Daily news

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    The Hong Kong Independent Commission Against Corruption (ICAC) announced on Monday (11 November) that 21 people, including six staff working for the Hong Kong Jockey Club (HKJC) have been arrested for suspected corruption.

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    New Zealand’s Racing Industry Transition Agency (RITA) reported revenue of NZD $348.0m (£123.6m/€144.2m/$158.7m) for the fiscal year ending July 31, down 3.1% year-on-year, as it missed its target for pre-distribution profit.

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    Atlantic City Mayor Marty Small Sr. has called for the city to receive a direct cut of sports betting tax in New Jersey, arguing it has played a key role in the success of the state’s regulated market.

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    Sports data provider Sportradar has partnered the Council of Europe (CoE) for a new pilot project to assess risk factors that affect the integrity of professional sports around the world.

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    Sri Lanka has become the first South Asian country to criminalise match fixing, with a bill setting out severe penalties including fines of up to LKR100m (£431,836/€502,536/$554,078) and ten-year prison terms.

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    Sports wagering revenue in Iowa increased to $5.7m (£4.4m/€5.2m) in October, the second full month of regulated betting in the state, with growth across both the retail and online sectors.

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    The Kenyan Tax Appeals Tribunal has ruled in favour of betting operators that challenged whether a controversial gambling tax should be levied on player winnings, rather than their original stakes.

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    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

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    Revenue from New York’s four commercial sportsbooks declined 4.4% month-on-month in October to $2.2m (£1.7m/€2.0m), though this still represented the second-highest monthly total since the launch of regulated retail wagering in July.

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    Online sports betting operator PointsBet has set out plans to launch in Colorado next year after the state last week legalised sports wagering.

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    The Norwegian government will consider transferring the country’s horse racing betting monopoly from national tote Norsk Rikstoto to national lottery Norsk Tipping when the former’s rights to organise wagering on racing expire at the end of 2021.

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    Licensed operators in Indiana generated $11.5m (£9.0m/€10.4m) in adjusted gross revenue from sports betting in October, while the handle for the state’s market increased rose to $91.7m.

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    The Malawi Gaming Board is preparing to launch a request for proposals (RFP) process to award additional sports betting, casino and wide area progressive licences in the country.

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    Betting services supplier Sports Information Services (SIS) has agreed a deal to provide its 24/7 Mixed Racing Betting Channel to online gambling group Argyll Entertainment.

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    Daily fantasy and sports betting operator DraftKings has rolled out its mobile sportsbook in Pennsylvania. DraftKings is also active in New Jersey, Indiana and West Virginia.

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    Colorado has legalised sports betting statewide through referendum, with the proposition receiving 51.1% of the vote.

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    ParionsSport, the sports betting brand of French gaming operator La Française des Jeux (FDJ), has agreed a deal to become an associate partner of the first regular-season National Basketball Association (NBA) game in France.

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    Betting technology supplier Newgioco has secured a new sports betting deal in Washington DC, entering into a partnership with the Grand Central sports bar and Capo deli.

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    Online betting and gaming platform provider GAN has reported a 222% year-on-year increase in gross operator revenue for the four months to October 31, 2019, primarily due to higher than expected demand for internet gambling in both New Jersey and Pennsylvania.

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    Democratic Party candidate Andy Beshear — who pledged to legalize commercial casinos, sports betting and online gaming if elected — has won Kentucky’s gubernatorial election.

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