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Korea Racing Authority partners with Gwacheon foundation on youth gambling prevention

Deals & M&A

The Korea Racing Authority signed a cooperation agreement with the Gwacheon Youth Foundation to support youth addiction prevention in Gwacheon, South Korea, according to the report. The KRA said the programme would include identifying underage gamblers, counselling, education, workshops and funding for prevention campaigns.

The agreement adds local prevention and counselling programmes around a city that hosts a major horse-racing venue.

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Deals & M&A

France's competition authority approves Banijay's Joa acquisition without conditions

France's competition authority has approved Banijay's planned acquisition of casino operator Joa without conditions. The review, the authority's first of a gambling transaction spanning online and land-based operations, focused mainly on poker and concluded that the deal was unlikely to restrict competition. The authority said its assessment did not account for possible future legalisation of online casino games.

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