French horse racing giant Pari-Mutuel Urbain (PMU) has been hit with a €900,000 fine from France’s Competition Authority after it was found to have failed to maintain its commitment to splitting online and retail liquidity.
All British greyhound racing has been suspended after Prime Minister Boris Johnson banned all non-essential travel and gatherings of more than two people in order to limit the spread of the novel coronavirus (Covid-19).
Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.
Mississippi Representative Cedric Burnett has resurrected a bill to legalize mobile wagering in the state, having previously seen a similar proposal die without progressing to a committee hearing in 2019.
New Zealand’s Racing Industry Transitional Authority (RITA) admitted concerns that the Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products, but revealed that a bill regulating online betting may be in the works.
The enactment of Federal Law No. 13,756/18 in December 2018 was followed by progress on developing regulations over the course of 2019. Now the stage is set for a successful launch in 2020, writes Neil Montgomery of Montgomery & Associados.