Betting

The LA County Department of Health temporarily suspended racing at Santa Anita on Friday ahead of the day’s first scheduled race.  The TOC, in conjunction with Stronach Group and the California Thoroughbred Trainers, states: “The revenue generated from continued live racing at Santa Anita is critical for the thoroughbred ecosystem to keep these backstretch workers […]

Does esports remain completely unaffected by the impact of coronavirus, or has it also been limited in some way? It’s no secret that the COVID-19 outbreak is a real challenge for both the sports and betting industries. The makeup of esports, however, means that rather than suspending action for the foreseeable future, competition organisers can move

The operator’s results from January to March were largely unaffected by the coronavirus pandemic, although the impact of the COVID-19 outbreak should take a greater hold on results from April and beyond. For instance, daily average revenue in Q2 2020 until 16 April was just 0% (2% organic) higher in year-on-year terms. For Q1, casino

The updated RCF is on predominantly the same terms as the former agreement except for a revised covenant limit. Through the terms of the new RCF, the covenant of net debt/EBITDA will be measured on a trailing 12-month pre IFRS-16 basis only if the facility is drawn by more than 35% at the end of

Speaking on an SBC panel last week, Interwetten CEO Dominik Beier echoed the opinions of other panellists when he said the vertical was one of the “biggest surprises and winners in this crisis.” As a result of the lack of sports, Beier said the vertical now represented almost half of Interwetten’s gross gaming revenue; a

With Sportradar leading the broadcast distribution, 12 channels around the world have confirmed they will be showing live K League matches. German based channel Sportdigital Fussball will air matches in Germany, Austria and Switzerland, while other countries to show coverage include China, India, Hong Kong, Croatia, Serbia and Montengro. Sportradar signed an exclusive partnership with

Speaking on a panel during the SBC Digital Summit, Dobbin (pictured) explained how esports had blossomed following a difficult period of education for traditional sports bettors. “There was an education process first of all,” he said. “There was a lot of flooding of customer support originally about how they can end matches so quickly etc.

However, this is mainly boosted by the performance of Stars Group, with the pro forma results showing a 92% rise in Stars Group revenue. Paddy Power Betfair revenue was down 54% (-41% online and -100% in retail), and Sky Betting and Gaming was down 28%. Revenue in Australia did grow 56%, with US revenue also

The affected staff was transferred to new positions, and the remaining bettors who still utilised the tele-service were urged to contact the company to transfer their accounts and data to the digital space. Telephone betting makes up a very small percentage of revenue even for companies that still maintain the service. GVC Holdings’ brand still

All of the operator’s 2,445 shops in England will reopen their doors on the 15 June, while the remaining 3,000 shops will open at a later date as lockdowns are eased. As part of its plan to reopen, GVC has outlined a number of health and safety measures to ensure the safety of customers and