Betting services supplier Sports Information Services (SIS) saw a reduction in profits during the most recent financial year due to the challenges in the retail betting market and an increase in expenditure and investment.
Mississippi Gaming Commission figures reveal that the state’s sports betting market has seen revenue more than double year-on-year in November, though the monthly total fell sharply from October’s record sum.
Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.
Sweden’s former horse racing monopoly operator Aktiebolaget Trav och Galopp (ATG) has been handed a warning after an investigation by Spelinspektionen, the country’s gaming regulator, found that bookmakers had been allowed to operate at racecourses without the necessary approvals.
France’s Senate has passed a budget bill for 2020, including an amendment to calculate gambling tax based on gross gaming revenue (GGR) rather than turnover. The budget amendments still require approval from the National Assembly before they can come into law.
New Zealand’s Minister for Racing, Winston Peters, has introduced the Racing Industry Bill, a piece of racing reform legislation that has already received support from the Racing Industry Transition Agency (RITA).
WatchandWager has agreed an extension of its agreement with the board of directors of the California Exposition & State Fair in Sacramento, allowing it to continue its Cal Expo harness racing operations through to May 1, 2025.
Webis Holdings, the parent company of WatchandWager, has announced a loss of $930,000 (£718,820/€844,335) for the 12 months to 31 May 2019, after the loss of a large wagering syndicate led to a significant year-on-year decline in customer spending.
UK pool betting operator the Tote has expanded its portfolio ahead of its relaunch by resurrecting one of its most popular games through a new partnership with free-to-play content specialist SportCaller.