Number Crunching - Brentford, Tatts and Kenya

Number Crunching - Brentford, Tatts and Kenya

Wednesday, June 21, 2017 Posted by Sam Cooke
A breakdown of some of the more interesting figures to emerge from the gambling industry in the past seven days.

$60 million - The investment to be made by US Racetrack operator Churchill Downs Incorporated in the redevelopment of its ‘trackside’ training facility in Louisville, Kentucky. The company also seeks to simulcast racing machines to the 85,000 square-foot facility, opening Trackside as a consumer wagering premises. It has already had clearance from the Kentucky Horse Racing Commission and will start work imminently.

$11 billion (AUS) - The value of the Tabcorp Holdings and Tatts Group merger which has just received approval by the Australian Competition Tribunal (“ACT”). It follows a nine-month regulatory compliance review. Tabcorp governance issued a corporate update detailing the all clear, with full details expected to be published on Thursday 22 June.

66% - The percentage reduction in in-play bet delays across Bwin and Sportingbet betting platforms detailed by FTSE-listed online gambling group GVC Holdings. The automated feeds have eliminated capacity issues that were previously encountered meaning the group can offer bts on more events with exceptional quality. In order to achieve the desired optimisation, GVC has concluded a multi-year data feed and analysis agreement with IMG.

35% - The new blanket industry tax charge on all gambling activities in Kenya. It was originally brought in at 50% but due to backlash from multiple stakeholders, the percentage has already been dropped. The figure is still under criticism as it still represents a monumental rise (current rate - 7.5%), with people criticising the government for arguably not even undertaking an industry review.

13,000 - The capacity of Griffin Park, home of Brentford FC, who LeoVegas have just signed a two year agreement with. The agreement will see LeoVegas Group AB become the official shirt sponsor and the title sponsor of the West London club. Starting in the upcoming season, LeoVegas will promote both its online casino business and sportsbook on the club's home and away shirts.

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