Thursday, June 24, 2021

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.
rummy-promo

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. 

HKJC pushes on with plans to develop China horse racing

The Hong Kong Jockey Club has unveiled a HK$4 billion investment strategy to develop horse racing in China after signing an agreement with the Guangzhou Municipal Government to expand its Conghua facility. 
Kasamatsu Racecourse

Central Japan prefecture grapples with jockey betting scandal

The central Japan prefecture of Gifu has been grappling with a scandal involving jockeys and trainers as who have been found to be engaging in betting on horse races.
japan, horse racing, animal cruelty

Japan draft horse racing faces animal cruelty accusations

Japan’s unique Banei Horse Racing (draft horse racing) in Obihiro, Hokkaido, is under the cloud of animal cruelty accusations after several videos of jockeys kicking horses in the face were distributed on the internet.
Bicycle racing shares in Japan’s online gambling boom

Bicycle racing shares in Japan’s online gambling boom

Japan’s Keirin (bicycle racing) has not been left behind in the nation’s recent online wagering boom. While revenues have been advancing slowly in recent years, in 2020 overall ticket sales jumped to just under JPY750 billion (US$6.9 billion), a 13.6% year-on-year increase.
Japan, race betting, horse betting

Japan off-track betting venues suspended over Covid emergency

The new state of emergency declarations for four urban prefectures in Japan is hitting the horse racing associations in various ways, including the running of races without spectators and the suspension of business at off-track betting facilities.
Online betting boosts Japan’s local horse racing

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...

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Studio City waterpark, Macau

MGTO confident new attractions to pull in visitors

The Macau Government Tourism Office (MGTO) is confident that new attractions in the city will help pull in about 30,000 Mainland tourists a day over the summer months.
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Resorts World Las Vegas opens Thurs, fake reviews removed

Resorts World Las Vegas, which will become the first from the ground up resort to open in Las Vegas in more than a decade on Thursday, found itself the subject of 144 fake Google reviews. 
The 13 Hotel

South Shore unit that owns The 13 applies for liquidation

South Shore Holdings said the Macau unit that owns indebted luxury hotel, The 13, has applied for voluntary liquidation. 

AAEC’s initial Macau bid went beyond tender scope, court hears

The initial bid for a Macau casino license submitted by Las Vegas Sands' former partner contained a proposal for a bank and went beyond what was desired in the tender, a witness told a court on Wednesday.