The "Big Beautiful Bill" promoted by U.S. President Trump recently passed the Senate narrowly, but a tax provision known as the "Gambler's Killer" has sparked huge controversy. The bill could not only severely impact high-stakes gamblers but also affect industries such as American horse racing that
New Zealand's Parliament recently passed an amendment to the "2020 Racing Industry Act," officially granting TAB NZ exclusive rights to operate online sports and racing betting in the country. This transformative move will further solidify TAB's position as the only legal online betting platform in
The 2025 Betfred Derby is set to take place at Epsom Downs, a grand event with over two centuries of history, now experiencing unprecedented global exposure. According to the organizers, this year's 246th Derby will be broadcasted simultaneously by 41 broadcasters to audiences in 170 countries and r
The British Horseracing Authority (BHA) has released the first quarterly racing report of 2025, revealing a mix of positive developments and concerning trends in the sport of horseracing.The report is part of a two-year pilot project for race scheduling aimed at making the sport more attractive to e
Members of the state’s struggling equestrian community say legislation allowing South Carolinians to bet on horse racing through an app on their phone could revive a once-thriving industry.Discussion opened this week in a Senate Judiciary subcommittee on a bipartisan proposal led by Sen. Michael Joh
Letting Gulfstream Park retain its gaming licenses without a live horse-racing mandate delivers economic devastation and no benefit to Florida.We must not compromise an industry that employs more than 33,000 people and maintains hundreds of thousands of acres of green space, particularly throughout
The new prize scale will take effect on Monday, March 17.Argentina.- The Hipódromo de Palermo announced an increase of up to 25 percent in the prize scale, and the bonus for horses finishing between 6th and 10th place will now be AR$150,000 (USD 150). The increase will take effect next Monday, Marc
The author is a third-generation Florida horseman and general manager of Ocala StudFor nearly 70 years, my family has poured everything into Florida’s thoroughbred racing industry — starting with my grandfather, who put Florida-bred horses on the national stage and proved that Kentucky wasn’t the on
The British Horseracing Authority (BHA) has confirmed the death of former Chair Joe Saumarez Smith, who passed away Tuesday at the age of 53. He died at home surrounded by his family. BHA expressed its condolences: “Our thoughts and prayers – and we are sure those of everyone involved in our sport –
Entain Australia’s CEO said new initiatives will be rolled out for members.Australia.- Entain Australia hasdecided to disband its Ladbrokes Racing Club (LRC) programme due to the rising operating costs in thewagering sector. The LRC was launched in 2023 to allow members to experience thoroughbred, g
In various social media platforms, it is common to see Chinese in Australia posting about their winnings in sports betting, particularly enjoying the popular SGP game.This is just the tip of the iceberg of gambling stories in Australia, where the gambling culture seems to be ingrained in their DNA.
Ballesty will assume the role on March 5.New Zealand.- New Zealand Thoroughbred Racing (NZTR), the governing body for thoroughbred horse racing in New Zealand, has announced the appointment of Matt Ballesty as CEO. He will take up the role on March 5.Ballesty is a dual citizen of New Zealand and Aus
The cooperative organization Britbet Racing, composed of 55 British racecourses, announced the extension of its collaboration with the UK Tote Group, aimed at enhancing pool betting services.The renewal agreement will take effect in November 2025 and last until October 2030, building on the existing
A dismal December for U.S. wagering on Thoroughbred horse racing put an exclamation point to the worst year for the industry since 2020, when businesses throughout the country were affected by the COVID-19 pandemic.According to Equibase LLC, the industry’s official database, the month of December sa
India has decided to review the gambling tax hike policy launched in October 2023, reflecting significant changes in the industry since then. Finance Minister Nirmala Sitharaman stated that in 2024, online gambling revenue grew by 412%, reaching 69.09 billion rupees ($823 million). Physical casino r
The Tar Heel State’s progress toward a pari-mutuel wagering launch has stalled.The North Carolina State Lottery Commission unanimously approved a staff recommendation on Wednesday to revisit the adoption of the proposed Subchapter C rules at a later time.During the commission’s final meeting of 2024
