Tag Archives: Le Trot

French horseracing operator PMU has confirmed the election of Philippe Augier as new Chairman leading its corporate governance initiatives. Augier’s chairmanship was ratified following PMU’s annual general meeting and has received the approval of key racing stakeholders France Galop, as French horseracing’s governing body, and Le Trot – the operating company of French racing venues. The appointment sees PMU act swiftly …

The executive committee of France Galop, the governing body of French horseracing, has reported group-wide losses of €21 million as part of its 2018 accounts. France Galop, who shares ownership of French racing operator PMU alongside counterpart Le Trot Francais, details that 2018 horseracing revenues were significantly down on forecasted targets. “The net result of the PMU for 2018 is set …