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US business news sources have reported that the governance of Caesars Entertainment Corporation (CEC) are closing in on a final resolution with senior creditors relating to the $18 billion debt restructure of its ‘Caesars Entertainment Operating Company’ (CEOC).   90% of Caesars creditors are reported to have accepted terms relating to the CEOC debt reorganisation.  Furthermore, debt stakeholders have chosen …

In December WatchandWager received a licence approval from the Kentucky Horse Racing Commission. This means the company commenced taking live registrations, deposits and wagering from residents of the State from 14th December. The licence comes conditional on a $100,000 (£81,000) Bond being lodged with the Commission and this is expected to be in place early in this month. Kentucky is known as …

A set of punter-friendly football results over the Christmas and New Year period will have hurt the bookies at a crucial period in their financial years, according to analysis from Cenkos. All the leading Premier League teams won on Boxing Day including Arsenal, Manchester United, Manchester City and Chelsea, the current league leaders. Liverpool subsequently won the following day and …

The government has launched a campaign to encourage the public to return round £1 coins after it was announced that the new 12-sided £1 coin will enter circulation on March 28. The Treasury, which estimates that £1 coins’ account for almost a third of £1.3 billion of coins stored in saving jars across the UK, has confirmed that the old-style …

Kevin Pietersen has admitted that he is not surprised by Cricket Australia’s (CA) claim that its emerging players are being targeted by corrupt foreign bookmakers via social media. CA’s Head of Integrity Iain Roy confirmed that players on the verge of squads for the national team and Big Bash League (BBL) are being targeted via tools such as Twitter, Instagram and …

Midfielder Joey Barton has been charged by the FA for misconduct in relation to betting’ with the allegation that the Englishman placed over 1200 bets in the past decade. This is a familiar territory for Barton as it was only in November that the former Rangers man was charged by the Scottish FA for breaching its betting rules. In this instance …

The Head of Integrity for Cricket Australia has confirmed that foreign bookmakers are approaching emerging Australian cricketers on social media, seeking information on squads and playing conditions. Iain Roy confirmed that players on the verge of making it to national squads and the Big Bash League (BBL) are being targeted by ‘pitch-siders’ via tools such as Twitter, Instagram and Facebook. Roy …

William Hill has agreed a one-year partnership with ITV to become the programme sponsors of the broadcaster’s new racing coverage. The bookmaker will sponsor almost 100 days of live racing across the main channel and ITV4, in addition to a magazine preview programme on ITV4 featuring bespoke William Hill idents. ITV’s racing coverage will be led by the former Sky …

John Heaton, Chairman of Scotbet, has called upon the Scottish government to ‘strike a balance that respects the right of punters to spend their leisure time and money as they choose, while protecting the small number who get into difficulty’. Writing a column in The Scotsman, he cited the perceived problem of gambling addiction as a major reason for the …

William Hill has called on the British Horseracing Association (BHA) to refund bookmakers after a stewards mistake at Lingfield yesterday left them out of pocket. A foggy meeting saw a photo finish in the 2.55 for third place between the 20/1 Elementary and the 7/1 Sun Angel, with Elementary declared as third. However an inquiry at the end of the …