Horseracing

BOS supports rejection of Swedish horse racing levy

The Swedish Trade Association for Online Gambling, BOS, has supported the Gambling Market Inquiry’s rejection of a potential horse racing levy. A proposal to introduce a five percent betting levy had been seen by horse racing industry figures in Sweden as a means to distribute funds to the sector. However, the Gambling Market Inquiry rejected the proposal in its entirety, a …

Read More »

UK racing reschedules Saturday fixtures in respect of HRH Prince Philip’s funeral

UK racing has rescheduled its forthcoming Saturday’s afternoon fixtures to mark its respect for the funeral of His Royal Highness Prince Philip, the Duke of Edinburgh, who passed away last weekend aged 99.  The British Horseracing Authority (BHA) has confirmed that no racing will take place across the UK between 2:45 pm and 4:15 pm on Saturday 17 April. Yesterday, …

Read More »

Scientific Games’ OpenSports finds more success at Grand National

Scientific Games has broken its records again in 2021, this time at the Grand National at Aintree Racecourse on Saturday, building on the success of its OpenSports platform at the Cheltenham Festival. The Nasdaq registered firm reported over 50 million bets placed through OpenSports, utilised by a range of online and retail operators, with over 19 million bets placed on …

Read More »

Smarkets builds on Cheltenham success at Aintree

Rachael Blackmore was not the only one who set records at the Aintree Grand National this weekend, as Smarkets recorded a 21% increase in betting volume from 2019. A total of £92.8 million was traded on the platform in comparison to the 2019 figure of £76.5 million, and the 2018 earnings of £57.4 million, whilst from Thursday to Saturday over …

Read More »

Katie Walsh says times are changing for racing ahead of Grand National

In two separate marketing releases, UK sports betting operators Betway and Coral spoke to former jockey Katie Walsh and current competitor Tom Scudamore, who each gave a different perspective on the significance of the Grand National. Walsh is one of the most successful women to have ever competed in racing, having achieved over 100 wins including the Irish Grand National, …

Read More »

MansionBet expands reach with US-centred Sky Sports Racing deal

UK online sportsbook MansionBet will now act as sponsor of US coverage on Sky Sports Racing, as part of an expansion of its existing contract with the broadcaster. Under the terms of the renewal, MansionBet will sponsor race day reviews and previews, expanding its viewership to the US audience, as more and more states in the country embrace legal regulated …

Read More »

bet365 heads betslip leaderboard in Oddschecker Cheltenham report

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

Read More »

UK racing’s return will usher a starting prices overhaul 

The Starting Price Regulatory Commission (SPRC) has announced that UK racing fixtures starting prices will be determined using ‘mainly off-course mechanisms‘. The change has been implemented following a number of years under consideration, with the SPRC outlining that racing fixtures needs to better reflect their betting markets as a whole.  Starting prices were last examined in 2015 when on-course betting …

Read More »

Horse racing expresses debt concerns over DCMS relief

The reluctance of many horse racing bodies to take on more debt has led to the sport receiving only half of the £40 million originally earmarked by the Department of Digital, Culture, Media and Sport (DCMS). According to the Racing Post, racetracks have been unwilling to take on more debt due to the financial impacts of the coronavirus pandemic, instead …

Read More »

Horse racing receives financial boost from latest DCMS relief tranche

Horse racing will receive a much needed financial boost as part of the Department of Digital, Culture, Media and Sport’s (DCMS) latest tranche of funding. As a result of the DCMS’ latest round of sports funding, horse racing will receive £21 million in loans, committed to the Horse Betting Levy Board (HBLB). This funding ‘will ensure essential race day integrity …

Read More »