Thursday, June 17, 2021
india, racing, sports, betting

India bottom of the list in betting regulation, U.K. takes top spot: Study

In a major new study, the U.K. tops the league table when it comes to regulated betting markets, with India coming in last in the 20 jurisdictions under the spotlight.

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.

HKJC launches football betting app “GoalX” 

The Hong Kong Jockey Club is pleased to announce the launch of its new “GoalX” mobile app, providing information on football matches, live statistics, betting, live game watching, and a personalized journey in a single application.

Will Japan score a home goal with sports betting regulation?

The prospect of legal sports betting in Japan has created a buzz in the global community, though industry insiders warn that Tokyo will need to do a better job on regulation than it has with casinos if the market is to reach its full multi-billion dollar potential.
FanDuel ex CEO Matt King

FanDuel’s Matt King to step down from CEO role

FanDuel chief executive officer Matt King has announced he will be stepping down from the company, a move which may impact the proposed listing of the company in the U.S.
Michael Maerz, Sportradar

Michael Maerz on virtual sports and going big in Japan [podcast]

Michael Maerz, deputy CEO for Asia Pacific at Sportradar, speaks about the potential for regulated sports betting in Asia and the mounting excitement that Japan could be prepared to legalize, in what may lead to a chain reaction of a lifting of regulatory hurdles.
tabcorp

Apollo Management ups offer for Tabcorp wagering business

Australian wagering giant Tabcorp on Thursday said it has received a revised proposal from Apollo Management to acquire its wagering & media and gaming services businesses for A$4 billion. 
sabong, philippines

DFNN to introduce e-sabong in Philippines 

Philippines-listed gaming provider DFNN Group announced on Thursday it will be introducing e-sabong (online cockfighting) as new gaming content under license from the Philippine Amusement and Gaming Corporation (PAGCOR).
Chicago Cubs-Chang-Yong-Lim

Japan sparks up debate on legalized sports betting

The possibility that Japan might legalize sports betting for popular sports like professional baseball and soccer exploded into the public view on Wednesday with a scoop carried in the Financial Times.

Australia gambling spend rises 0.5% in FY2018/2019, casinos down 4.8%

The total amount spent on gambling in Australia in the fiscal year ending June 2019 rose 0.5 percent to A$25 billion, although casino revenue dropped 4.8 percent.

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Pragmatic Play teams with 32Red to tap U.K. market

Pragmatic Play teams with 32Red to tap U.K. market

Pragmatic Play, a leading content provider to the igaming industry, has partnered with well-established brand 32Red to take its proprietary and third-party slots offering live across the UK market.

LVS Macau court case begins, with $12 billion at stake

A long-delayed court case between a Taiwanese business man and Las Vegas Sands kicked off in Macau on Wednesday, with the plaintiff seeking as much as $12 billion in damages from the operator.

Solid Gaming to distribute Playgon live dealer games in Asia

Content aggregator Solid Gaming has signed a deal to distribute Playgon’s proprietary Live Dealer games and E-table games to their customers on the Asian markets. Solid Gaming’s strategy is to provide a game for every one which is why they work with the best game providers to distribute unique and exclusive content to their partners. 
Uncertainty for Okada Manila is “significant,”

Universal liquidity and cash flow still a risk, despite note issue: Fitch

Universal Entertainment's proposal to tap $140 - $150 million from a note issue will not improve its credit rating due to ongoing uncertainty over its liquidity and cash flow generation, Fitch Ratings said.