British horse racing needs ‘collaborative approach’ to overcome decline in media and betting revenues
UK racecourse owner and operator Arena Racing Company (ARC) has further enhanced its portfolio by acquiring Wales’ Ffos Las Racecourse.
The Jockey Club, the largest commercial group in British horseracing, has unveiled a record set of financial results, including breaking through the £200m (€228.2m/$279.2m) revenue barrier for the first time.
Paris is being lined up to host the maiden event of a new street horseracing series, according to multiple reports.
Plans have been revealed to launch a new horse racing competition in the UK next year, based on a similar model as the Indian Premier League (IPL) Twenty20 cricket tournament.
A lucrative new horseracing event featuring a prize fund of more than $17m (€13.8m) is set to launch in Saudi Arabia.
GBI Racing, a joint venture between UK pay-television broadcasters Racing UK and At The Races, has agreed a £4.9m (€5.5m/$6.6m) compensation package with the Israeli government after the country moved to ban betting on horse racing.
The Al Shaqab horse-racing ownership group has told trainers that they will be paid soon after it was reported that the collective debts of the group had reached more than £1m (€1.1m/$1.4m).
Paul Fisher has been promoted to chief executive of Jockey Club Racecourses, the operating group of 15 racecourses in the UK.