Racing News


Sportech engages with Standard General with view to possible sale

New York-based investment firm Standard General has been set a two-week deadline to decide whether to make a formal offer to acquire London-listed Sportech.

Standard General has made a number of approaches to the board of Sportech in recent months, including a 28.5 pence per share cash offer on 28 October, [...]

1 min read

BetMakers eyes global expansion with Sportech Tote acquisition

Sydney-listed gaming technology supplier BetMakers has agreed a deal to acquire Sportech’s Global Tote business for AUD$56.2m (£30.9m).

BetMakers said that the acquisition will establish the company as a global leader in B2B wagering and data technology for racing, allowing it to expand its global footprint and accelerate growth in the [...]

1 min read
Anthony Ingham HKJC

HKJC brings in former W Hotels executive to lead marketing

The Hong Kong Jockey Club (HKJC) is aiming to enhance its marketing activities under the leadership of Anthony Ingham, who assumes the role of executive director, membership, strategic marketing and branding on January 1.

Ingham joins the operator from Marriott, where he served as global head of the W brand since [...]

1 min read

Tabcorp and New Zealand Racing Board strengthen partnership

Australia’s Tabcorp and the New Zealand Racing Board (NZRB) have agreed a number of wagering and broadcast deals that strengthen their partnership.

The new agreements guarantee the ongoing broadcast of New Zealand racing into Australia through Tabcorp’s Sky Racing network, which will also continue to market New Zealand racing internationally alongside [...]

1 min read

French iGaming market returns to growth in Q3

France’s regulated online betting and gaming market has recovered to a level significantly higher than before the COVID-19 crisis, as gross gaming revenue (GGR) increased by 17 per cent year-on-year to €405m.

After a difficult second quarter period impacted by the cessation of sports competitions, Q3 GGR climbed 25 per cent [...]

1 min read

Nevada gambling revenue slides in October despite record sports handle

Nevada’s regulated gambling market saw total gaming revenue fall by 19.5 per cent to $822.7m in October, despite a record performance in sports betting during the month.

Gaming revenue increased marginally by 0.2 per cent compared to the previous month, marking the state's best monthly revenue performance since June, but was [...]

1 min read

WatchandWager secures California pari-mutuel license extension

London-listed betting and racetrack operator Webis Holding has secured a two-year licence extension for its advanced deposit wagering business WatchandWager.com in California.

The licence renewal by the California Horse Racing Board (CHRB) allows WatchandWager to continue to accept online pari-mutuel wagers from state residents on its range of global racing content.

“We [...]

2 mins read

All-In Diversity Project’s 2nd annual study sees rise in female execs

The All-In Diversity Project (AIDP) has released its second annual study on the betting and gaming sector’s workforce, seeing a boost in female executives but a drop in board representation.

Developed in partnership with the Centre for Diversity Policy Research and Practice at Oxford Brookes University, the All-Index 2019 has been [...]

3 mins read

Sweden survey shows growth in gambling participation

The latest survey into gambling participation in Sweden shows a minor rise in real-money gambling in 2020, marking the first growth in eight years.

The annual survey by Swedish gambling regulator Spelinspektionen and research firm Novus shows that 66 per cent of respondents gambled in the past year, an increase of [...]

1 min read
FanDuel sportsbook

FanDuel makes first racetrack investment with Illinois’ Fairmount Park

Flutter Entertainment-owned FanDuel Group is poised to make a multi-million-dollar investment in Fairmount Park, which will see the Illinois racetrack rebranded as FanDuel Sportsbook and Horse Racing.

FanDuel will work with Fairmount Park owner William Stiritz and Associates to revitalize the iconic 95-year-old racetrack, including significant upgrades to the facility and [...]

2 mins read

UK online gambling market returns to growth in September

The latest data from Britain’s Gambling Commission has revealed that the online gambling market grew to £420m in September, with sports betting boosted by the return of the English Premier League.

After three consecutive months of decline, data collected from licensed online gambling operators covering 80 per cent of the market [...]

1 min read

Sportech sells Connecticut venue; expands in Denmark

London-listed gaming technology supplier and venues operator Sportech has agreed the conditional sale of its Sports Haven bar and grill and sports wagering venue in New Haven, Connecticut.

The sale is subject to due diligence and is expected to complete in the first half of 2021, with anticipated proceeds of $6.75m [...]

1 min read
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