Northern California horsemen met with executives from The Stronach Group June 14 and many left with concerns about their future in the region.
Monthly Archives: June 2018
Pinnacle Solution ink B2B eSports deal with Asian BGE
The B2B arm of online bookmaker Pinnacle has inked its first client thanks to the company’s eSports betting experience.
On Thursday, Pinnacle Solution announced it had reached a deal with Asian BGE, part of the AsianLogic family of gambling brands and parent company of Dafabet, Nextbet and Zipang Casino, among others.
The deal calls for Pinnacle Solution to supply its eSports iFrame API to Asian BGE’s gaming brands. The iFrame includes a sportsbook skin, mobile-compatible site and risk management service.
While eSports’ popularity is rising in Western markets, it enjoys a much wider following across Asian markets, making it a welcome alternative to Asian-facing bookmakers’ traditional sports offering.
Online gambling the star of Loto-Quebec’s annual report
The gambling monopoly in the Canadian province of Quebec reported annual online gambling revenue over the C$100m mark for the first time.
On Thursday, Loto-Quebec released its fiscal 2017-18 report, which showed overall revenue of C$3.77b (US$2.88b) in the 12 months ending March 31, 2018. The sum is 3.7% higher than the monopoly generated in its 2016-17 fiscal year, while net profits improved 8.5% to C$1.33b.
Loto-Quebec’s biggest gainer was its online gambling site, EspaceJeux.com. Online revenue improved 37.5% to C$118m, better than the 29.7% growth in the previous fiscal year. Online lottery sales were up 34% to C$53.7m while online casino improved 40.6% to C$64.3m.
By way of comparison, the provincial gambling sites in British Columbia and Ontario reported revenue of C$157.6m and C$58.4m, respectively, in their most recent annual reports.
Filly's Sale Almost Too Good to be True for Smith
The outcome of Larry Smith’s first pinhooking venture was almost too good to be true as a Jimmy Creed filly he bought for $1,200 was sold for $110,000 during the June 14 second session of the Ocala Breeders’ Sales June 2-year-olds in training sale.
World Approval Aims to Get Back on Course in Wise Dan
With his spark reportedly showing back up in the a.m. hours, Live Oak Plantation’s homebred World Approval aims to get back to showcasing his top form June 16 when he heads a field of eight entered for the $200,000 Wise Dan Stakes (G2T).
Tough Field Awaits Oscar Performance in 2018 Debut
When the three-time grade 1 winner makes his 2018 debut June 17 at Belmont Park, a tough group of seven rivals is expected to challenge Oscar Performance in the $300,000 Poker Stakes (G3T) on the Widener Turf.
Cummings to Guide Thoroughbred Idea Foundation
A non-profit organization, TIF was established to create an active forum for the exchange and curation of ideas designed to improve the prospects of the thoroughbred industry and its stakeholders.
Pa. Breeders Donate $300k for Gene Doping Research
Donation supports New Bolton Center research projects.
About 1,000 Fans Arrive for Sports Betting at Monmouth
Gov. Phil Murphy officially launched sports betting in New Jersey June 14 at Monmouth Park when he placed $20 on Germany to capture the World Cup and a $20 future bet on the New Jersey Devils to win the 2019 Stanley Cup.
Triple Crown Winner Justify Returns to Training
Undefeated Triple Crown winner Justify returned to training June 14 at Churchill Downs for the first time following his victory in June 9 Belmont Stakes Presented by NYRA Bets (G1).
New Jersey’s first day of legal wagering; New York betting bill passage doubtful
New Jersey’s legal sports betting market is off and running, while New York’s efforts to join the betting brigade appear to be stuck in the starters’ blocks.
On Thursday morning at 10:30am, New Jersey Gov. Phil Murphy placed the state’s first legal wagers at the William Hill-powered sportsbook at Monmouth Park racetrack. Murphy placed a pair of $20 futures bets on the New Jersey Devils to win the 2019 Stanley Cup and Germany to claim the 2018 FIFA World Cup trophy.
