The British Horseracing Authority (BHA) has announced that it plans to increase minimum prize money levels from September, with the appearance money scheme, designed to deliver more value for mid- and lower-tier trainers also set to resume that month.
La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year.
GVC Holdings has reported an 11% year-on-year decline in revenue for the first half of 2020, though outgoing chief executive Kenneth Alexander hailed the strong performance of the operator’s online business during the period.
The Hong Kong Jockey Club (HKJC) has closed seven off-course betting facilities (OTBs) and delayed the relaunch of Mark Six lottery draws after a resurgence of novel coronavirus (Covid-19) in the Chinese special administrative region.
Daily fantasy and sports betting operator DraftKings and land-based casino operator Twin River Worldwide Holdings have announced the opening of a temporary retail sportsbook at the Mardi Gras Casino in Black Hawk, Colorado.
National Football League (NFL) franchise the Denver Broncos has signed up its second sports betting partner, with BetMGM to open a new lounge at the team’s Empower Field at Mile High stadium through the agreement.
GVC Holdings has declared its support for a number of recommendations made by the House of Lords in regards to the gambling regulatory framework in Great Britain, including a call to accelerate the review of the 2005 Gambling Act.
New figures released by the Polish Ministry of Finance reveal that while the country has seen gambling revenue decline for the year to date, newly regulated products helped mitigate falls in online betting and land-based gaming.
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.
A new survey by the UK government reveals that gambling businesses are split over whether they can withstand the disruption caused by novel coronavirus (Covid-19), though a significant number of respondents reported revenue being wiped out by lockdown.
The Hong Kong Jockey Club (HKJC) has announced it is to reopen the majority of its off-course betting shops on non-racedays from 22 June, as restrictions placed on the network as a result of novel coronavirus (Covid-19) are eased.
Members of Norway’s parliament, the Storting, have called on the country's government to reject a suggestion from the Ministry of Agriculture and Food (LMD) for a NOK20,000 monthly loss limit for horse racing monopoly Norsk Rikstoto.
The UK’s Advertising Association (AA) has rejected proposals from the Gambling Related Harm All Party Parliamentary Group (APPG) to ban all forms of gambling advertising, saying that such a move is not necessary at present.
William Hill has seen revenue for the 23 weeks to 9 June fall 32% year-on-year, though the operator claims that recent weeks have shown the business recovering strongly from the disruption caused by novel coronavirus (Covid-19).