Officially closing its 2016/17 racing season, The Hong Kong Jockey Club (HKGC) has reported record breaking turnover of HKD 11.7 billion ($15.6 billion), up 11% on season 2015/16 performance. Updating stakeholders, HKJC reverses a 2% decline in wagering on Hong Kong races witnessed from the 2014/15 racing season to 2015/16 Detailing performance drivers, HKJC governance notes that its season turnover had …

In partnership with SportAD, Resorts Digital Gaming, the online arm of Resorts Hotel Casino has announced the launch of FastPick.com, the first licensed, real-money fantasy sports game for the US gambling industry. The FastPick fantasy sports product has been designed to be a ‘fair and sensible’ alternative to current DFS market offerings. Developed under the premise of creating ‘DFS games …

South London Premier League football club Crystal Palace FC, continues to expand its commercial presence within Asian markets announcing its first ever ‘shirt sleeve’ sponsorship with Chinese football app Dongqiudi. Starting this 2017/18 EPL season, the Dongqiudi logo will appear on the ‘Eagles’ home and away football jerseys, featuring on the left sleeve. Crystal Palace management announced the new sponsorship, …

Kenyan sports betting operator SportPesa has expanded its European profile, entering the Italian betting market by acquiring a majority shareholding in RCS Gaming. The deal sees SportPesa governance acquire a 75% stake in RCS Gaming, the betting/gaming arm of European media giant RCS Media Group which operates popular media properties La Gazzetta dello Sport, Marca, El Mundo and La Corriere. …

At last week’s iGaming Super Show, Guy Harding Head of Commercial for Oddschecker gave an extensive presentation on the issue of price and margin controls and their impacts on a bookmaker’s bottom-line. Harding refers to the dynamic as the ‘overround erosion’, detailing the imbalance between customer offers/incentives and the impact they have on operators final margin. Put simply ‘overround’ is …

Malta-based sportsbook and gaming software company Sirplay has extended its Nigerian market presence by signing a platform partnership with ZenithBet Limited. Having entered the Nigerian market over five years ago, Sirplay has provided its betting software to more than 40 bookmakers across the country. ZenithBet is a Nigerian operator licensed and regulated by the Lagos State Lottery Board, as well …

As Parliament heads towards its summer recess (20 July – 5 September), rumours swirl of a leadership contest for the divided and embattled Conservative Party. A cruel summer for PM Theresa May, who has made little to no progress on her Brexit mandate, has seen UK media report that Brexit secretary David Davis and foreign secretary Boris Johnson are seeking …

Oslo-listed Gaming Innovation Group (GIG) has expanded its affiliate network by acquiring Scandinavian media owner Stk Marketing Ltd for a total consideration of NOK 240 million (€26 million). Updating investors, GIG governance stated that the acquisition will make GIG services the outright leader in Nordic industry player acquisition. The acquisition of Stk Marketing assets is expected to generate + €7 …

Updating the market, international gambling and lottery systems provider IGT Group Plc has confirmed that it has secured a three-year extension to its existing services contract with the New York Lottery. The agreement will see the New York Lottery extend its existing provisions with IGT services adding new terminals, technology portals and multimedia enhancements. The New York Lottery has been …

  Ahead of the start of a new football season this August, the UK Gambling Commission (UKGC) has issued an industry note warning fantasy football operators to ensure that their leagues, prizes and promotions are in accordance with UK gambling laws. The risk for those organising fantasy football leagues is that it could require a pool licence from the Gambling Commission, as …