The Japanese government is considering submitting a bill to introduce a basic law on gambling addiction prevention. The law would require gambling operators, including municipal governments to put together basic plans for toughening gambling regulations, said unnamed sources.

The Turf Authorities of India (TAI) has approached Union Finance Minister Arun Jaitley to discuss GST implications on horse-betting.

Tabcorp has been found guilty of illegally luring punters to open new accounts through promotions published both online and in print, SBC News reports.

Former NSW premier Barry O’Farrell has been appointed the chief executive of Racing Australia, while former Victorian Labor senator Stephen Conroy has been appointed as the head a new gambling industry lobby group.

Hong Kong Jockey Club (HKJC) and Racing U.K. have announced a new partnership that will see HK horse racing become available to UK viewers.

“In an exciting new partnership with the Hong Kong Jockey Club (HKJC), Racing U.K. will show the world-famous action from the stunning backdrops of Sha Tin and Happy Valley, starting with Longines Hong Kong International Races week, which gets underway with the International Jockeys' Challenge tomorrow (7 December),” said Racecourse Media Group in a press release.

India's racing industry has been stirred after a document went viral on a social media app, which could mean racing revenues become subject to the same tax rate as alcohol and tobacco.

A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action.

 

A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action. It can take a while for the bureaucratic wheels to start turning within the Japan Racing Association (JRA), but the nation's ravenous horse racing bettors have been unleashed on a selected number of overseas events.



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New Zealand Racing Board (NZRB) announced net profit before distributions of $146.7 million for the year ending July 31, 2016, as well as the commencement of a new, independent inquiry for greyhound racing.

Success Dragon, a gaming services firm, posted higher revenue in the six months to end September and said its business in Macau is improving.

With massive crowds, booming betting turnover and burning with ambition, Korean racing just might be Asian racing's sleeping giant. Yet not only does it face the same external pressures as the sport does worldwide, there are many “internal” challenges unique to the still-emerging jurisdiction.

 

With massive crowds, booming betting turnover and burning with ambition, Korean racing just might be Asian racing's sleeping giant. Yet not only does it face the same external pressures as the sport does worldwide, there are many “internal” challenges unique to the still-emerging jurisdiction. Now the Korean Racing Authority (KRA) is hoping a new international race meeting and re-vitalized competition can lead it into a new golden age.



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