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Racing News

Western Australia passes bill to allow TAB sale

The government of the state of Western Australia has moved a step closer to the long-awaited sale of the state’s TAB betting agency.

1 min read

PMU reshuffles leadership team

French gaming operator PMU has made a double change to its leadership team with the appointment of Emmanuelle Malecaze-Doublet as marketing director and Céline Lelièvre as chief financial officer.

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Ulrik Bengtsson to lead William Hill as new chief executive

London-listed gaming operator William Hill has appointed Ulrik Bengtsson as its new chief executive, replacing Philip Bowcock, who steps down on September 30.

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Veikkaus appoints Regina Sippel as new finance chief

Finland's state-owned gaming operator Veikkaus has appointed Regina Sippel as its new chief financial officer (CFO) and a member of the executive team.

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Churchill Downs

CDI’s Arlington racecourse opts for sports betting over Illinois gaming license

New York-listed Churchill Downs Incorporated (CDI) has confirmed that its racecourse in Illinois will apply for a sports betting license in the state, but has declined to apply for a gaming license.

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PointsBet

PointsBet revenue soars but higher expenses weigh on bottom line

Sydney-listed sportsbook operator PointsBet has reported a 173 increase in revenue to AU$25.6m in its maiden set of results as a public company.

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WatchandWager renews Cal Expo racing license

London-listed racetrack operator and advance deposit wagering (ADW) provider Webis Holdings has secured approval to continue to conduct harness racing at Cal Expo by the California Horse Racing Board.

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Penn National Gaming set for second Indiana sportsbook launch

New York-listed operator Penn National Gaming has confirmed plans to launch a second sportsbook in Indiana at its Hollywood Casino Lawrenceburg venue next week.

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Sweden flag

Swedish regulated gambling market surpasses SEK6bn mark in Q2

Sweden’s regulated betting and gaming market generated net revenue of SEK6.08bn (€567.9m) during the second quarter of 2019.

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Churchill Downs and Rush Street Gaming propose new Illinois casino

Gaming operators Churchill Downs Inc. (CDI) and Rush Street Gaming are proposing to open a new casino in Waukegan, Illinois, under the state’s recently enacted gaming expansion bill.

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Sportsbet brings coverage on NZ racing to Australia

New Zealand’s Racing Industry Transition Agency (RITA) has agreed a deal with Flutter Entertainment’s Sportsbet brand to supply a livestream of New Zealand racing on its digital platforms across Australia.

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Strong first half for GVC as online revenue surpasses £1bn mark

London-listed betting and gaming operator GVC Holdings has reported a 61 per cent increase in net gaming revenue to £1.81bn for the first half of 2019, buoyed the acquisition of Ladbrokes Coral Group in March of last year.

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