Young Venezuelans Aspire To Gaming Stardom Despite Obstacles

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"There are a lot of interested people, there is a lot of talent here in Venezuela, a lot of players," said Abreu.
(Reporting by Deisy Buitrago in Cagua; Writing by Steven Grattan; Editing by Christian Plumb, Alexandra Hudson)

"The truth is that when I saw the result... it was something magical, surprising, a dream I always had as a child that came true," said 23-year-old Parra, who lives in central-Venezuela's Aragua state, and started playing video games at the age of four.

Interim appointments were in place, with changed reporting lines to create better accountability and independence for risk management, "to ensure we move swiftly to strengthen The Star Sydney's operations and risk and controls management".

The Star Entertainment Group (TSEG) says it has a plan for "a multi-year transformation of the governance, accountability and capabilities, culture and risk, and compliance management practices of the organisation".

Wuebbling also said the chips will not contain a so-called hash-rate limiter, a technology Nvidia put in its previous generation of chips to limit their use in mining the cryptocurrency Ethereum, because of recent changes in how that currency is tracked.
(Reporting by Stephen Nellis; editing by Jonathan Oatis)

CAGUA, Venezuela, Sept 1(Reuters) - Gamer Gabriel Parra was ecstatic to see himself hailed as the "Venezuelan star" after scoring the fastest time in an international Formula 1 eSports racing competition in May.

Sept 20 (Reuters) - Nvidia Corp on Tuesday announced new flagship chips for video gamers that use artificial intelligence (AI) to enhance graphics, saying it has tapped Taiwan Semiconductor Manufacturing Co to make the processors.

He is one of some 3,000 young Venezuelans competing in the multi-million dollar "eSports" industry, a lucrative business with international signings, prizes and millions of viewers which has started to boom in the Andean nation, despite economic chaos, poor internet connection, power failures and local restrictions on war pkv Games.

They allegedly recovered seven firearms, gel blasters, a replica handgun, a kilogram of tobacco, steroids, cannabis, a crystalised substance believed to be MDMA, a prohibited laser pointer and $1,600 cash.

A statement from the commission said The Star had met its deadline to make submissions as to why the regulator should not take disciplinary action against it, and they would be considered before determining its response.

Professional gamers who aspire to become international superstars train an average of 40 hours a week. It's a dream job for many teenagers, offering such advantages of recurring income, the ability to work from home and combining hobby with career.

Police also arrested and charged a 45-year-old man from North Batemans Bay with a number of offences related to illegal firearms, ammunition and possessing a gaming machine that isn't approved.
He was also granted a conditional bail.

Mei said the trend of Chinese entrepreneurs setting up base in Singapore as a beachhead for Southeast Asia, was likely to bring capital and new business opportunities in sectors such as digital media and gaming.

The dream of earning a living as a professional gamer is particularly resonant for many young people in Venezuela given the sparse opportunities otherwise available in a country with a minimum monthly salary equivalent to about $22 a month.

Ravitch, a former Goldman Sachs banker for 16 years, before he co-founded Raine in the aftermath of the global financial crisis, expects increased cross-border deals in the region, home to about 650 million people.

It pledged to take "additional necessary and appropriate action" so the NICC "can be satisfied The Star Sydney has taken sufficient steps, and has bound itself to take further steps, so that it may continue to hold its licence".

Police intercepted a package sent from Batemans Bay, in New South Wales, to Queensland last month, with officers finding white powder hidden inside the toy from the international smash hit children's show on the ABC.
SINGAPORE, Sept 28 (Reuters) - Southeast Asia's digital media and tech sectors, underpinned by young consumers and one of the fastest growing internet markets, had drawn U.S.
investment bank Raine Group to expand in the region, senior executives said.

The company says it has taken "significant and urgent remedial steps, including increased risk, compliance, and security staff, approval of upgrades to surveillance technology as well as permanently exiting junkets and closing the Marquee nightclub".

"The scarcity of capital in an era of volatility, rising interest rates and inflation, will create investment opportunities and require companies to be more strategic," Ravitch told Reuters in an interview on the sidelines of the Forbes Global CEO Conference.