Daily news

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    The British Horseracing Authority (BHA) has warned that the racing industry in Great Britain faces a “severe threat” after the return of spectators to events was delayed due to an increase in novel coronavirus (Covid-19) cases.

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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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    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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    Southern European and Latin American operator Codere was hit hard by novel coronavirus (Covid-19) in the first half of 2020, with the pandemic shuttering its land-based venues and the resulting lack of sports weighing down its online business.

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    The Michigan Gaming Control Board (MGCB) has approved Churchill Downs Incorporated (CDI) to begin offering advance deposit wagering (ADW) on horse racing to players in the state.

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    Churchill Downs Incorporated (CDI) has opened a new outdoor gaming patio on the south side of Derby City Gaming, the only licensed land-based gaming facility in Louisville, Kentucky.

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    New Zealand Minister for Racing Winston Peters has set out his expectations for TAB NZ, saying that the new organisation should focus on helping the domestic industry recover from the novel coronavirus (Covid-19) pandemic.

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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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    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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    America’s biggest horseracing event, the Kentucky Derby, will take behind closed doors for the first time in its almost 150-year history at the start of next month.

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    Bettors in Illinois will be able to sign up for an online sports betting account without travelling to a physical location after Governor J.B. Pritzker reinstated an executive order suspending in-person registration.

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    Sweden’s AB Trav och Galopp says that the suspension of sporting events as a result of novel coronavirus (Covid-19) in the first half of 2020 benefitted its performance, as customer attention shifted to its core horse race betting product.

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    South African racing operator Phumelela Gaming and Leisure Group has published its business rescue plan, which could see it sell its horse racing business as it struggles with debts of up to ZAR1.17bn.

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    Horse racing – and simulcast wagering – has resumed in Michigan, with Northville Downs holding live standardbred races from August 14.

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    Puerto Rico has taken a step towards launching legal sports betting over a year after legalizing the vertical, beginning a 30-day consultation on sports betting regulations developed in partnership with Gaming Laboratories International (GLI).

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    Sky Sports-owned At the Races has struck a deal to extend its partnership with Ascot Racecourse, covering non-terrestrial television in the UK and Ireland, until 2024.

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    New GVC Holdings chief executive Shay Segev has set out four key priorities that he believes can drive “significant growth” for the business, add value for stakeholders and entrench responsibility in everything it does.

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