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 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.
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.
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.
Sports betting services provider Kambi Group has cited the launch of Sweden's newly-regulated igaming market and its ongoing expansion efforts in the US as among the main drivers of a 28% year-on-year increase in revenue during the first quarter of 2019.
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.
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.
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-tribal sectors.
The Iowa House of Representatives has approved an amended version of a bill that would legalise sports betting in the state, with Governor Kim Reynolds’ signature now all that is required for it to come into law.
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.