Monday, August 19, 2019
Australian horse racing

NSW and Victoria stage turf war in Australian racing

Australian racing is in the midst of one of the biggest changes in its long history as the nation's two biggest states – New South Wales and Victoria – wage what the media have dubbed a "turf war" and behind which lies two different approaches to the business of betting.
Tabcorp

Tabcorp FY revenue up 8.7 percent on lottery/keno

Tabcorp posted an 8.7 percent increase in revenue in the first full year after combining with Tatts Group, with a strong contribution from its lottery and keno division.

Gamblers bear brunt of POCT: JP Morgan

Higher costs associated with Australia’s Point of Consumption Tax (POCT) has ultimately been passed over to gamblers, according to a note from JP Morgan...

Tabcorp receives legal claim from Racing Queensland

Tabcorp Holdings and its UBET Qld unit have received a statement of claim from Racing Queensland related to the state’s new point of consumption tax (POC).

JRA suspends 156 racehorses over banned drug

The Japan Racing Association (JRA) announced this weekend that 156 of its racehorses were excluded from their scheduled races after it was found that...

Steroids scandal doesn’t stop Iwate Keiba’s financial improvement

Despite the unsolved steroids scandal that caused intermittent race suspensions and embarrassed the organization in front of the nation, the Iwate Prefectural Horse Racing Association (Iwate Keiba) recorded its best financial results in fourteen years in FY2018.

SIS retains live pictures and data distribution rights in Singapore

SIS (Sports Information Services) has extended its agreement with the Singapore Pools (Private) Limited, as the distributor of live pictures and data from the...

Iwate Racing resumes with steroids mystery unsolved

Despite five cases of steroids detection in its racehorses last year, and the source of the scandal still unrevealed, the Iwate Prefectural Horse Racing...

National Tax Agency warns public to report gambling profits

With the beginning of the national income tax filing season, the National Tax Agency is warning the public that it has a duty to...

Activists call for horse racing ban on welfare concerns

New Zealand’s horse racing industry, which is already facing major challenges in the form of a government overhaul, has now come under threat from activists who are calling for a ban on both wagering and racing itself.

TRENDING ARTICLES

Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.