The Jockey Club, the UK’s largest commercial horse racing organisation, has reported a 6.7% year-on-year increase in revenue to £214.6m (€248.6m/$277.0m) for 2018, but warned betting shop closures are likely to impact industry growth in 2019.
The Gambling Commission of England, Scotland and Wales aims to make faster progress on reducing gambling related harms through its new National Strategy to Reduce Gambling Harms, with a focus on improving prevention and education efforts and enhancing treatment and support.
Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.
Mississippi’s regulated sports betting market has seen revenue grow strongly in March, as a result of punters betting heavily on basketball over the month. Handle climbed to $32.4m, with a market hold of 15.11% resulting in $4.9m of taxable revenue.
The Louisiana Senate is to hold a full debate on a bill that would legalise certain forms of sports betting in the state. SB153 would permit wagering at horse racing tracks, casinos and riverboats in Louisiana.
Live dealer software supplier Evolution Gaming has posted double-digit growth across both revenue and profit in the first quarter, as it felt the benefit of higher commission income from existing customers.
The Indiana House and Senate have voted through a repackaged bill that would legalise certain forms of sports betting in the state, with a mobile wagering component restored. Governor Eric Holcomb will now consider signing the bill into law.
A new investigation into gambling advertising in Sweden will consider a number of new controls to halt what lawmakers consider to be overly aggressive marketing practices by the country’s licensed igaming operators, including a blanket ban on advertising.
Two bills that would legalise certain forms of sports wagering in Montana have been passed to Governor Steve Bullock for his signature, ahead of the end of the state’s current legislative session on April 30.
The Pueblo of Isleta will become the third Native American tribe to launch sports betting services in New Mexico, with a new sportsbook will open at the Isleta Resort & Casino in Albuquerque later this year.
Marketing platform provider First Look Games has formed a strategic partnership with iGaming Business, the publishing division of igaming events giant Clarion Gaming, to help increase exposure for games developers.
Betfred has unveiled a suite of managed sports betting and trading products, specifically developed for the US market. The bookmaker is working with SCCG Management as it looks to win clients in the tribal and non-tribla sectors.