RaceTech Chairman Tom Phillips has announced his intention to step down from the position on 30 September, after a ‘distinguished career’ of 15 years. Having first joined RacingTech as a non-executive Director and Chair of the Audit Committee in 2006, Phillips has overseen a number of major initiatives and milestones whilst serving as Chairman of the organisation. The outgoing Chairman …
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British horse racing makes commitment to diversity and inclusion
British horse racing’s leading authorities have made a commitment to improving diversity and inclusion within the sport in order to ensure it continues to ‘grow and thrive in the future’. The new commitment will build on existing initiatives employed by the sector to promote diversity, including community engagement, education activity and charitable work. Stating that British horse racing is ‘proud …
Read More »BHA plans Board changes amid need to improve industry collaboration
The British Horseracing Authority (BHA) will be making changes to its Board composition, in a bid to increase industry involvement among its members. It comes as a move to improve its decision-making process at the BHA, including the ways in which it consults both the racing industry and wider stakeholders, in addition to strengthening collaboration between the sport’s leadership and …
Read More »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 …
Read More »British Racing groups join to tackle bookmaker levy decline
Led by the British Horseracing Authority (BHA), Britain’s largest racecourse governance groups have joined forces to tackle the issue of ‘underfunding and loopholes’ in the levy system. The joint stakeholders will move to bar bookmakers’ from sponsoring race events, tracks and festivals if they do not pay levy contributions through their online operations. The proposed levy initiative is supported by …
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