Tag Archives: Racehorse Owners Association

UK racing launches ‘Racehorse Relief Fund’ to maintain stud welfare

UK racing has announced the launch of a ‘Racehorse Relief Fund’, managed by the Racehorse Owners Association (ROA) in support of stud owners, trainers and UK stables mitigating the financial hardships brought on by the ongoing global COVID-19 crisis. The ROA’s fund has been granted approval by the British Horseracing Authority (BHA) to serve as a relief programme for UK …

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UK racing secures £22m hardship fund

A £22 million ‘hardship fund’ has been launched by The Horserace Betting Levy Board (Levy Board) and the Racing Foundation supporting horseracing stakeholders impacted by the COVID-19 crisis. The newly reformed Levy Board acts as a non-departmental public body, in charge of collecting and organising the finances of  UK racing through betting taxes, fundraising and further on-course activities. Its counterpart the …

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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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BHA outlines plans to resume racing ‘at the earliest possible opportunity’

British Horseracing Authority (BHA) CEO Nick Rust has emphasised that ‘racing will not be beaten’ by the COVID-19 pandemic which has resulted in the widespread cancellation of race meetings across the UK. Issuing a statement on the outbreak, senior executives from the BHA, Racecourse Association (RCA), National Trainers Federation (NTF) and the Racehorse Owners Association (ROA) have published the details …

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Alizeti enters ‘new era for the Tote’ after finalising takeover

The UK Tote Group, the consortium of racing-backed investors formerly known as Alizeti, has revealed that it will begin a ‘new era for the Tote’ after confirming the completion of its acquisition of the UK’s pool betting operator for horse racing, making the group the sole owner.  Outlining its plans for brand development, the Group has placed a particular focus upon the modernisation …

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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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Hereford unites with ROA to enhance raceday experience

Hereford Racecourse is looking to enhance its raceday experience, unveiling a new partnership with the Racehorse Owners Association for the 2018/19 season. Further emphasising its acknowledgement of the importance of the experience for racehorse owners, Hereford Racecourse and the ROA has united to place a specific focus on the arrival experience at the course. The O&T entrance to the racecourse …

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ROA president highlights benefits of industry cooperation

The President of the Racehorse Owners Association Nicholas Cooper has hailed the positive outcomes of the horseracing industry working together. At his association’s Annual General Meeting in London, Cooper described the expected record prize-money of over £160 million in 2018, a resurgence of levy funding and the setting up of a new Racing Authority as “good news for owners”. He …

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Alizeti comes ‘Together for the Tote’ through £150 million deal

The Alizeti consortium has secured the future of the Tote by striking a deal to purchase an initial 25% share of the pool betting operation, with an option to purchase the remaining 75%. The deal, said to be worth approximately £150 million, has been reached with Fred Done, the founder and CEO of Betfred who acquired the Tote from the …

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BHA making plans for independence

Cheltenham offer

The British Horseracing Authority (BHA) has announced that it is making changes to its Board and its way of working. These changes are designed to fit with governance best practice and help the implementation of the current Strategy for Growth work. The BHA has started the process of finding a number of new Directors and has appointed specialist search firm …

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