Daily news

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    Betting technology supplier Sportech says efforst to reduce operational costs in the first half of its fiscal year helped to partially offset a “severe” decline in revenue, caused by the novel coronavirus (Covid-19) pandemic.

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    Online wagering solutions provider BetMakers Technology Group has raised AUS$35m (£19.2m/€21.5m/US$24.1m) through a new share placement, with the new funds to be used to execute its US expansion plans.

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    Bertrand Méheut has resigned as president of the board at French sports and horse race betting operator Pari-Mutuel Urbain (PMU).

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    The New Zealand Racing Industry Transition Agency (RITA) has launched a consultation on its revised racing calendar for the 2020-21 racing season, reflecting the impact of the novel coronavirus (Covid-19) pandemic.

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    The Deutsche Fussball Liga (DFL), the sport’s governing body in Germany, has announced that the top-tier Bundesliga and 2. Bundesliga second division will resume play on 16 May.

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    The New Zealand Racing Industry Transition Agency (RITA) is to launch a consultation over a number of proposed changes to the TAB, including a signficant reduction in personnel, as a result of the novel coronavirus (Covid-19) pandemic.

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    Sports data and affiliate business the QL Gaming Group has acquired Finnish sports forecasting company Accuscore and raised $1.1m in a new round of funding.

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    The Greyhound Board of Great Britain (GBGB) has released provisional plans to resume greyhound racing behind closed doors when the current government restrictions for novel coronavirus (Covid-19) are relaxed.

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    The British Horseracing Association (BHA) has released a provisional racing schedule ahead of the sport's planned resumption, with the first action since the novel coronavirus (Covid-19) enforced shut-down to take place over the weekend of 23-24 May.

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    The British Horseracing Association (BHA) has defended its decision to delay any resumption of racing in the UK, after its chief executive Nick Rust was reportedly urged to resign over the organisation’s handling of the crisis.

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    The Horserace Betting Levy Board has released £6.5m worth of capital credits to British racecourses to help them with cash flow during the novel coronavirus (Covid-19) crisis.

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    New Zealand’s Racing Industry Transition Agency (RITA) has announced initial approval for businesses and stakeholders in the country’s thoroughbred and harness racing sectors to return to work on 28 April.

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    Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity.

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    European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis.

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    New Zealand’s Racing Industry Transition Agency (RITA) has outlined a draft plan for a resumption of racing following the novel coronavirus (Covid-19) pandemic, with an initial resumption of greyhound racing on 11 May and thoroughbred racing on 3 July.

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    The UK's Horserace Betting Levy Board and the Racing Foundation have jointly pledged £22m in emergency support to the British horseracing industry to help it to manage the novel coronavirus (Covid-19) pandemic.

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    Kambi Group has revealed that it expects to achieve a year-on-year increase in revenue for the first quarter of 2020, while the sports betting service provider has set out a series of cost-saving measures to help mitigate the impact of novel coronavirus (Covid-19).

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    iGaming operator and supplier Newgioco has reported a decline in sports betting revenue in March, though this has been mitigated in part by growth in other verticals.

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    Betiton, a new igaming operator founded by a former Aspire Global executive, has launched on Aspire’s platform.

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    Poland’s Association of Employers and Employees of Bookmakers has called on the country's government to step in and help the sector avoid significant job losses as a result of the novel coronavirus (Covid-19) pandemic.

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