Tag Archives: Nick Rust

BetStars joins UK racing’s ABP Scheme

Amaya Inc sports betting subsidiary BetStars has confirmed that it has joined UK racing’s Authorised Betting Partner (ABP) scheme. The BetStars brand which launched in the UK this January, will join 32Red, Betfair, BetVictor, bet365, SeanieMac and Sky Bet as an ABP partner. BetStars who recently added UK racing markets to its betting platform, will commit to contributing a percentage …

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Sky Bet becomes the latest authorised betting partner

On Friday it was announced that Sky Bet has become the latest bookmaker to sign up as an authorised betting partner in association with the British Horseracing Authority (BHA). This agreement, which was first reported by Racing Post, was speculated upon in recent weeks and comes just in time for Cheltenham Festival which begins on Tuesday of this week. Now its ABP …

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BetVictor joins UK Racing’s ABP Scheme

The British Horseracing Authority (BHA) has confirmed that independent  bookmaker BetVictor has become the latest betting operator to join its Authorised Betting Partner (ABP) scheme. BetVictor governance has agreed to a three-year deal, which will see the company make a voluntary contribution to the sport on trading profits from its UK racing markets. As a new ABP member, BetVictor will …

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UK Racing and betting stakeholders prepare for meeting to discuss ABP terms and conditions

The Guardian newspaper has reported that UK racing and betting stakeholders will meet today for a new round of discussions regarding the sports funding and the controversial Authorised Betting Partner (ABP) scheme implemented by the British Horseracing Authority (BHA). With the relationship between UK racing and betting operators at its lowest ebb, discussions will focus on the levy % bookmakers …

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British Racing rejects Coral offer after ABP row

The British Horseracing Authority has dismissed Coral’s offer for a flat 7.5% of its online and retail horseracing profits, labelling it an an “unrealistic realistic starting point” on the grounds that it would generate less for the sport than existing arrangements. The latest clash between racing and the bookmakers has been caused by the introduction of the Authorised Betting Partner …

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BHA confirms 32Red & bet365 as official UK racing Authorised Betting Partners

As widely anticipated online bookmakers’ bet365 and 32Red have been confirmed as UK racing Authorised Betting Partners (ABP) by the British Horseracing Authority (BHA). 32Red and bet365 join competitor Betfair as the first set of online bookmakers to be granted official ABP status. BHA CEO Nick Rust confirmed that the bookmakers had committed to contributing a share of online winnings …

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Betfair announced as first ‘authorised betting partner’ for UK racing

The British Horseracing Authority (BHA) has named Betfair as its first ‘authorised betting partner’ (ABP) having agreed a three year deal which will see the operator pay a percentage of racing revenues for its betting services. Betfair who have voluntarily supported the 54th levy scheme since its first announcement in September, is the first bookmaker to gain official ABP status. …

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BHA appoints Gavin Jefferies as Director of Communications

The British Horseracing Authority (BHA) has confirmed the appointment of Gavin Jefferies as its new Director of Communications. Jefferies joins the organisation from HM Revenue & Customs, where he had served as Deputy Director of Corporate Communications and as Head of External Affairs since 2012. BHA governance, announced that Jefferies would take lead of its communications from January 2016. Jefferies duties will see …

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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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Nick Rust – BHA governance aims to reverse £1.3 million deficit

Nick Rust Chief Executive of the British Horseracing Authority (BHA), has stated that he is confident that the organisation will reverse its £1.3 million deficit posted for 2014. The BHA’s accounts were hit with rising costs in 2014 from £28 to £30.6 million, which the organisation accredited to increased costs in day to day operations and legal fees relating to …

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