Daily news

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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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    The British Horseracing Association (BHA) has announced that scheduled racing events will continue to take place, albeit without spectators and with restrictions on the number of attendees, as a result of the novel coronavirus (Covid-19) pandemic.

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    New Zealand’s Racing Industry Transitional Authority (RITA) admitted concerns that the Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products, but revealed that a bill regulating online betting may be in the works.

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    Betting technology provider Sportech has named its interim executive chairman Richard McGuire as its new chief executive officer.

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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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    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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    GambleAware has reiterated calls for UK operators to offer further financial support its problem gambling efforts after revealing that industry funding failed to meet its 2018-19 target.

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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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    International Game Technology (IGT) has appointed Ian Freeman as vice president of global business development and commercial at its PlayDigital division.

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    The Gambling Awareness Trust has been established to tackle problem gambling-related issues in Ireland, with the independent charity to have access to over €1m (£854,400/$1.1m) in funding each year.

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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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    William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.

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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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    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.

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    A consortium of leading figures in the racing industry has reportedly agreed to purchase a stake in the Tote, with a view to taking full ownership

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    France's Pari Mutuel Urbain (PMU) has appointed a new leadership team of Bertrand Méheut and Cyril Linette

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    William Hill has announced a series of changes to its senior management team, including appointing Ulrik Bengtsson to the new role of chief digital officer

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    UK Prime Minister Theresa May yesterday (Monday) appointed Matt Hancock as Culture Secretary in a move that could favour the British gambling industry

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