Tag Archives: arc

ARC continues financial support for greyhound trainers during COVID-19 shutdown

Arena Racing Company (ARC) has confirmed that it will continue to offer financial support to greyhound trainers based at its five stadia while the sport is suspended. Following the suspension of greyhound racing due to the COVID-19 pandemic, ARC will continue to offer £5 per dog per week to trainers from Belle Vue, Newcastle, Nottingham, Perry Barr and Sunderland from …

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New look ARC revamps executive leadership team

UK racetrack operator Arena Racing Company (ARC) has moved to expand its corporate leadership team by confirming the appointments of Bradley Hunt as Chief Finance Officer (CFO) and Alex Slade as General Counsel. Both executives will serve in new roles within a restructured company, forming part of the new ARC senior management team A seasoned financial lead within the Entertainment …

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Ascot and Chester due to host races from The Silk Series

Ascot and Chester racecourses have agreed to host races from the third series of The Silk Series in 2019, with the first race taking place at Ascot Racecourse this Saturday. The £150,000 series of races for female jockeys aims to promote the achievements of both amateur and professional female jockeys across Britain. Jockeys take part in a series of fifteen …

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£1bn cost of FOBT stake slash to bookmakers and horseracing

Warwick Bartlett and Lorien Pilling from the Global Betting & Gaming Consultancy (GBGC) have been looking at the implications of the reduction in Cat B2 gaming machine maximum stake from £100 to £2.  It doesn’t make pretty reading for retail bookmakers or the sector’s associated stakeholders. From 1 April 2019 the maximum stakes on FOBTs will be drastically reduced to …

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Sportium continues racing revolution with ARC’s ‘European Racing Channel’

Ladbrokes and Grupo Cirsa‘s Spanish sports betting joint-venture Sportium continues its directive on revamping horseracing as a wagering proposition for Spanish market consumers, announcing that it has launched Arena Racing Company’s ‘European Racing Channel’ across its entire retail network. Expanding its existing broadcast agreement with ARC, Sportium’s + 3,000 betting point network will transmit European Racing Channel content, showcasing some +45,000 …

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ARC plans for 1,000 betting shop closures with £3m prize cuts

Arena Racing Company (ARC) is set to be tightening its belts following the Government’s decision to crackdown on Fixed Odds Betting Terminals (FOBTs), announcing a reduction to its prize-money contribution by £3 million in 2019. The racetrack operator told The Racing Post that further reductions in prize money could not be ruled out, and that ARC “simply cannot continue” to maintain its …

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Fortune Bets Nigeria enhances retail engagement with Vermantia live racing channel

Nigerian bookmaker Fortune Bets has enhanced its betting shop retail dynamics fully launching Vermantia’s premium content ‘Ultimate Live Greyhound Channel’. One of Nigeria’s fastest growing bookmakers, Fortune Bets boosts its in-store betting capacity securing comprehensive coverage of more than 40,000 greyhound races per year from countries including the United Kingdom, United States, and Australia. Moving forward, Fortune Bets retail portfolio …

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Britbet unites with Tote to significantly enhance UK pool betting

The Tote consortium and Britbet have reached a £50 million seven-year agreement to significantly elevated pool betting in the UK. The deal which will commence immediately, follows constructive discussions between the Tote consortium, made up of Betfred and Alizeti who are the current owners of the UK Tote, and Britbet, marks a significant landmark in progress for Tote betting within …

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Newcastle Racecourse to receive multi-million pound face-lift

The Arena Racing Company (ARC) has revealed a multi-million pound development scheme for Newcastle Racecourse and High Gosforth Park, following on from the success in similar previous work undertaken. Planning to submit its plans for the next stages of its development to Newcastle City Council in Autumn this year, it is hoped the proposals will boost the international prestige of …

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Big on racing BETDAQ secures stalls sponsorship of ARC racetracks

GVC Holdings betting exchange property BETDAQ will significantly increase its coverage and brand presence within UK racing, confirming that it has agreed to sponsor the starting stalls of nine Arena Racing Company (ARC) UK racecourses in 2018. The marketing deal, which covers up to 1,000 races, will allow BETDAQ’s brand to be shown on starting stalls at any unsponsored flat …

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