[vc_row][vc_column][vc_column_text] BHA reveals cost of disciplinary controversy The controversy surrounding the BHA’s disciplinary system which blew up last year reached its final chapter last week when it emerged the case had cost the governing body £425,000. The figure came to light as the BHA published its annual report and accounts for 2016. In 2016 it […]
[vc_row][vc_column][vc_column_text] Arena pulls off game changer in media rights battle Arena Racing Company last week raised the stakes in the battle over of betting shop media rights with the shock news it had swooped to buy Newcastle and Sunderland greyhound stadiums from bookmakers William Hill. The racecourse group snatched the two greyhound tracks from under […]
[vc_row][vc_column][vc_column_text] Regulator taking tough new approach The Gambling Commission’s change to a more hardline approach to regulating the sector was shown again last week after online gambling company 888 Holdings revealed it was the subject of a review by the commission. The move was described by one analyst as being an illustration of the increased […]
[vc_row][vc_column][vc_column_text] Online boost helps Hills to positive start William Hill hailed a positive start to 2017 in a trading update last week, with net revenue in their online division surging by 16 per cent. Hills said there had been growth in wagering and net revenue across all four of their divisions, with group net revenue rising […]
[vc_row][vc_column][vc_column_text] Tough times on high street hit Ladbrokes Coral Tough conditions on the high street have hit Ladbrokes Coral’s estate of betting shops according to the bookmaker’s latest trading update issued last week. The victory of One For Arthur in the Grand National along with punter-friendly football results had also pegged them back. Chief executive […]
[vc_row][vc_column][vc_column_text] UK co-mingling going well says Hong Kong chief Exposure for British Tote punters to the Far East’s second biggest pool-betting market behind Japan has gone better than expected since the launch of co-mingling in November, according to Hong Kong Jockey Club chief executive Winfried Engelbrecht-Bresges. In the same breath, though, he ruled out any direct […]
[vc_row][vc_column][vc_column_text] Levy plans receive European approval BHA chief executive Nick Rust last week spoke of “an exciting future” for both the sport and the betting industry after the European Commission finally endorsed the government’s reforms of the levy system as in line with state-aid rules. The news means one of the final hurdles for implementation […]
[vc_row][vc_column][vc_column_text] Row breaks out over Arc prize-money It has been just like old times in British racing in the last week with Arena Racing Company being criticised by owners and trainers over low prize-money. Arc used to be the bete noire of the Horsemen’s Group in the days of prize-money tariffs but their reputation has […]
[vc_row][vc_column][vc_column_text] Industry Developments: The betting industry is having to play the waiting game on a number of fronts as politicians and regulators work on matters which are likely to have a lasting effect on the sector. Most immediately both bookmakers and racing are waiting for the European Commission to give their approval to the government’s […]
[vc_row][vc_column][vc_column_text]Commingling has really picked up the pace since the British came on board, with last Sunday week’s HK$159.5 million in commingling turnover a new record and the British component of that was HK$108.1 million. Last Sunday’s figure for Sprint Cup-Chairman’s Trophy day was lower but in the same ballpark and still very significant, and it […]
