Horseracing

BetMakers to ‘unleash the power of Quantum tote’ at Selangor Turf Club

SBC News BetMakers to ‘unleash the power of Quantum tote’ at Selangor Turf Club

BetMakers has announced that its Global Tote division has been chosen by Selangor Turf Club to be the exclusive provider of a new pari-mutuel wagering solution. The 10-year agreement will see Global Tote replace the horse racing track’s current pari-mutuel wagering system with its Quantum tote engine – as part of a tote technology and service solution for the Club’s …

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Novibet boosts Ireland visibility with Fairyhouse sponsorship debut

SBC News Novibet boosts Ireland visibility with Fairyhouse sponsorship debut

Novibet has strengthened its visibility within Ireland’s horse racing scene by securing a series of sponsorships of races at the Fairyhouse track. The international operator, headquartered in Malta, will sponsor the full card at Fairyhouse on 7 October, encompassing the naming rights to all seven races occurring on that day. Karl Riley, Novibet’s Ireland Country Manager, said: “Stepping into the …

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UK Tote expands offering with French racing addition

UK Tote expands scope with French racing addition

The UK Tote Group has signed an agreement with France’s state-owned horse racing operator Pari Mutuel Urbain (PMU), in doing so adding French racing fixtures to its UK and Irish pool offering. Specifics of the deal see the UK Tote Group cover 7,000 pools from 88 French racecourses each year, including 262 pattern contests, offering PMU’s exclusive pool betting monopoly …

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BHA and Racing media launch public survey on affordability checks

SBC News BHA and Racing media launch public survey on affordability checks

The British Horseracing Authority (BHA), in participation with the media stakeholders of Racing TV, At The Races, and the Racing Post, has launched a survey to gather views from the betting public on affordability checks proposed by the UK Gambling Commission (UKGC).  Initiating a combined survey, racing stakeholders seek to shed light on the diverse views of betting audiences on …

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RMG states Irish ad ban could put future of racing broadcasting at stake

SIS horse racing ireland

The CEO of Racecourse Media Group (RMG) has been quoted in Irish media as predicting potentially dire outcomes for Irish horse racing should the country adopt significant restrictions on betting advertising. According to The Irish Times, Martin Stevenson commented on the impact an advertising ban could have on the operations of its Racing TV holding, saying that such a move …

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Unibet to sponsor Cheltenham’s Champion Hurdle until 2028

SBC News Unibet to sponsor Cheltenham’s Champion Hurdle until 2028

Unibet has extended its sponsorship of the Unibet Champion Hurdle for a further five years. The race takes place on the Old Course during the opening day of Cheltenham Festival, with only three companies having sponsored it before. The Kindred Group-owned operator has sponsored the race since 2011, seven years as Stan James before Unibet took over in 2018.  Since …

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Former BoyleSports and Entain product lead joins RMG c-level team

Former BoyleSports and Entain product lead joins RMG c-level team

Ryan Thurburn has joined Racecourse Media Group (RMG) senior leadership as its first Chief Product Officer (CPO), bringing with him extensive experience of bookmaking business. The new CPO’s prior roles in betting and gaming have included tenures at high profile omnichannel operators, including a stint as Head of Sportsbook Product at Entain and Head of Product for its Ladbrokes Coral …

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Sportsbet to continue Sky Racing in-app broadcasts with Tabcorp

SBC News Sportsbet to continue Sky Racing in-app broadcasts with Tabcorp

Australian gambling firm Tabcorp has extended its digital vision supply agreement with Sportsbet for an additional 10 years. The extension allows Flutter Entertainment-owned Sportsbet to broadcast Sky Racing 1 and Sky Racing 2 vision live in its betting app and website, with Sky as the exclusive provider.  Adam Rytenskild, Tabcorp Managing Director and CEO, noted: “Sky is the home of …

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BGC: UK betting ‘continues to bankroll’ horse racing with £384m investment

SBC News BGC: UK betting ‘continues to bankroll’ horse racing with £384m investment

The Betting and Gaming Council (BGC) has underscored the financial contribution the UK’s gambling industry makes to national horse racing amid a debate surrounding the racing levy. UK bookmakers make a regular financial contribution to horse racing each year, with payments issued to the Horseracing Betting Levy Board (HBLB). When coupled with media rights and sponsorship deals, the UK betting …

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BetMakers declares AU$41m in Q4 FY23 cash flow after cost reductions

BetMakers pon ‘path to profitability’ with restructuring and cost reduction

A succession of new partnerships and continuing of long-term client relationships has driven  strong trading performance for BetMakers Technology Group during Q4 of the 2023 financial year. At the close of the three month period ending 30 June 2023, the ASX-listed betting technology supplier declared cash flow of $41m, driven by a 5% quarter-on-quarter increase in cash receipts to AU$24.8m …

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