Tuesday, July 13, 2004

betting news in summary

Australia retains status quo on interactive betting and betting exchanges
To the chagrin of the Australian gambling industry, the gaming board has decided to take no action on interactive gambling or - more pertinantly - betting exchanges.

- The aussie racing industry isn't happy
- Racing authorities have accused the Federal Government of having "its head in the sand"
- NSW slams feds' online betting exchanges stance

I bet Betfair is ecstatic
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- BetonSports raises £55 million on AIM

Key points
• Gaming firm offers 39 million shares in IPO
• Market capitalisation of £113.6m beats expectations
• Immediate future ‘will be exciting time for firm’
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The Irish still love their racing - its official

Betting and attendances in Ireland is on the up

Total Attendance 565,982 - up 23,023 - 4.2%
Total Tote Betting €20.2 million Up €2.2 - 12%
Total Bookmaker Betting €84.7 million (On Course) Up €4.3m- 5%

posted by jo @ 10:27 PM   0 comments

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