Tag Archives: Martin Cruddace

UK Racing moves forward on joint approach to reform Levy

UK racing leadership has formed a ‘steering group’ which will present a ‘single set of proposals’ to reform horseracing’s Levy to the government at a critical time for all racing stakeholders. The formation of a new steering group tackling Levy reforms was agreed by the British Horseracing Authority (BHA), Jockey Club and The Horsemen’s Group – representing all levels of …

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UK racing preparing to move behind closed doors

As the COVID-19 outbreak has continued to disrupt the sporting world, the racing industry has ramped up preparations for the sport to be held behind closed doors. Taking place later today, the sport’s tripartite leadership, including racecourses, participants and the British Horseracing Authority (BHA), will discuss an approach recommended by the industry’s COVID-19 Steering Group. In a statement, the BHA …

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Mark Spincer named ARC racing division MD

Arena Racing Company (ARC) has strengthened its leadership team after confirming that Mark Spincer will take up the position of Managing Director of the company’s Racing Division. Under his new role, which is effective immediately, Spincer will take responsibility for ARC’s sixteen racecourse sites and four greyhound stadia. Mark Spincer commented on his new role: “We have tremendous teams working …

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Flutter elevates racing commitment with new commercial rights deal

Flutter Entertainment has significantly elevated its racing offering by announcing a new deal with Arena Racing Company (ARC), The Racing Partnership (TRP) and At The Races (ATR). The lucrative multi-year rights deal will strengthen all elements of Flutter’s global racing business including UK retail and online, as well as its operations in the US and Australia. Peter Jackson, CEO of Flutter …

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Arc takes a firm stance on prize-money position

Arena Racecourse Company (ARC) has responded to threats of further boycotts from trainers over the cuts to prize-money contributions, by pointing out that the racing group will not be changing its position. The group’s CEO, Martin Cruddace, was on hand at Lingfield this Saturday to observe the Betway Winter Derby card. The meeting had been reduced from seven to five …

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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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Arena Racing Company makes Ffos Las acquisition

Arena Racing Company (ARC) has announced the acquisition of Ffos Las Racecourse, with the Carmarthenshire course becoming the fifteenth racecourse in the ARC portfolio. The Carmarthenshire course opened in 2009 and was, at the time, the first new racecourse in Britain in over 80 years. A flat oval, a mile and a half around, Ffos Las hosts a total of …

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ARC & partners outline Mental Health Awareness Week support

Copyright: robwilson39 / 123RF Stock Photo

The Arena Racing Company (ARC) and Royal Windsor Racecourse have pledged their support for Mental Health Awareness Week, which begins on Monday 14 May. In addition five ARC corporate partners, At The Races, Weatherbys Racing Bank, Racing Post, lawyers K&L Gates and sports branding agency Jigsaw, have also pledged their support via race sponsorship, which is to be donated to …

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Scott Longley: The £2 reckoning – betting & racing face their nightmare

Following the conclusion of this week’s local elections, the Conservative government will likely move to implement a £2 FOBTs wagering limit, impacting all UK betting stakeholders. SBC contributor Scott Longley assess whether the government understands the consequences of its drastic cut, or if it can justify its FOBTs policy logic… _________________ Politics has trumped economics in the final stages of …

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Arena Racing Company to see prize money soar past £35m mark

Copyright: teddyleung / 123RF Stock Photo

The Arena Racing Company (ARC) has announced that prize money across its 15 strong racecourse portfolio is to exceed £35m this year. Stating a “central role” that has been played in “helping ensure there are record levels of prize money in British Racing,” ARC also stresses that it has significantly increased its investment in prize money through its executive contribution, …

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