Daily news

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    UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has completed its acquisition of UK pool betting operator the Tote. UK Tote Group is now the sole owner of the Tote.

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    New Zealand’s Minister for Racing, Winston Peters, has outlined his expectations for the country’s new Racing Industry Transition Agency (RITA), saying that he anticipates the body leading the national horse racing industry to sustainable growth.

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    Sandy Dudgeon, newly appointed senior steward of UK commercial horse racing organisation The Jockey Club, has issued a call for greater collaboration among stakeholders and interested parties to help the sport overcome challenges and make the most of growth opportunities.

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    London-listed Webis Holdings has announced that its advanced deposit wagering (ADW) business WatchandWager has renewed its commingling contract with the Hong Kong Jockey Club.

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    Racecourse owners and breeders organisation Together for the Tote has named Mark Kemp, formerly of Ladbrokes Coral Group, as its new UK managing director.

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    The Horseracing Betting Levy Board (HBLB) has warned that the Levy for the UK industry in 2018-19 is set to fall short of expectations by some distance, with forecasts placing the sum paid to the industry down by £17m (€9.4m/$21.7m) from the previous year.

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    UK racecourse operator Arena Racing Company (ARC) has acquired a 45% holding in i-neda, a supplier providing pari-mutuel wagering technology to operators in the US, Europe and Asia.

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    Clarion Gaming’s inaugural edition of ICE North America, which takes place in Boston from May 13 to 15, will feature a keynote presentation from iconic boxer and Olympic champion Sugar Ray Leonard.

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    US casino operator Delaware North has filed a lawsuit against its sports betting joint venture partner Miomni Gaming, accusing the supplier and its CEO Michael Venner of engaging in “an ongoing pattern of misrepresentation and bad faith” throughout the partnership.

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    The National Collegiate Athletics Association (NCAA) Division I Men's Basketball Tournament, commonly known as March Madness, is set to attract up to $12.1bn (£9.2bn/€10.7bn) in wagers, according to figures from H2 Gambling Capital.

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    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

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    England’s Ascot Racecourse has agreed new international media rights deals with specialist racing broadcaster At The Races and multi-channel content supplier Sports Information Services.

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    A number of major bookmakers have come out in support of the British Racing Authority’s decision to suspend all horse racing meetings until next week due to an outbreak of equine influenza.

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    US casino operator Eldorado Resorts has completed its deal to secure a $50m equity stake in William Hill, and 20% stake in its William Hill US subsidiary, as part of the companies’ 25-year US-focused sports betting partnership.