Iowa’s regulated sports betting market has recorded a 36.4% month-on-month decline in revenue for November, after a rise in handle was accompanied by an increase in payouts to customers.
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.
Indiana’s regulated sports betting market saw strong growth in customer stakes in November, though revenue declined month-on-month, according to the latest figures from the Indiana Gaming Commission.
The chairman of New Zealand’s Racing Industry Transition Agency (RITA) Dean McKenzie will take on the role of executive director once current chief executive John Allen steps down at the end of 2019.
International Game Technology (IGT) has launched sports betting for the Akwesasne Mohawk Casino Resort in Akwesane, New York, the third venue to roll out its PlaySports technology in the state.
Just under one in six Australians aged 16-17 gambled in the past year, according to the Longitudinal Study of Australian Children's (LSAC) annual statistical report.
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.
Nevada’s gaming market generated revenue of $1.02bn in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed $1bn.
The latest figures from French gambling regulator L’Autorité de régulation des jeux en ligne (ARJEL) have shown the growth of horse race betting and poker has continued into the third quarter, with total revenue up 27.7% year-on-year.
A coalition of 18 California-based Native American tribes have put forward a proposal that could pave the way for the launch of legal wagering in the state.
Betting on the Melbourne Cup was subdued this year, with taxes and animal cruelty concerns affecting enthusiasm for the big race, reports Joanne Christie.
Voters from nine cities in New Hampshire will have the opportunity to vote on whether to permit retail sportsbooks to operate in their communities at the state’s municipal elections on November 5.
Researchers in the Australian Capital Territory (ACT) have warned the state needs to have a serious discussion about the role of gambling in society after estimating that as much as 14% of its population has been negatively affected by gambling.
With other operators struggling in Sweden, former horse racing monopoly Aktiebolaget Trav och Galopp (ATG) bucked the trend to report a 12.6% increase in net gaming revenue for the third quarter of 2019 to SEK1.17bn, setting a new company record.
UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has completed its acquisition of UK pool betting operator the Tote. UK Tote Group is now the sole owner of the Tote.
Pari-Mutuel Urbain (PMU) has reported a 1.8% year-on-year decline in revenue for the third quarter, despite experiencing ongoing growth within its French horse racing betting business.
Churchill Downs Incorporated (CDI) has finalised its acquisition of Turfway Park in Kentucky from Jack Ohio LLC, an affiliate of Jack Entertainment LLC and Hard Rock International.
The New Jersey Thoroughbred Horsemen’s Association (NJTHA) has claimed victory in a long-running legal dispute with the leading US professional sports leagues over sports betting.