October 17, 2019
The UK Tote Group, the consortium of racing-backed investors formerly known as Alizeti, has revealed that it will begin a ‘new era for the Tote’ after confirming the completion of its acquisition of the UK’s pool betting operator for horse racing, making the group the sole owner. Outlining its plans for brand development, the Group has placed a particular focus upon the modernisation …
Read More »July 4, 2019
Nicholas Cooper has called upon the industry to consider shifting the horse racing levy from the current gross profits system towards a betting turnover-focused system. As part of his speech at the Racehorse Owners Association’s (ROA) annual meeting in London, the ROA president said that a turnover-based levy would “provide a much truer reflection of racing’s continuing worth to the betting …
Read More »July 3, 2018
The President of the Racehorse Owners Association Nicholas Cooper has hailed the positive outcomes of the horseracing industry working together. At his association’s Annual General Meeting in London, Cooper described the expected record prize-money of over £160 million in 2018, a resurgence of levy funding and the setting up of a new Racing Authority as “good news for owners”. He …
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