Half an hour later at Atlantic City’s Borgata casino, basketball legend Julius ‘Dr. J’ Erving placed a $5 bet on the Philadelphia Eagles “to repeat” as Super Bowl champions in 2019. State Sen. Stephen Sweeney, a staunch supporter of the state’s seven-year quest for legal wagering, bet $200 on the Greeen Bay Packers hoisting next year’s Lombardi Trophy.
Murphy signed his state’s betting legislation into law on Monday and the Division of Gaming Enforcement (DGE) released its temporary sports betting regulations on Wednesday. Online wagering can theoretically commence by July 12, assuming the DGE can process operators’ applications for transactional waivers by that date.
Amy Sondej Earns First Victory as Trainer
Trainer Amy Sondej scored the first win of her career June 12, when Bosphorus Storm set the pace and won the eighth race at Thistledown by 2 3/4 lengths. The win came with Sondej’s 10th starter. She also has three seconds and a third.
Melco’s Morpheus won’t get any new casino gaming tables
Macau’s casino regulators won’t authorize any new gaming tables at Melco Resorts & Entertainment’s new Morpheus property this year.
MRE’s architecturally striking $1.1b Morpheus tower will have its formal grand opening ceremony on Friday, June 15. But the new addition to MRE’s City of Dreams property won’t receive any new-to-market gaming tables from Macau authorities, at least, not this year.
On Thursday, GGRAsia reported that Macau’s Gaming Inspection and Coordination Bureau (DICJ) had confirmed that it had granted MRE the right to transfer 40 gaming tables from its other properties to Morpheus. But the DICJ said any decision on whether to approve new table allocations to Morpheus won’t happen until 2019, if at all.
The DICJ justified its decision as necessary to ensure the regulator doesn’t exceed its principle of limiting annual table growth to 3% until 2023, one year after the government will have (hopefully) sorted out its casino concession renewal process.
Italy’s gambling crackdown to start with advertising
Italy’s gambling operators are slowly learning that the country’s new leaders aren’t joking about their plans to rein in the industry.
On Thursday, Luigi Di Maio, Italy’s new deputy premier and leader of the Five Star Movement (M5S) party, made several unflattering references to the country’s gaming industry, in particular the thriving online gambling sector.
Last month, Italy’s new coalition government unveiled a platform that included a more than one-third reduction in the number of amusement with prizes (AWP) machines and video lottery terminals (VLT) in retail venues, plus “strong limitations on forms of gambling with repeated bets” and an “absolute ban on [gambling] advertising and sponsorships.”
On Wednesday, Di Maio (pictured) issued a ‘dignity decree’ that, among other things, calls for “the prohibition of gambling advertising.” Speaking with radio station Rtl 102.5, Di Maio said the coalition had a lost list of grievances with the gaming industry but would “start with advertising.”
Michigan House Passes Online Gambling Bill that Includes Sports Betting and Poker
The possibility of playing online poker and other casino games is suddenly a reality for residents of Michigan. Michigan’s House of Representatives voted 68-40 in favor of passing a bill […]
The post Michigan House Passes Online Gambling Bill that Includes Sports Betting and Poker appeared first on .
NBC Sports Plans Extensive Royal Ascot Coverage
NBC Sports presents daily live coverage of the Royal Meeting in Ascot, Berkshire, England including the first-ever NBC broadcast on Saturday, June 23, at 9 a.m. ET.
Churchill Downs Releases Logo for Next Year's Derby
Churchill Downs racetrack today unveiled the official Kentucky Derby 145 logo. Featuring racing Thoroughbreds, the logo brings to life the thrill of the most exciting two minutes in sports.
Churchill Downs Releases Logo for Next Year's Derby
Churchill Downs racetrack today unveiled the official Kentucky Derby 145 logo. Featuring racing Thoroughbreds, the logo brings to life the thrill of the most exciting two minutes in sports.
New Year's Day Colt Yields Large Return for Dodds
During the opening session of the Ocala Breeders’ June 2-year-olds in training sale June 13, a New Year’s Day colt sold by Southern Chase Farm for $205,000 yielded a large return for consignors Greg and Karen Dodd.
Winx Remains Atop the World's Best Racehorse Rankings
2017 Horse of the Year Gun Runner is ranked second, while Triple Crown winner Justify is co-ranked in fourth.