Sports-focused prediction market Novig has become the latest company to receive a CFTC licence in the United States, as the challenge to fixed-odds bookmaking continues to grow.
By legislative necessity, racing bodies and state governments are tied at the hip. So what does the likelihood of a more turbulent political environment mean for the thoroughbred industry? Events in Queensland and Tasmania give us a clue, says Bren O’Brien.
Fresh from seeing off two Australian sprinters in the King Charles III Stakes at Royal Ascot, Mission Central could be set to tackle Australia’s richest race in October.
Asfoora and Overpass contest Tuesday’s Group 1 feature at Royal Ascot, but Australian punters won’t be able to back them either via World Pool or the local tote.
Already dealing with future funding uncertainty, Tasmania’s racing industry must now confront the fallout of the resignation of the state’s racing minister Jane Howlett.
After a week where the fate of the famous Shergar yet again hit the headlines, the legacy of a more fortunate kidnappee, Fanfreluche, continued to build as Tron Bolt became the eighth Australian Group 1-winning maternal descendant of the champion Canadian mare.