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Industry
May 21, 2024
BGC’s Levy Payments to HBLB Increase for the Third Year in a Row
Britain’s Betting and Gaming Council announced that its members are expected to contribute a record £105 million ($133.6 million) in levy payments to the Horserace Betting Levy Board (HBLB) for last year. This figure would mark an increase of £5 million and is notably the third consecutive year of year-on-year increase. For context, the BGC’s […]
Industry
May 17, 2024
Maryland Buys Pimlico Race Course, Sets Out to Renovate the Track
The state of Maryland has agreed to purchase the historic Pimlico Race Course in a $1 deal. As the home of the Preakness Stakes, the Baltimore race track is of crucial importance to the Triple Crown, one of the most highly-anticipated events in the American racing calendar. According to the arrangement, Maryland will run the […]
Sports
May 7, 2024
Kentucky Derby Smashes Expectations with Record-Setting Handle
The 150th running of the Kentucky Derby presented by Woodford Reserve proved to be a historic and record-breaking event as nearly 157,000 horseracing fans gathered at Churchill Downs Racetrack to witness Mystik Dan claim the coveted Garland of Roses. The newly renovated track enhanced the viewer experience and significantly contributed to the record-setting betting handle. […]
Sports
May 6, 2024
Mystik Dan Conquers Churchill Downs’ Refurbished Racetrack
This year’s edition of the Kentucky Derby ushered in a new era for horse racing. According to Churchill Downs, which hosts the derby, the renovated track changed how fans experience the races. For context, Churchill Downs just completed its $200 million renovation. The company started the project almost three years ago and managed to complete […]
Legal
April 26, 2024
Former NZ Trainer Gambled $2M Before Filing for Bankruptcy
Mitchell Kerr, a former harness-racing trainer from New Zealand, has violated the country’s bankruptcy laws by gambling over $1.19 million (converted to USD, current rates), before filing for bankruptcy. This, however, wasn’t Kerr’s only transgression. Kerr used to be a successful trainer with an impressive three-year career. During his time as trainer, he scored 87 […]
Legal
April 19, 2024
Court Rejects Effort to Get Baffert Trainee to Run in the Kentucky Derby
The Jefferson County Circuit Court has rejected thoroughbred owner Amr Zedan’s plea to allow his horse Muth to run in the upcoming Kentucky Derby. To contextualize, Muth is a horse trained by the controversial trainer Bob Baffert who was suspended in 2021. Baffert was suspended after one of the horses he trained, Medina Spirit, tested […]
Industry
April 1, 2024
Macau Bids Farewell to Horse Racing
In a bittersweet farewell, the Macau Jockey Club (MJC) hosted its final horse races on Saturday, 30 March, marking the end of an era in the city’s history and officially closing the chapter on animal racing in Macau. Approximately a thousand racegoers, comprising residents and visitors from Hong Kong and mainland China, gathered to witness […]
Sports
March 25, 2024
BoyleSports Bolsters Irish Grand National Prize Pot
BoyleSports, a prominent name in the betting industry, is amplifying the allure of the BoyleSports Irish Grand National on Easter Monday by enhancing the prize pot for the ‘Best Turned Out’ horse to €1,000 ($1,084). This enhancement marks BoyleSports’ decade-long sponsorship of the esteemed race, which offers a substantial prize pool of €500,000 ($542,000). Horses […]
Business
March 18, 2024
Animal Wellness Group Adds Animal & Equine Welfare Specialists to Team
Animal Wellness Action and the Center for a Humane Economy has unveiled two new hires who will reinforce the group’s efforts on issues impacting animal welfare across America. These include Kevin Chambers who will serve as Oklahoma state director and assistant director of international, and Fred (Freddie) Huston who will become the organization’s director of […]
Industry
March 1, 2024
UK Gambling Commission Investigates Illegal Bookmakers
The debate on the proposed affordability checks in the UK intensified amid the planned reform of the gambling industry in the country. Earlier this week, MPs engaged in a heated discussion on the proposed spending checks and that discussion followed a petition effort led by Jockey Club’s CEO, Nevin Truesdale. The petition gathered more than […]
