#2023 SIGMA Summit

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Benefits of the New Gambling Legislation in Curaçao

Today is the last day of the 2023 SIGMA Summit conference and expo in the picturesque island nation of Curaçao. So far, many known figures in the gambling industry gave keynote speeches to talk about the future of gambling. One of the gambling event on the agenda was the Curaçao Finance Minister, Javier Silvania. In his speech, he Emphasizes the Benefits of the New Gambling Legislation in Curaçao…

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VMJV - 4th Quater 2023

Nobody had expected this, a war in Israel. The market was very turbulent in October and we struggled to maintain our positions and find sensible investments. But despite all adversities, the VMJV was able to generate a profit in the 4th quarter. The market calmed down in November and good markups were recorded in December. All of this resulted in a dividend of $1.59 per share or 3.62%. We continue to make decisions about investments based on the same aspects of value preservation, risk management and profit-oriented. We therefore continue to invest in large stock corporations, as well as in energy and foreign exchange assets. We will reduce the precious metals we have built up again. Outlook: There are still several factors to be observed for the next year, the war in Ukraine continues to play a role, as well as the war in Israel, the interest rate policy of the national banks also needs to be monitored, the ECB and the FED have recently not made any further interest rate moves. At 5.5% in the USA and 4.5% in the EU, the key interest rate is already at a high level. This also resulted in a number of bankruptcies, the most famous in Europe being Sigma. We will also pay further attention to the development of climate policy, according to which the summit in Dubai produced more results than expected, although there is still considerable room for improvement. Read the full article