Irish racehorse and stud rights magnet John (JP) McManus is seeking to $5.2 million from the US government, claiming that gambling winnings of $17.5 million were wrongly taxed. McManus one of Ireland’s richest businessmen (ranked 12th richest Irishman according to the Sunday Times), has filed a federal claim with US courts, seeking to recover the money on gambling winnings made …

Playtech has confirmed that it has entered a retail provisions and software agreement with UK high street gaming hall operator Talarius. Talarius operator of high street gaming halls Quicksilver and Adult Gaming Centres’ will migrate its existing retail platform to Playtechs retail enterprise management system. Playtech will be charged with integrating its system across 92 retail outlets operated by Talarius. …

Shareholder and corporate governance adviser PIRC has recommended that Betfair investor’s reject CEO Breon Corcoran’s £11.5 million reward package at next week’s annual general meeting (AGM). PIRC has recommended its actions by stating that Betfair’s improved financial performance under Corcoran leadership, has not been met with appropriate compensation/dividends for its investors. The advisory group continues to detail that Betfair financial …

Focusing of further expansion for the North American igaming and gambling markets, industry developer and software supplier Game Account Network, has announced the opening of its Las Vegas Nevada office. Dedicated to expanding US commercial opportunities, the new Game Account space is over three times larger than the former campus, and is scalable to support the expanding game publishing and …

The Texas Racing Commission (TRC) has reached a legislative deal for funding to be granted by the state for the next three months, allowing for state race and dog tracks to re-open. However racing operations in Texas remain under threat regarding a standoff over long term funding. On Tuesday evening, Governor Dan Patrick approved the Legislative Budget Board to release …

The brevity of the statement for the proposed merger of Betfair and Paddy Power stood in contrast to the magnitude of the deal. Among the questions left unanswered by the announcement of a gaming and betting giant with combined historic revenues of £1.1bn are what it would mean for the Betfair betting exchange business….Scott Longley examines ________________________ Though it is …

The UK Gambling Commission (UKGC) is planning to advise the government to amend the current fees regulations, in order to take account of the significant changes in the population of operators that it regulates and to address identified problems in the current fees structure. The UKGC  is therefore developing its advice to the Department for Culture, Media and Sport. The commission …

Ireland’s gambling authority has issued 27 operator licenses to its newly regulated remote betting market. The licenses have been granted for a period of two years allowing igaming and sports betting provisions to be serviced and marketed to Irish consumers. Ireland’s Tax and Customs Office published its revised list on 1 September. As expected Irish betting operators Paddy Power, Boylesports …

Volunteers from across the gambling industry have trekked the Great Wall of China to raise £46,608 for the Responsible Gambling Trust (RGT). The trek was the third of RGT’s annual fundraising expeditions which have raised more than £170,000 to help minimise gambling-related harm in Britain. 28 trekkers from the Bingo Association, Coronet Bingo Club, Coral Racing, Genting UK, Global Draw …

SIS, supplier of products and services to the retail and online betting markets, has committed to a further three years of Lambourn Trainers Association sponsorship. Demonstrating SIS’ long-term commitment to horseracing, the sponsorship can provide a monetary lifeline for racehorse owners. It will continue to make it possible for LTA members to claim back VAT on their racing activities until …