Phumelela’s creditors have rejected an offer by Betfred to acquire the South African racing operator, instead opting to accept a business rescue deal from Mary Oppenheimer Daughters (MOD).
DraftKings has signed a multi-year deal to become the official sports betting and daily fantasy partner of Major League Baseball (MLB) team the Chicago Cubs.
The Hong Kong Jockey Club (HKJC) saw its betting handle fall 12% year-on-year for the 2019/20 fiscal year, despite racing remaining strong throughout the coronavirus pandemic.