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.
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.
New Zealand’s Racing Industry Transition Agency (RITA) reported revenue of NZD $348.0m (£123.6m/€144.2m/$158.7m) for the fiscal year ending July 31, down 3.1% year-on-year, as it missed its target for pre-distribution profit.
The Hong Kong Independent Commission Against Corruption (ICAC) announced on Monday (11 November) that 21 people, including six staff working for the Hong Kong Jockey Club (HKJC) have been arrested for suspected corruption.
The Norwegian government will consider transferring the country’s horse racing betting monopoly from national tote Norsk Rikstoto to national lottery Norsk Tipping when the former’s rights to organise wagering on racing expire at the end of 2021.
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.