South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.
William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.
UK racecourse operator the Arena Racing Company (ARC) has announced that the Belle Vue Stadium greyhound racing venue will permanently close, saying there is “no longer a business case” to keep the site operating.
Betting technology supplier Sportech says efforst to reduce operational costs in the first half of its fiscal year helped to partially offset a “severe” decline in revenue, caused by the novel coronavirus (Covid-19) pandemic.
Online wagering solutions provider BetMakers Technology Group has raised AUS$35m (£19.2m/€21.5m/US$24.1m) through a new share placement, with the new funds to be used to execute its US expansion plans.
The New Zealand Racing Industry Transition Agency (RITA) has launched a consultation on its revised racing calendar for the 2020-21 racing season, reflecting the impact of the novel coronavirus (Covid-19) pandemic.
The New Zealand Racing Industry Transition Agency (RITA) is to launch a consultation over a number of proposed changes to the TAB, including a signficant reduction in personnel, as a result of the novel coronavirus (Covid-19) pandemic.
The Greyhound Board of Great Britain (GBGB) has released provisional plans to resume greyhound racing behind closed doors when the current government restrictions for novel coronavirus (Covid-19) are relaxed.
The British Horseracing Association (BHA) has released a provisional racing schedule ahead of the sport's planned resumption, with the first action since the novel coronavirus (Covid-19) enforced shut-down to take place over the weekend of 23-24 May.
The British Horseracing Association (BHA) has defended its decision to delay any resumption of racing in the UK, after its chief executive Nick Rust was reportedly urged to resign over the organisation’s handling of the crisis.
New Zealand’s Racing Industry Transition Agency (RITA) has announced initial approval for businesses and stakeholders in the country’s thoroughbred and harness racing sectors to return to work on 28 April.