Monday, July 6, 2020

Bangalore Turf Club gains approval for online betting

The Karnataka state government has approved in principle the Bangalore Turf Club’s (BTC) proposal to conduct online betting. Under the initiative the BTC will develop...

Macau Jockey Club loses US$188 million in 2019

The Macau Horse Racing Company, operator of the Macau Jockey Club, has reported MOP1.5 billion (US$188 million) in losses for the year 2019. The enterprise...

Betfair pulls Japan racing after JRA pressure

Betfair Australia said it was pulling the ability to allow bets on Japanese horse racing after pressure from the country’s racing body.

At least 200 to lose racing jobs as country eases restrictions

At least two hundred staff in New Zealand’s off-track betting agency the TAB will lose their jobs due to a sharp downturn in racing...

Racing industry gets $72.5 million in emergency support

New Zealand’s racing industry is getting a major boost from the government with a $72.5 million emergency support package, including $20 million to build...

Singapore converts parts of Kranji racecourse to recovery facilities

The Singapore Turf Club said it’s temporarily converting selected areas of the Singapore Racecourse at Kranji into facilities for recovering foreign workers.
horse racing

UK Tote expands partnership with HKJC

The U.K.’s Tote Group said it has extended its collaboration with the Hong Kong Jockey Club to offer its customers more betting opportunities as race meeting shrivel due to the coronavirus. 
Singapore

Singapore to overhaul gambling regulation

Singapore said it will overhaul its gambling regulation to stay ahead of new technological trends and respond to emerging products, though stressed its overall stance would remain “generally prohibitive.”

NZ TAB requests government bailout

New Zealand’s Totalisator Agency Board, which has a monopoly on off track betting on horses and dogs is in deep financial trouble and is on the verge of collapse – and covid 19 is mostly to blame.

Mumbai horse racing suspended over Covid-19 concerns

The Royal Western India Turf Club in Mumbai cancelled this past Sunday’s scheduled races and have suspended for an undetermined period of time. A press...

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Australia likely to keep borders closed until next year

Australian tourism minister Simon Birmingham on Wednesday said it was “likely the case” that the ban on overseas travel will be extended to 2021,...

Macau SLOT sees 30% profit drop in 2019

Macau SLOT reported a 30 percent drop in profit for 2019 to MOP154.8 million ($19.3 million), according to Macau Business.

Singapore GGR may take years to fully recover: Bernstein

Bernstein Research issued a note on Monday anticipating a slow recovery for Singapore’s casinos once they reopen on July 1, with GGR unlikely to...