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Racing News

Britain sees improvement in problem gambling rate as overall participation falls

Gambling participation in Great Britain has fallen to its lowest level in five years according to the latest data from the Gambling Commission.

Overall participation in any gambling activity in the last four weeks fell to 41.6 per cent of respondents in June 2021, compared to 45.1 per cent in June [...]

1 min read
Canada

PointsBet names Scott Vanderwel as first CEO of PointsBet Canada

Sydney-listed online gaming operator PointsBet has appointed Scott Vanderwel as CEO of its newly established Canadian operations.

Vanderwel will join the company on 17 August, having previously served as senior vice president for Rogers Communications, where he oversaw corporate strategy, operational improvement, and digital operations. Prior to his time with Rogers, [...]

3 mins read

New Zealand names first TAB NZ Board after racing reforms

The New Zealand Government has announced the first board of directors of TAB NZ as it works to finalise the operational transition of the organisation.

Four members of the board were recommended to the minister of racing by the selection panel established under the Racing Act, with three nominated by the [...]

4 mins read
Pennsylvania

Pennsylvania gambling regulator appoints new chairwoman

Pennsylvania Governor Tom Wolf has named Commissioner Denise Smyler as chair​woman of the Pennsylvania Gaming Control Board (PGCB).

Smyler previously served as General Counsel of the Commonwealth and was appointed to the PGCB board in 2019.

She takes over as chair from David Barasch, who announced his retirement from public service last [...]

1 min read

British online gambling yield declines to £533m in May

Britain’s Gambling Commission has revealed that gross gambling yield (GGY) from the online sector fell by 5 per cent compared to the previous month to just over £533m in May.

Data from the biggest operators representing 80 per cent of the market shows that total bets increased by 1 per cent [...]

1 min read

HKJC posts record betting turnover in 2020/21 racing season

The Hong Kong Jockey Club (HKJC) has reported record betting turnover of HK$136bn (£12.67bn) following the conclusion of the 2020/21 racing season this week.

Turnover increased by 12 per cent compared to the previous year, marking the first time that turnover has risen above the HK$130bn mark.

The record turnover was [...]

2 mins read
Penn National Gaming

Penn National Gaming set to open third casino and sportsbook in Pennsylvania

New York-listed racing and gaming operator Penn National Gaming will unveil its third land-based casino in Pennsylvania with the opening of Hollywood Casino York next month.

Hollywood Casino York is set to open its doors to the public on Thursday 12 August, featuring a Barstool Sportsbook and capacity for up to [...]

2 mins read
FanDuel

FanDuel names Amy Howe as interim CEO

Flutter Entertainment-owned FanDuel Group has appointed Amy Howe as interim CEO while the company continues to search for a permanent successor to Matt King.

Howe will add the interim CEO duties to her existing role as president, with continued responsibility for leading the company’s core commercial functions across its Sportsbook, Casino, [...]

2 mins read

Singapore opens consultation to amend gambling laws

The Singapore Government has launched a new public consultation to amend the country’s gambling laws and regulations to cover evolving gambling products and the advancements of technology.

The Ministry of Home Affairs, Policy Development Division (MHA) is seeking feedback on proposals to consolidate existing gambling legislation covering both online and physical [...]

1 min read

Ainsworth and Catena Media shares climb high in H1 2021

There were mixed results for industry stakeholders as the combined value of shares in the leading publicly-listed gaming operators and suppliers fell by 1 per cent during the first half of 2021.

After a solid first quarter performance, most of the 50 publicly-listed operators and suppliers which make up the Gaming [...]

1 min read

RMG agrees extended rights deal with British racecourses

Racecourse Media Group will continue to provide audio-visual coverage and data from British horse racing under a five-year extension to its rights licence with British racecourses.

The contract extension covers 35 racecourses for licensed betting office (LBO) rights and 33 racecourses for all other aspects of media rights, including streaming, direct [...]

3 mins read

BGC calls on Government to establish Gambling Ombudsman

Britain's Betting and Gaming Council (BGC) has called on the UK Government to establish a Gambling Ombudsman to deal with customer concerns.

The BGC is proposing a legal requirement for all licensed betting and gaming operators to sign up to the new Gambling Ombudsman, as part of its reform of the [...]

2 mins read
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