Sports betting solutions provider Kambi Group has reported a year-on-year rise in revenue for the third quarter, but saw its operating profit decline as a result of higher spending related to its US expansion efforts.
The Korea Racing Authority (KRA), the public company established to manage the racehorse industry in South Korea, has launched efforts to introduce online horse race betting in the country in the hopes of limiting illegal online betting.
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.
The International Betting Integrity Association (IBIA) has reported a year-on-year decline in suspicious betting alerts during the third quarter, with tennis again generating the most alerts for the period.
As the Minister-Presidents of Germany's 16 federal states prepare to meet to discuss the future of gambling regulations, the German Sports Betting Association (DSWV) has urged a root-and-branch overhaul of the current framework.
Australian lotteries and betting operator Tabcorp has entered into a partnership with North America’s National Basketball Association (NBA). Tabcorp will now serve as an authorised sports betting operator of the NBA in Australia.