Monday, April 19, 2021

Online betting boosts Japan’s local horse racing

Revenue figures across Japan show that online betting for local horse racing, perhaps in part driven by the pandemic, are hitting all-time record figures. Japan’s...

Tabcorp rejects offers for media business as too low

Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.

HKJC to offer World Pool on Dubai World Cup meeting

The Hong Kong Jockey Club will offer World Pool betting for the Dubai World Cup meeting (27 March) at Meydan Racecourse.

HKJC adds Derby Day, QIPCO 2000 Guineas to World Pool

The Hong Kong Jockey Club has added the QIPCO 2000 Guineas Day at Newmarket and Derby Day at Epsom Downs as World Pool events this year. 

Macau Jockey Club forced to cancel lucrative Hong Kong simulcast

The Macau Jockey Club (MJC) will miss out on a multimillion dollar payday for the second year running after the cancellation of the Hong Kong simulcast of the Macau Hong Kong Trophy.

Japan motorboat racing bets spiraling upwards

There has been a surge in betting on motorboat races in Japan as more people stay at home amid the novel coronavirus pandemic.

Tabcorp H1 profit falls 7% on Covid impact

Tabcorp said its first half net profit after tax fell 7 percent to A$185 million, while revenue declined 1.5 percent, "primarily due to Covid-19 impacts."
Hong Kong jockey Club

HKJC pins hopes on simulcasts to stem illegal gambling

The Hong Kong Jockey Club said the government’s decision to allow extra simulcast days during the summer racing lull will help curb the illegal gambling that has threatened to undercut its revenue in recent years.

HKJC welcomes additional 14 simulcast days

The Hong Kong Jockey Club has welcomed the government's decision to all the club to increase the maximum number of simulcast days per year by 14 days, from a total of 23 days to 37 days, and allowing simulcast days to take place during the summer (from July to August) starting from 2021.

Entain makes bid for Tabcorp’s wagering and media division

UK-based Entain Plc has made a non-binding offer to buy the wagering and media division of Australia’s largest gambling company, Tabcorp Holdings.

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IPI receivership deadline extended to March 23

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Quang Nam province to trial vaccine tourist scheme

Quang Nam province in central Vietnam has put forward a proposal to host guests who have been vaccinated against Covid in two resorts, according to local media.

Full recovery in Macau could be delayed to 2023: Union Gaming

A full recovery in Macau could be delayed until 2023 as the slow rollout of vaccines prevents a significant easing of travel restrictions, Union Gaming writes.

Macau GGR continue to improve, visitation at 15-month high

Macau's gross gambling revenue continued to show a small sequential improvement in the third week of April, with visitation hitting a 15-month high, according to Bernstein Research.