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South African horseracing and tote betting operator Phumelela Gaming and Leisure Limited has reportedly turned down a rescue deal that was to have seen giant British bookmaker Betfred purchase its entire business for approximately . The Lions lost that game to the Washington Redskins in the 1st round of the playoffs.8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited....

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According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer from one of its largest creditors, private equity investor Mary Oppenheimer Daughters, that will involve it receiving just over .According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer from one of its largest creditors, private equity investor Mary Oppenheimer Daughters, that will involve it receiving just over .”The agreement follows BetMGM sports betting partnerships inked in recent weeks with the Denver Broncos, PGA Tour, and NASCAR....

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The crowd size will be quite small compared to the usual event but at least the event is allowing patrons.As the Kentucky Derby is set to take place this weekend, Churchill Downs has released an operations plan revealing how the event will go down amidst the COVID-19 pandemic. The Derby will allow under 23,000 guests to attend, with no general admission provided....

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In a news release, Kevin Flanery, the President of the Churchill Downs Racetrack, commented that reducing the size of the crowd is important to creating a safe environment. The crowd size will be quite small compared to the usual event but at least the event is allowing patrons. Medical best practices and protocols will be implemented and adjustments will be made up to Derby Day as the facility finds ways to improve....

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The traditional standing-room-only tickets are not offered this year.It is the team’s first home opener against the Midwest rival since 1982 when the franchise’s regular season was shortened to 9 games due to the NFL player’s strike, and the team qualified for their first postseason appearance, despite having a losing record, since 1970. Betfred, which is led by billionaire British businessman Fred Done (pictured), had purportedly furthermore earlier offered to supply the besieged operator with a loan worth as much as million that was to be utilized to satisfy its considerable shortfall....