Tag Archives: Martin Cruddace

ARC plans for 1,000 betting shop closures with £3m prize cuts

SBC News 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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ARC & partners outline Mental Health Awareness Week support

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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

SBC News 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

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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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Expansion continues for ARC with Vermantia acquisition

Grosvenor Sport

Arena Racing Company (“ARC”), the largest racecourse group in the UK, has acquired a majority stake in Vermantia, a leading provider of multi-channel content solutions worldwide. As part of the deal, Vermantia Founder and Chief Executive, Filippos Antonopoulos will remain in his position as a shareholder in the business and shall carry on in his executive role. The deal ensures ARC …

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Arena Racing Company agrees double greyhound deal

acceptphoto / 123RF Stock Photo

Arena Racing Company (ARC) has agreed a global deal with Vermantia, shortlisted in four categories at the SBC awards 2017, for distribution of greyhound racing content from the UK and Australia. Vermantia, the worldwide omni-channel content provider, will become ARC’s exclusive supplier to a range of international markets, and preferred worldwide partner for producing and delivering bespoke channels to retail …

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Ladbrokes Coral and The Racing Partnership end commercial stand off

SBC News Ladbrokes Coral and The Racing Partnership end commercial stand off

Following a commercial standoff, Ladbrokes Coral PLC (Ladbrokes Coral) and The Racing Partnership (TRP) have announced that a media rights deal has been agreed.  The deal will take effect immediately, ensuring Ladbrokes Coral’s 3,820 betting shops in the UK and Ireland will show racing from 15 Arena Racing Company (ARC) owned racecourses and seven independent racecourses. The deal will also …

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