Thursday, June 24, 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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China flag

China sees 914 “surrender” for cross border gambling

Chinese media reports that 914 people have voluntarily surrendered to the authorities for their involvement in cross border gambling.
resorts world las vegas

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.