Daily news

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    Churchill Downs Incorporated (CDI) has temporarily furloughed employees at venues closed by the novel coronavirus (Covid-19) pandemic.

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    H2 Gambling Capital now expects global gambling gross win to fall by at least 11% in 2020 due to the spread of the novel coronavirus (Covid-19).

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    Indiana’s regulated sports betting market reported a 9.6% month-on-month rise in handle in February, breaking the record set in January thanks largely to continued online growth.

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    Iowa has reported net receipts of $755,334 from its sports betting licensees in February, down 76.6% month-over-month, after losses in the retail channel offset marginal growth in online revenue. 

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    New York’s four commercial casinos have reported losses of $179,593 from sports betting in February, with del Lago the only venue to actually generate revenue during the month.

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    Regulated sports betting is set to begin in Michigan this week, with Detroit's three commercial casinos expected to be authorised to launch retail wagering by the Michigan Gaming Control Board. 

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    H2 Gambling Capital expects the outbreak of the novel coronavirus (Covid-19) to lead to a decline of up to 8% in global gambling gross win in 2020, only the second time annual revenue will have fallen in 20 years.

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    Rhode Island’s sports betting market saw revenue soar in January 2020 thanks to a strong performance from the Twin River casino in Lincoln.

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    Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting. 

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    France’s online gaming market revenue grew 18.1% year-on-year to €1.42bn in 2019, thanks in part to a 27.3% increase in the contirbution from sports betting, according to online gambling regulator L’Autorité nationale de régulation des jeux en ligne (ARJEL).

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    France’s new gambling regulator, L’autorité Nationale des Jeux (ANJ) will be “fully operational” in spring of this year, with Isabelle Falque-Pierrotin, currently state councillor for France’s National Commission for Data Protections, as its president.

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    Mississippi Representative Cedric Burnett has resurrected a bill to legalize mobile wagering in the state, having previously seen a similar proposal die without progressing to a committee hearing in 2019. 

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    Sweden’s former horse racing monopoly operator Aktiebolaget Trav och Galopp (ATG) has reported a 6.6% year-on-year rise in net gaming revenue for 2019, despite a decline in income from horse racing betting in the country.

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    US gambling facility operator Greenwood Racing has appointed Eric Hausler, previously of VICI Properties and Capri Casinos, as its new chief executive, effective from 20 January.

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    Michigan Governor Gretchen Whitmer has ratified bills to legalize sports betting and online gaming in the state, paving the way for a 2020 roll-out. 

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    Mississippi Gaming Commission figures reveal that the state’s sports betting market has seen revenue more than double year-on-year in November, though the monthly total fell sharply from October’s record sum.

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    The Illinois Gaming Board has issued emergency rules to kick off the first phase of the state’s sports betting licensing process. 

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    Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.

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    Iowa’s regulated sports betting market has recorded a 36.4% month-on-month decline in revenue for November, after a rise in handle was accompanied by an increase in payouts to customers.

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