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Kentucky lawmaker begins push for legal betting, fantasy and poker
February 24, 2022

Kentucky lawmaker begins push for legal betting, fantasy and poker

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A bill to legalise sports betting, fantasy sports and online poker in Kentucky has been introduced to the state's Senate.

Senate Bill 213, authored by Senator David Yates, has been referred to the Committee on Committees, and it outlines the operation of online and in-person sports wagering, fantasy contests and online poker.

Sports betting licencees will be subject to a 9.75% tax rate on adjusted gross revenue from retail bets, while online bets will be taxed at 14.25%.

Wagering will only be permitted in the state at licensed racetracks, professional sports venues or on a mobile app, for which in-person registration will be mandatory.

This registration requirement will then lift from 2024, when players aged 18 and above will be able to download an app anywhere.

Tracks and venues are only allowed to partner with one provider at a time, using a format available in both a retail and online capacity.

For fantasy sports operators, the registration fee has been set at $5,000,..

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Strong lottery showing helps Tabcorp revenue grow 2.2% in H1
February 17, 2022

Strong lottery showing helps Tabcorp revenue grow 2.2% in H1

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Australia’s Tabcorp Holdings reported an increase in revenue for the six months ended 31 December 2021, with its lottery division the standout performer ahead of its demerger from the group.

For the first half of the operator’s financial year, revenue was up 2.2% year-on-year to AU$2.93bn (£1.55bn/€1.86bn/$2.11bn).

The largest contributor to the group total was the Lotteries and Keno division, comprising The Lott and Keno brands. It saw revenue increase 10.9% to AU$1.78bn in spite of keno venues being impacted by Covid-19 trading restrictions. While keno revenue was down 9.8% to AU$119.0m, lottery was up 12.7% to AU$1.67bn across retail and digital channels.

A highly visible retail network – comprising newsagents, petrol stations, kiosks and pharmacies – helped turnover grow 5%, while digital’s share of lottery turnover was up from 32.1% in the prior year to 36.7%.

Game development helped keep jackpot games and Saturday Lotto turnover growing. However, other titles, such as scra..

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Zebet becomes latest operator to secure Dutch licence
February 17, 2022

Zebet becomes latest operator to secure Dutch licence

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Dutch regulator de Kansspelautoriteit (KSA) has granted an online gambling licence to a 12th operator – Zebetting and Gaming, which operates the Zebet brand.

Zebetting and Gaming will be permitted to offer bets on sports and horse racing at the Zebet.nl and Zeturf.nl websites.

It becomes only the 12th operator to be permitted to launch online in the Netherlands. When the Dutch online market opened on 1 October – after a number of delays – only ten operators were permitted to launch.

These initial licensees included Bet365, Tombola, Play North, Dutch land-based operator Holland Casino and state lottery Nederlandse Loterij with its Toto Online brand.

The Janshen Hahnraths Group with FPO Nederland, Italy-based Betent, Belgian brand Bingoal, NSUS Malta, which runs the GGPoker.eu brand and sports media and betting business LiveScore Malta also secured licences.

Soon after the market launch, JOI Gaming, a division of Dutch land-based casino operator JVH Gaming & Entertainment Group, be..

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BetMakers extends with New Jersey’s Monmouth Park and NJTHA
January 24, 2022

BetMakers extends with New Jersey’s Monmouth Park and NJTHA

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BetMakers Technology Group has extended its fixed-odds and data distribution deal with Darby Development, operator of New Jersey’s Monmouth Park racetrack, and the New Jersey Thoroughbred Horseman Association (NJTHA).

The agreement, signed via BetMakers’ BetMakers DNA Pty subsidiary, comes in the wake of New Jersey legalizing fixed-odds betting on racing.

It will extend BetMakers’ exclusive rights for delivering and managing fixed-odds betting on thoroughbred horse racing into New Jersey from the initial period of 10 years to a longer term of 15 years.

Global Racing Network (GRN), the trading name of the subsidiary, will now become the exclusive representative of the NJTHA to enter into new relationships related to fixed-odds wagering on thoroughbred racing in New Jersey.

Read the full story on iGB North America.

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