The yearly media rights revenues received by the 37 British racecourses affiliated to Racecourse Media Group (RMG), have increased by 9% from the previous year to £93.1million. These payments, which are paid via licence fees and dividends, were derived from: Turf TV – betting shop service provider to licensed betting offices (LBOs), Racing UK (multi-platform subscription channel), digital (bet-to-view streams), GBI Racing (international …
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The Racing Partnership & Turf TV agree on shared satellite infrastructure
The Racing Partnership (“TRP”) and Turf TV have agreed to share satellite infrastructure in UK and Irish Licensed Betting Offices (“LBOs”). This agreement will see Turf TV and TRP sharing satellite infrastructure across the existing estate of Turf TV independent bookmaker customers in the UK and Ireland. The joint approach will mean that there is no requirement for most independent LBOs …
Read More »Third LBO racing channel set to shake-up UK betting shops
Betting shop operators in the UK are set to see another shake-up in how they present horseracing after the announcement that a third horseracing channel for LBOs is to be launched. The Racing Partnership (TRP) – a joint venture between Arena Racing (ARC) and seven independent racecourses comprising Fakenham, Ffos Las, Hexham, Newton Abbot, Plumpton, Ripon and Towcester – announced …
Read More »Racecourse Media Group pays out £80 million in 2015 broadcast fees
Racecourse Media Group (RMG) has detailed that it has paid its 34 syndicated UK racetracks £80 million in media rights for 2015. The figure represents an 8% increase on 2014 media pay-outs generated from licence fees of racing broadcast owners; Turf TV – betting shop service provider to Licensed Betting Offices (LBOs) Racing UK (multi-platform subscription channel) Digital (Bet2View streams) …
Read More »Racecourses see 10% uplift in media rights revenues
The 34 British racecourses affiliated to Racecourse Media Group (RMG) received £74.4million in media rights revenues in 2014 – a 15% increase on 2013. These revenues, which are paid via licence fees, are generated from: Licensed Betting Office (LBO) payments to Turf TV (betting shop service provider) Racing UK (multi-platform subscription channel) Internet (Bet2View streams) GBI Racing (international TV betting and …
Read More »RMG opens broadcast rights tender
Racecourse Media Group (RMG) the media operator responsible for advertising and broadcast rights of 34 UK racetracks, has opened a tender process for its racing media distribution. At present RMG broadcast rights are currently distributed to bookmakers via Turf TV, the broadcast channel of Amalgamated Racing Limited, a company owned jointly, and equally, between Timeweave and Racecourse Media Services Limited. …
Read More »More US racing from Turf TV
Following positive feedback from its portfolio of US racing, Turf TV will be adding a third US fixture to the existing package, which will be introduced in June and regularly scheduled from September. Each additional fixture will be backed up with a full fixed-odds pricing service from the outset. Adrian Ford, MD of Turf TV, said: “The addition of US …
Read More »Turf TV funnels £45m of bookmaker money to racing
Live racing and data provider Turf TV recorded a year of strong growth in 2013, having secured record numbers of subscribers and returned £45m to the racing industry. Turf TV owner Amalgamated Racing Limited (AMRAC) owns live broadcast rights for 34 of Britain’s racecourses, including festivals at Ascot, Cheltenham and Epsom. It also provides TV pictures and data to betting …
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