Thursday, August 11, 2022


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Regulatory red tape damps bookies’ World Cup prospects


Russian bookmakers are hoping for a bonanza from the FIFA World Cup, which will be held in the country less than two months from now, but many fear regulatory hurdles and slow-moving legislation will mean that legal operators will lose out. A complex...

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Ladbrokes and GVC renew talks on $5.2 billion merger


GVC is in detailed talks for a GBP3.9 billion ($5.23 billion) acquisition of Ladbrokes Coral, the two companies said in an announcement to the London

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Bookies embrace online as murky legislative waters clear


Russia’s bookmakers see their future as being online, with some major players closing down traditional betting shops to focus on the interactive sector. This year’s Russia Gaming Week reflected that trend with some bookies saying they had eschewed...

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Bookies seek regulatory easing to reap World Cup rewards


Russia’s bookmakers are looking forward to a bonanza from the 2018 FIFA World Cup, but would like to see regulations eased, in particular with regard to online bets from foreign visitors, to enable them to take full advantage. Sports betting has seen...

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Lack of cooperation hinders efforts to halt match fixing


Regulators, operators and sports bodies need to improve international cooperation if they are effectively to tackle match fixing, which experts say is

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Punters fight “un-Australian” betting practices


Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts. But lobby groups say more needs to be done. While...

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JRA opens door to overseas racing


A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action. It...

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Betway loses big on Leicester win


Betway says Leicester’s win of the U.K. Premier League, coming from a rank outsider position of 2,500/1, is likely to trigger the firm’s biggest e

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Russia’s online industry entangled in regulatory web


Russian bookmakers continue to struggle with a tangled web of regulations aimed at controlling the online market, with a new centralized online payments hub coming under fire for being overly complicated.

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Tabcorp looks to new technology for cutting-edge betting options


Horse racing officials, looking to revitalize the pari-mutuel betting model, are turning to the financial world for technology to enable the development of new and complex bets.Pari-mutuel wagering has long formed the financial backbone of horse racing...

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Australian bookmakers rejoice over 100/1 Melbourne Cup winner


Bookmakers were cheering after the Melbourne Cup was won by 100/1 shot Prince Of Penzance, the longest winner in Australia’s most famous race since

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Australian criminals to be banned from working at bookies


Convicted criminals in Australia will be banned from working for bookmakers after the state government closed a loophole that allowed them to bypass t

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