Saturday, May 8, 2021

Bicycle racing shares in Japan’s online gambling boom

Japan’s Keirin (bicycle racing) has not been left behind in the nation’s recent online wagering boom. While revenues have been advancing slowly in recent years, in 2020 overall ticket sales jumped to just under JPY750 billion (US$6.9 billion), a 13.6% year-on-year increase.

Japan off-track betting venues suspended over Covid emergency

The new state of emergency declarations for four urban prefectures in Japan is hitting the horse racing associations in various ways, including the running of races without spectators and the suspension of business at off-track betting facilities.
Online betting boosts Japan’s local horse racing

Online betting boosts Japan’s local horse racing

Revenue figures across Japan show that online betting for local horse racing, perhaps in part driven by the pandemic, are hitting all-time record figures. Japan’s...

Tabcorp rejects offers for media business as too low

Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.

HKJC to offer World Pool on Dubai World Cup meeting

The Hong Kong Jockey Club will offer World Pool betting for the Dubai World Cup meeting (27 March) at Meydan Racecourse.

HKJC adds Derby Day, QIPCO 2000 Guineas to World Pool

The Hong Kong Jockey Club has added the QIPCO 2000 Guineas Day at Newmarket and Derby Day at Epsom Downs as World Pool events this year. 

Macau Jockey Club forced to cancel lucrative Hong Kong simulcast

The Macau Jockey Club (MJC) will miss out on a multimillion dollar payday for the second year running after the cancellation of the Hong Kong simulcast of the Macau Hong Kong Trophy.

Japan motorboat racing bets spiraling upwards

There has been a surge in betting on motorboat races in Japan as more people stay at home amid the novel coronavirus pandemic.

Tabcorp H1 profit falls 7% on Covid impact

Tabcorp said its first half net profit after tax fell 7 percent to A$185 million, while revenue declined 1.5 percent, "primarily due to Covid-19 impacts."
Hong Kong jockey Club

HKJC pins hopes on simulcasts to stem illegal gambling

The Hong Kong Jockey Club said the government’s decision to allow extra simulcast days during the summer racing lull will help curb the illegal gambling that has threatened to undercut its revenue in recent years.

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