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Silver gains sports betting support from NBA owners

Having stated his support for opening US sports betting markets and allowing betting wagers on professional sports, NBA Chief Commissioner Adam Silver appears to have gained support on the subject matter from several NBA franchise governance and owners. In a recent interview with online sports portal Bleacher Report Radio, La Lakers President Jeanie Buss stated approval for Adam Silvers pro-stance …

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Macau census records visitor low in March

Macau’s city census has reported a 13.5% decline to 2.37 million in tourist visits to the province this March, recording its lowest figure since September 2012. The Macau census noted a steep decline of 18% to 1.46 million in tourists arriving from mainland China. The poor tourist results for March, had reversed the slight visitor growth witnessed during January and …

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ARC’s Tony Kelly to join Hong Kong Jockey Club

Racecourse owner Arena Racing Company has announced that Managing Director Tony Kelly is set to leave the company at the end of July. Kelly will take up the role of Executive Director Racing Business & Operations with the Hong Kong Jockey Club in the autumn. Kelly joined the company in August 2004 as Group Finance Director of Northern Racing Ltd …

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Gambling industry tycoons feature in Sunday Times Rich List

Billionaire brothers David and Simon Rueben co-owners of Arena Racing UK, have featured as the highest placed Brits in the 2015 Sunday Times Rich List. The Sunday newspaper estimates the brothers to be worth a combined £9.7 billion. The Rueben brothers are reported to have earned an additional £700 million in 2014, through diverse investments in property, digital services and …

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Paddy Power divides opinion with Irish marriage equality campaign

Paddy Power marketing has again caused controversy and split public opinion with the release of its latest multi-content marketing campaign on the Irish referendum on marriage equality. The bookmaker has launched a cross channel campaign via billboard, press and online verticals which depicts two balaclava dressed men embracing following their marriage. The bookmaker has attached the IRA Slogan ‘Tiocfaidh Ár …

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Camelot sees surge of ticket sales through digital channels

Camelot the UK national lottery provider has announced ticket sales of £7.27 billion in 2014/15 financial year, recording an increase in ticket sales of 546 million on the preceding year. Camelot governance highlighted that the surge in ticket sales had been driven by consumers using Camelot’s digital inventory to purchase tickets and additional lottery products. Uptake of its digital lottery …

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Elaine Wynn ousted from Wynn Resorts Board of Directors

Last Friday Wynn Resorts shareholders backed the removal of Elaine P. Wynn, co-founder and former wife of Chief Executive Steve A Wynn from the company’s board of directors. The conformation announced at the Wynn Resorts annual meeting of stockholders last Friday, will likely end Elaine Wynn’s ongoing proxy battle with Wynn Resorts’ governance. Last March Wynn Resorts corporate governance had …

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Boylesports sees surge of bets on Irish General Election call

With the Irish Bank Resolution Corporation’s (IBRC) sale of utilities operator Siteserv to the Denis O’Brien-controlled company Millington currently sending the Irish government into turmoil. Irish independent sports betting operator BoyleSports has  reported a surge of support for there to be a general election before the end of 2015. Initially priced at 10/1, the Irish election call is now 6/1 that there …

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Las Vegas bookmakers – Mayweather vs Pacquiao to reach NFL betting levels

As Las Vegas gears up to host the boxing fight of the decade between Floyd ‘Money’ Mayweather Vs Manny ‘Pac-Man’ Pacquiao on 2 May at the MGM Grand. The city’s licensed sportsbooks have stated that early bet wagering estimates of $50-$60 million may have been somewhat conservative. With less than nine days to go Las Vegas bookmakers have witnessed vast …

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Tax costs & unfavourable January results impact William Hill Q1 2015 performance

Reporting on its opening 2015 quarter (period ending 1 April), William Hill recorded a 19% decline in operating profits of £16 million on 2014 performance, as the operator was impacted by increased tax charges and a set of unfriendly football results. In its trading update William Hill governance noted that the new POC tax charge combined with the additional tax …

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