Daily news

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    The Colorado Department of Revenue has reported a 20.8% month-on-month decline in sports betting revenue in the state during August, despite its handle more than doubling to $128.6m.

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    The Japanese Racing Association (JRA) is to ease restrictions at a number of its off-track betting (OTB) locations, with facilities able to accept bets on a wider range of races from 26 September.

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    William Hill’s first full month of activity in the Washington D.C. market saw players stake $9.1m at the operator’s sportsbook in the city’s Capital One Arena, far outstripping handle for the DC Lottery’s Intralot-powered online offering.

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    Online gambling revenue in Great Britain declined across all verticals in July at a time when retail showed signs of recovery, according to the latest figures from the Gambling Commission’s ongoing tracking of customer activity during the novel coronavirus (Covid-19) crisis.

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    The Japanese Racing Association (JRA) has announced it will reopen its J-Place Kasamatsu, Ena and Tosu off-track betting (OTB) facilities from 19 September.

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    Australian lotteries and gaming giant Tabcorp has raised approximately AU$230m from the sale of shares to retail investors, taking its total proceeds from an accelerated entitlement offer to $600m.

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    Sportech's Racing and Digital tote betting solutions divison has extended its services agreement with long-term client, the Jockey Club del Perú.

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    Brigid Simmonds, chairman of UK trade association the Betting and Gaming Council (BGC), has called upon the Communities and Local Government Select Committee to place the needs of the retail betting industry at the centre of its inquiry into supporting high streets in the wake of the novel coronavirus (covid-19) pandemic.

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    Czech gaming conglomerate Sazka Group says it is showing signs of recovery following the novel coronavirus (Covid-19) shut-down, which resulted in revenue and profit falling in the first half of 2020.

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    The Japanese Racing Association has set out plans for a partial reopening of more of its Park Wins, Wins and J-Place off-track betting facilities from Saturday 12 September.

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    Betting technology supplier Sportech's losses widened five-fold in the first half of 2020 as the impact of the novel coronavirus (Covid-19) led to a 38.7% drop in revenue to £20.2m (€22.2m/$26.3m).

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    DraftKings has brokered a deal to become the official sports betting and daily fantasy partner of Major League Baseball team the Chicago Cubs, while the operator has also opened a second retail sportsbook in New Hampshire.

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    The European Commission has launched an investigation into the Belgian Gaming Commission’s decision to allow GVC Holdings’ Ladbrokes brand to offer virtual sports in the country, while refusing similar requests from other licensees.

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    The Hong Kong Jockey Club (HKJC) has reported declines in revenue and turnover for its 2019-20 fiscal year, though management hailed the business’ resilience after it managed to avoid race cancellations over the period.

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    The Malta Gaming Authority (MGA) and Dutch regulator Kansspelautoriteit (KSA) have entered into a Memorandum of Understanding (MoU), with the aim of clamping down on illegal activities in their gambling markets.

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    The Japan Racing Association (JRA) announced that horse racing in the country will continue to take place behind closed doors until at least 4 October.

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    The significant expansion and diversification of Flutter Entertainment’s operations through its acquisition of The Stars Group helped the operator mitigate the disruption caused by novel coronavirus (Covid-19) in the first half of the year.

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    British operator Betfred has made an offer to purchase struggling South African racing operator Phumelela for between ZAR875m and ZAR925m (£39.6m-£41.9m/€44.2m-€46.7m/$52.1m/$55.0m).

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    The British Horseracing Association has published its Racing Recovery Plan, through which it intends to work towards the resumption of full racing activity in front of spectators.

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    France Galop, the governing body for the country’s flat and steeplechase racing sector, says that while proceeds from betting on racing will be down year-on-year, it has been encouraged by growth in the sector from June onwards. This growth, it noted, had prompted horse race betting operator Pari-Mutuel Urbain (PMU) to raise its full-year profit forecasts.

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