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ONLINE BETTING GOOD FOR CHURCHILL DOWNS
Friday, October 28, 2011 : ONLINE BETTING GOOD FOR CHURCHILL DOWNS
Online arm offsets decline in racing revenues
US racetrack owner Churchill Downs Incorporated's (CDI) online wagering arm Twin Spires.com contributed well towards the company's Q3/2010 results this week.
Twin Spires.com experienced a 4.2 percent increase in wagering compared to the same period in 2010, attributable to a growth in customers and an increase in average-daily wagering through the platform.
EBITDA from CDI’s Online business grew $4.0 million compared to Q3/2010, due to an increase of $2.2 million in pari-mutuel revenue as well as the impact of charges related to the Youbet.com integration that were recorded during the third quarter of 2010.
Robert Evans, chairman and chief executive officer, CDI said: “Once again, the decline in net revenues and EBITDA in our Racing Operations was more than offset by significant gains in our Online and Gaming businesses.”
Gambling News :
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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