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Racetrack and Racino » Sports Betting
  • daily_news
    13 December 2019

    Iowa sports betting revenue falls 36.4% in November

    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.

  • daily_news
    13 December 2019

    French Senate approves shift to GGR tax for gambling

    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.

  • daily_news
    10 December 2019

    Indiana betting revenue dips as digital drives handle growth

    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.

  • daily_news
    9 December 2019

    Dean McKenzie to take interim executive role with NZ’s RITA

    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.

  • daily_news
    6 December 2019

    IGT launches sports betting with tribal operator in NY

    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. 

  • daily_news
    4 December 2019

    Study claims one in six Australian 16-17 year-olds gamble

    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.

  • daily_news
    28 November 2019

    Webis slips to full year loss as customer spending drops

    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.

  • daily_news
    27 November 2019

    Nevada gaming market tops $1bn for sixth time in 2019

    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. 

  • daily_news
    21 November 2019

    Mississippi betting market hits new heights in October

    Mississippi’s sports betting market has enjoyed its strongest month since launch by far, with revenue hitting $12.3m in October. 

  • daily_news
    18 November 2019

    Indiana sports betting handle soars in October

    The Indiana Gaming Commission has revealed that players in the state staked $91.7m on sports in October, a month-on-month increase of 160.4%.

  • daily_news
    14 November 2019

    Poker and racing recoveries contribute to French Q3 growth

    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.

  • daily_news
    14 November 2019

    Californian tribes make sports betting regulatory pitch

    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.

  • news_analysis
    13 November 2019

    Are Australians falling out of love with horse racing?

    Betting on the Melbourne Cup was subdued this year, with taxes and animal cruelty concerns affecting enthusiasm for the big race, reports Joanne Christie.

    Subscriber content
  • daily_news
    31 October 2019

    NH voters to have say on sportsbook locations next week

    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. 

  • daily_news
    28 October 2019

    ACT survey: 14% of population affected by gambling harms

    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.

  • daily_news
    25 October 2019

    ATG defies Swedish trends with record third quarter

    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.

  • daily_news
    17 October 2019

    UK Tote Group finalises acquisition of the Tote

    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.

  • daily_news
    16 October 2019

    PMU revenue down in Q3 despite ongoing French racing growth

    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.

  • daily_news
    10 October 2019

    Churchill Downs completes deal for Kentucky’s Turfway Park

    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.

  • daily_news
    25 September 2019

    New Jersey horse racing group wins betting legal case

    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.

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