Thursday, July 29, 2021

HKJC ups prize money, to stage world’s richest Group 1 races

Hong Kong racing will offer record prize money of HK$1.46 billion for the 2021/22 season with the four G1 features on LONGINES Hong Kong International Raceday offering a combined new high of HK$100 million (£9.3 million).

NZ announces first TAB board appointments

New Zealand Racing Minister Grant Robertson has announced a new board for TAB NZ, with businessman Mark Stewart named as chairman. 
Tabcorp, betmakers

Lotteries and Keno key value drivers for Tabcorp: J.P. Morgan

Tabcorp's lotteries and Keno division may be worth between $9.4 billion and $12.4 billion, dwarfing the value of its wagering and media division, which is seen as facing multiple headwinds, according to analysts at J.P. Morgan.
india, racing, sports, betting

Horse racing in India to have online-only audience in July

Off-season horse racing in India is set to go online, as the Hyderabad Race Club (HRC) announced spectators can only tune in for the event online during the last week of July.
New Zealand Racing

New Zealand Racing Integrity Board member criticized for links with industry

New Zealand Racing Minister Grant Robinson has been criticized for his appointment of one of the members of the Racing Integrity Board, who reportedly has links with a trainer known for doping related infractions. 

Earthquake-hit Fukushima Racecourse resumes operations

Fukushima Racecourse, one of the ten racing venues of the Japan Racing Association (JRA) system, has announced that it will be resuming operations in time for its next event launching on July 3.
Tabcorp, betmakers

Betmakers trumps offers for Tabcorp media assets

Australia’s Betmakers has trumped two other offers for Tabcorp’s wagering and media business with an A$4 billion ($3 billion) bid, which it claims will be transformational for both parties.

Betmakers offers to buy Tabcorp for A$4 billion

Betmakers Technology has offered to buy the wagering and media assets of Australia's Tabcorp for A$4 billion, topping a $3.5 billion offer by Entain.

India government eyes changes to gaming GST

The India federal government has set up a panel of state ministers to examine whether changes need to be made regarding how casinos, online gaming and racecourses are levied for GST. 
Philippines, Racing Commission, horse racing

Philippines horse racing expected to grow

The Philippines Racing Commission is expecting the horse racing industry to grow “more than expected” this year, despite ongoing challenges brought on by the covid-19 pandemic. 



Vietnam considering extending locals casino pilot program to 2024

The Vietnam Ministry of Finance is looking to extend its three-year casino pilot program to 2024,  which will continue to allow locals to gamble in the Corona Resort on Phu Quoc island in the south and in a yet to be opened resort in Van Don in the north.

WDTS gets $35m investment from Beach Point

Walker Digital Table Systems has announced a $35 million strategic investment by Beach Point Capital Management, a multi-billion dollar investment manager with a sizable portfolio in the casino gaming industry.

Star says Sydney closure extended, Queensland eases

Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.

iSoftBet introduces Ancients of Korea

iSoftBet, the leading online games supplier and content aggregator, has journeyed to the extraordinary world of the Far-East in its newest hit, Ancients of Korea.