Asia

HKJC appoints Raymond Tam Chi-Yuen as Corporate Affairs Director

The Hong Kong Jockey Club (HKJC) has confirmed the appointment of Raymond Tam Chi-Yuen as Executive Director of Corporate Affairs. The former Minister of Hong Kong for mainland China is expected to join the legacy racing operator on 15 August, taking leadership of HKJC corporate communications, governmental stakeholder guidance and wider corporate affairs. HKJC further details that Chi-Yuen will work …

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SBOBET and Borussia Dortmund deal “a huge step” for Asian fans

SBOBET has agreed to become Borussia Dortmund’s official betting partner in Asia, a deal described by the Head of the Ruhr giants’ Asia office as “a huge step” that will help the club get “even closer” to its Asian fans.  In a landmark deal, the Celton Manx-operated SBOBET and BVB‘s partnership will kickoff at the start of the 2018-19 Bundesliga …

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Sportradar expands Asia HQ in Singapore

Multinational sports data and media rights firm Sportradar has moved to expand its Asian operations, opening a new 2,800-sqft office in the heart of Singapore. The Singapore office will support a number of new Asian partnerships secured by the technology group in 2017 and 2018, which include: the Asian Football Confederation (AFC), the Philippines Basketball League (PBA), Liga Indonesia, the …

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Betting on the subcontinent: Will India legalise gambling?

India - Copyright: stillfx / 123RF Stock Photo

Earlier this month, the Law Commission of India published a 145-page report that recommended the licensing and regulating of gambling in the vast South Asian nation, as a way of curbing the rise of online betting activity. We caught up with two of the sports betting world’s most respected legal figures, Giulio Coraggio and Vincenzo Giuffre of DLA Piper, to find …

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Hong Kong Jockey Club sees turnover hit new heights

Zac Purton sealed the Hong Kong jockeys’ title on Sunday, on a day that saw turnover rise to £186.4 million (HK$1.938 million), the highest ever for an 11-race card, while commingling for the day set a record at £32.2 million (HK$335 million). Turnover for the 2017-18 season of £11.9 billion (HK$124.2 billion) represents a 5.8% increase year-on-year, while the total …

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Suspicious betting report raises lower level football concerns

Suspicious betting - Copyright: tadamichi / 123RF Stock Photo

Lower level matches and friendlies are more susceptible to suspicious betting. That’s according to Perform Group, who teamed up with integrity partners Starlizard and TXODDS to produce an “unbiased” and “non-sensational” snapshot of suspicious betting patterns in football. Jake Marsh, Head of Integrity at Perform Group, said the joint report was designed to provide intelligence and analysis to football’s governing …

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ESSA welcomes report recommending Indian gambling reform

India - Copyright: stillfx / 123RF Stock Photo

Sports betting integrity body the ESSA has welcomed a report that recommends licensing and regulating gambling in India. The 145-page report, published by the Law Commission of India, concluded by saying that “there could always be an option to have a relook at the earlier approach of a complete ban”, due to the rise in online gambling making it far …

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Tough Asia backdrop sees Playtech issue new profit warning

FTSE250 gambling technology group Playtech Plc has today issued a corporate profit warning, detailing continued Asian market woes. Issuing its second Asia related profit warning over the past year, Playtech governance details a continued slowdown of its Asian market operations and services. “As previously reported, average daily revenue in Asia continues to be impacted by an increasingly competitive backdrop. Towards the end …

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Bundesliga clubs secure betting and gaming sponsorships deals

Copyright: alphaspirit / 123RF Stock Photo

It has been a busy close season for German football, with a trio of Bundesliga clubs all securing fresh sponsorships, or renewals, with a number of online sports betting and gaming firms. VfB Stuttgart is one such example having agreed a deal with sports betting providers Betano, who become a premier partner of the club, in a deal which will …

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Mutuel Benefits! HKJC & Totepool to deliver ‘World Pool’ for Royal Ascot 2019

Forming a strategic partnership, The Hong Kong Jockey Club (HKJC), Totepool and Ascot Racecourse will move to launch ‘The Ascot World Pool’ product for Royal Ascot 2019. The three-way partnership will see the development of a new pari-mutuels product for the UK and Asian markets furthering the international appeal of Royal Ascot’s festival week. Maximising wagering liquidity, The Ascot World …

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