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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Arena Racing Company makes Ffos Las acquisition
Arena Racing Company (ARC) has announced the acquisition of Ffos Las Racecourse, with the Carmarthenshire course becoming the fifteenth racecourse in the ARC portfolio. The Carmarthenshire course opened in 2009 and was, at the time, the first new racecourse in Britain in over 80 years. A flat oval, a mile and a half around, Ffos Las hosts a total of …
Read More »ARC & partners outline Mental Health Awareness Week support
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 …
Read More »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 …
Read More »Arena Racing Company to see prize money soar past £35m mark
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, …
Read More »Arena Racing Company and British EBF to increase investment
An increase in investment and prize money is set to be felt, following the establishment of a new partnership between the Arena Racing Company (ARC) and the British arm of the European Breeders Fund (EBF). One such benefit is the creation of new races for two-year-olds at both the Newcastle and Great Yarmouth racecourses, with the latter, a £15,000 Class …
Read More »Expansion continues for ARC with Vermantia acquisition
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 …
Read More »ARC to implement Wi-Fi following Sky Business partnership
The Arena Racing Company (ARC) has revealed that its portfolio of racecourses will be fully equipped with Wi-Fi later this year. Powered by Sky, “the UK’s largest public Wi-Fi network,” the solution is set to be in place by the end of summer this year. Martin Cruddace, Chief Executive of ARC, commented: “At what is an exciting time for ARC …
Read More »Arena Racing Company agrees double greyhound deal
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 …
Read More »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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