Tuesday, January 21, 2020
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Hong Kong racing

Betfair told to cease HK operations

Betfair Australia has been ordered to stop offering bets on Hong Kong racing in a cease and desist order from the Hong Kong Jockey Club. 

Gamblers routinely evade taxes, Board of Audit says

A survey by the Board of Audit found that about 80 percent of big winners in horse racing and bicycle racing fail to report their gambling earnings to the tax authorities.

Singapore betting tax flat in 2017/2018

Singapore raked in $2.7 billion ($1.99 billion) in betting taxes in the 2017/2018 financial year, unchanged from the year earlier.

Horse racing world shaken by steroids scandal

The Iwate Prefectural Horse Racing Association (Iwate Keiba) was forced to suspend all races one day last week after drug tests on some race...

NZ racing shakeup raises industry hackles

Opponents of the sweeping changes proposed for the racing industry in New Zealand are questioning whether the reforms are legally and practically possible.

HKJC tips hat at Royal Ascot to boost revenue

The Hong Kong Jockey Club is shaking up simulcast betting, with the planned introduction of a so-called "world pool" on the U.K.’s five-day Royal Ascot meeting in 2019, bringing together a powerful mix of racing cultures.

HKJC warns about impact of illegal betting

Illegal gambling is growing twice as fast as wagering and about $140 billion is laundered annually though illegal markets, local media reports.

TRENDING ARTICLES

MOF to discuss future of Vietnam gaming industry

Nguyen Minh Tien, Deputy Director-General of the Ministry of Finance in Vietnam has joined the growing line-up of speakers set to speak at the...

Hokkaido’s IR withdrawal might be a deception

On November 29 of last year, Hokkaido Governor Naomichi Suzuki announced that his prefecture would not be participating in the IR race, citing the several years it would take to complete environmental preparations at the Tomakomai site. However, parts of the Japanese media are reporting that, in fact, not only is Hokkaido actually still in the race, but that they are being sized up as one of the three eventual winners.

SG court upholds arbitration ruling, favoring ex Solaire manager

The Singaporean High Court has dismissed a petition filed by Bloomberry Resorts against Global Gaming Philippines, which accused the company of committing fraud and...

iGaming technology spanning east and west

Betconstruct’s concept for the year has been revealed ahead of this year’s ICE London 2020.East&West is the message that Betconstruct would like to deliver...

MAGAZINE ISSUES

Lawrence Ho and James Packer expected to be called to Crown Resorts inquiry

When the witness list for the high-stakes New South Wales inquiry into Crown Resorts’ casino operations is unveiled on Tuesday, the names of both...

Genting Singapore calls extraordinary general meeting on Japan IR bid

The board of directors of Genting Singapore have called an extraordinary general meeting for February 4 to authorize an IR bid in a major...

Abe government expected to delay national IR development schedule

Several major domestic media outlets reported Monday evening that the national IR development schedule will be delayed for an undetermined period of time in...