Tag Archives: Racecourse Association

UK Racing- Reduction in prize-money ‘inevitable’ once season resumes

A programme outlining the races that will take place once horseracing resumes in the UK is due to be released next week, with prize money facing a significant reduction due to retail closures. The sport has been on hold since 17 March, however, the Resumption of Racing Group has stated that it will develop a provisional programme for the first …

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AllSported launches international trading service to cover racing shortfalls

AllSported, a trading solution from Spotlight Sports Group, has committed to addressing the shortfall in live horse racing content by launching a new risk-managed trading service tailored towards international racing. The firm is looking to maximise the racing that is still taking place in Hong Kong and the US, in order to help betting operators retain their audience and increase …

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Racing attendance boosted by 2% according to HBLB figres

Recent figures published by the Horserace Betting Levy Board (HBLB) have shown that interest in british horseracing has continued to grow, as both total and average attendance for the first half of 2019 Figures have indicated that there has been a two per cent rise in attendances, with total attendance reported to be 2,801,512. Average attendance per fixture has also …

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Horseracing prize money facing cuts as levy drops £17m

British horseracing stakeholders have had to urgently initiate a plan of action following the recent Horserace Betting Levy Board’s (HBLB) announcement that estimated Levy income for the year ended 31st March 2019 will be some £78m, a fall of £17m from last year. News of the fall in yield were presented to racing’s HBLB representatives, Andy Clifton from the Racecourse …

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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 …

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Arc takes a firm stance on prize-money position

Arena Racecourse Company (ARC) has responded to threats of further boycotts from trainers over the cuts to prize-money contributions, by pointing out that the racing group will not be changing its position. The group’s CEO, Martin Cruddace, was on hand at Lingfield this Saturday to observe the Betway Winter Derby card. The meeting had been reduced from seven to five …

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Trainers blast ‘ridiculous’ cuts to Arc prize-money

Mark Johnston, a leading horse trainer, has blasted the Arena Racing Company’s (Arc) contribution to the prize-money as the racing group prepares to offset the government cuts to FOBT stakes. Arc announced in December 2018 that it “simply cannot continue” to maintain its current contributions to the prize-money fund, and would be issuing a reduction to its contribution by £3m. …

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David Armstrong appointed as new Racecourse Association Chief Executive

Ex-Wasps CEO David Armstrong has been appointed as the new Chief Executive for the Racecourse Association (RCA), bringing with him a wealth of expertise from across the sporting world. Armstrong is set to take up the position full-time as of 11 March. He joins the RCA after a three year tenure as Group CEO of Rugby Union team, Wasps. During …

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BHA confirms alterations to conditions of selling races

The British Horseracing Authority (BHA) has confirmed that it has ratified proposals from the Racecourse Association (RCA) via the sport’s “Racing Group” to adjust the conditions of selling races from 1 October 2018. The objective of the proposals is to make the conditions of selling races much clearer to owners and trainers considering running horses, or bidding for the winners …

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British racing elevates sponsorship opportunities

The British Horseracing Authority (BHA) has announced that advertising on British racecourses will join other major sports by featuring digital LED (light-emitting diode) displays on the landing side of fences. The move to expand the sport’s sponsorship opportunities comes following a consultation with the courses, the Racecourse Association (RCA) and participants including trainers and jockeys – as well as trials …

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