Tabcorp Holdings will write down its wagering and media business by at least AUD $1 billion (€605m) as a result of COVID-19 shutdowns and ‘the possible acceleration of retail contraction’. The company made its statement in a filing to the ASX Exchange, in which it revealed that it had undertaken a ‘review of assets’ in which it expects to incur …

Betway has secured a sponsorship extension with CD Leganés which will see the gambling operator act as the main sponsor for the team during the upcoming season. The agreement, which was initially signed in 2018, comes at a time when the Spanish Ministry of Consumer Affairs is considering proposals which will toughen up regulations on betting companies, including restrictions to …

Casinos in England are facing further delays in reopening their doors after Prime Minister Boris Johnson revealed that the government will ‘squeeze that brake pedal’ in slowing down the spread of COVID-19. A number of venues, including casinos, were due to reopen on 1 August as the country began to ease restrictions. However, following a spike in cases across Greater …

The Betting and Gaming Council (BGC) has welcomed the decision made by the Scottish Government to reopen casinos and bingo halls from 24 August. First Minister Nicola Sturgeon announced the latest easing of the country’s coronavirus lockdown in a statement to the Scottish Parliament, confirming that betting shops will be permitted to switch their gaming machines back on from the …

The Horserace Betting Levy Board (HBLB) has confirmed that it will make a ‘substantial increase’ in its prize money for the remainder of the year, with allocations due to rise by 50%. HBLB has been spending around 25% more than usual on prize money since 1st June but from 1st September, for the following four months, this will increase even …

Olympic Entertainment Group AS (OEG) has confirmed that its flagship betting brand Olybet will become the official betting partner of the National Basketball Association (NBA) across Estonia, Latvia, Lithuania and Slovakia. The partnership will be promoted across more than 100 casino and retail locations in the region and on OlyBet’s and the NBA’s social and digital assets. In addition, OEG …

In line with the country’s new 2020 Racing Industry Act, New Zealand’s Racing Industry Transition Agency (RITA) will complete its transition to become TAB New Zealand (TAB NZ) this weekend. It marks the end of a 13-month transition period, with TAB NZ due to have a sole focus on its customers, maximising profits for the racing industry and returns for …

Free-to-play sports-game provider SportCaller has continued to grow its presence in the US market after entering into a new partnership with Betfred USA Sports. Capitalising on Betfred USA Sports’ partnership with the Denver Broncos, SportCaller will launch an weekly free-to-play series whereby players can sign up for free and ‘have the chance to compete for bragging rights and win up …