Racing has come up against a number of challenges in recent months, with cuts to levy contributions, racecourse closures and – most recently – a complete halt of the sport due to the pandemic. Yet, Wiliam Woodhams, CEO of Fitzdares believes that now is the perfect time to re-engage with those punters which may have drifted away from the sport. …
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Inside Edge: The case for the defence in the Premier League
There’s been little reaction from sportsbooks to a near 50% rise in goals by defenders in the Premier League, notes Nick Haynes from Form Labs – a division of Bettorlogic – in his Friday round-up of the weekend’s sporting activity. We’re already into the fifth week of the season and so much has happened already. Shock results by big scorelines …
Read More »HBLB ups prize money commitment by 50%
The Horserace Betting Levy Board (HBLB) has confirmed that it will make a ‘substantial increase’ in its prize money for the remainder of the year, with allocations due to rise by 50%. HBLB has been spending around 25% more than usual on prize money since 1st June but from 1st September, for the following four months, this will increase even …
Read More »Scottish racing gets green light for 22 June restart
In accordance with the Scottish Government’s route map for exiting lockdown, Scottish racing has been given the green light to resume behind closed doors from Monday 22 June. Discussions are currently taking place between Scottish Racing and the Scottish Government to support the resumption of race day fixtures. Scottish Racing’s Manager, Delly Innes, said: “The public can have confidence in …
Read More »UK Racing- Reduction in prize-money ‘inevitable’ once season resumes
A programme outlining the races that will take place once horseracing resumes in the UK is due to be released next week, with prize money facing a significant reduction due to retail closures. The sport has been on hold since 17 March, however, the Resumption of Racing Group has stated that it will develop a provisional programme for the first …
Read More »Racing Point F1 drops SportPesa due to home market ‘difficulties’
Formula One team Racing Point has terminated its title sponsorship with Kenyan bookmaker SportPesa due to ‘difficulties in their home market’, according to the firm’s team principal Otmar Szafnauer. Racing Point had initially signed a multi-year title sponsorship with SportPesa ahead of the 2019 F1 season, marked as the Kenyan betting group’s biggest-ever sponsorship commitment. However, as a new F1 season approaches (start …
Read More »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 …
Read More »Racing industry advised to ramp up no-deal Brexit preparations
The UK racing industry has been warned that it needs to begin making plans ahead of a potential no-deal Brexit scenario, which is expected to have a significant impact on the sector. In a note sent on behalf of the Thoroughbred Industries Brexit Steering Group, it was emphasised that ‘the political situation regarding the United Kingdom’s withdrawal from the European …
Read More »SportPesa unveils new sporting experiences initiative
SportPesa is seeking to offer customers unrivalled experiences and access to major sporting events, with the launch of its new directive, the SportPesa Experience. The Liverpool-based operator will use current partnerships with Everton Football Club, Hull City, SportPesa Racing Point Formula One Team and Chester Racecourse to provide customers with experiences from the Premier League, EFL, Formula One and Horse …
Read More »SIS: Evolving your product offer to meet bettors’ needs
Paul Witten, Product Director at SIS, highlights why non-stop live betting opportunities available throughout the day are key to driving future business growth within the sports betting industry. As the international betting industry prepares to make its way to London for the biggest trade show of the year, you can be sure that there will be plenty of exhibitors unveiling …
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