Tag Archives: horseracing
UK – Horseracing industry launches petition over affordability checks
Britain’s horseracing industry has launched a petition urging the UK Government to halt planned legislation which would subject bettors who lose as little as £1.37 a day to “intrusive” affordability checks. Proposals for two tiers of checks were set out in April of this year when the Government published its Gambling White Paper. The first…
Malta – XB Net unlocks premium racing content for IZIBET
XB Net has further broadened its international footprint with the announcement of its latest digital distribution rights deal with established Malta-based operator, IZIBET. The agreement offers XB Net’s delivery of live pictures, data and betting services from an unrivalled network of tracks in North America, furnishing IZIBET with a highly flexible programming schedule, supported by…
Brazil – Jockey Clubs permitted to offer horse race betting
The Department of Agriculture, Livestock and Food Supply (MAPA) approved a new National Racing Code (Ordinance MAPA 526/22) allowing jockey clubs to offer horse race betting. Flat events, with or without obstacles and trotting, may or may not be promoted via bets across the country, through Jockey Clubs allowing an increase in the institutions’ revenues….
US – Del Mar horse track opens 2022 with record betting levels
The eagerly anticipated return of word-class Thoroughbred horse racing at Del Mar in Southern California did not disappoint, as record betting and capacity crowds highlighted opening week, which kicked off on Friday, 22 July. Racing fans from around the country and around the world celebrated that Del Mar was back Friday wagering $23.56 million, a record for…
UK – OpenBet powers half a billion sports betting transactions during Cheltenham
OpenBet reaffirmed its position as the leading betting platform provider during the world’s biggest sporting events after the company’s sports content and technology processed half a billion sports betting transactions during last week’s Cheltenham Festival. The four-day Festival is one of the biggest horse racing-based meetings in the National Hunt racing calendar in the United…
US – 1/ST TECHNOLOGY signs totalisator deal with Canterbury Park Racetrack
AmTote International, a product of 1/ST TECHNOLOGY, has announced a new multi-year totalisator services agreement for live racing with Canterbury Park Racetrack. Pending Minnesota Racing Commission approval, Canterbury Park will migrate from its current totalisator provider to AmTote in April 2022, with the provisioning of 1/ST TECHNOLOGY AmTote products and services to Canterbury Park set to commence with immediate effect. The deal…
US – Churchill Downs enjoys a record year
Churchill Downs managed to generate record 2021 net revenue of $1,597.2m, up 52 per cent over the prior year with record 2021 Adjusted EBITDA of $627m, up 119 per cent. Net revenue for 2021 increased $241.8m from the prior year due to a $84.1m increase at Oak Grove as a result of the opening of…
US – Michigan’s horse racing sector given more than $8.1m in taxes in 2021
Michigan’s horse racing industry will benefit from more than $8.1m in taxes collected in 2021 on various forms of betting regulated by the Michigan Gaming Control Board, including internet wagering and simulcast wagering on horse races, internet casino gaming and online sports betting. “Michigan’s horse racing industry has benefited from additional funding to the Michigan…
UK – Racing punters alarmed by affordability checks
Betting and Gaming Council chief executive Michael Dugher has called on the Government to “take heed” of punters after a survey showed high levels of opposition to stringent checks on how much they are allowed to spend. Racing TV asked 2,000 of their members for their views on so-called “affordability” checks that could involve customers…