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Business
September 20, 2024
The End of an Era: Freehold Raceway to Close on December 28
Freehold Raceway, the oldest horse racing track in the United States, will be closing its doors, marking the end of an era. While the decision to shut down the track was difficult, officials said that its operation cannot continue under the current conditions. The Closure Will Mark the End of an Era Freehold Raceway is […]
Sports
August 30, 2024
Illegal Horseracing Operators Threaten Industry Integrity
The horseracing industry faces a significant challenge from unregulated illegal betting markets, which threaten the integrity of the sport while siphoning off billions of dollars in revenue. Perhaps the most notorious of those illegal operators is Citibet, an online platform that has become a significant concern for the Asian Racing Federation (ARF). Black Market Entities […]
Industry
August 5, 2024
BGC and Its Members Mourn the Passing of Paul Darling
Britain’s Betting and Gaming Council (BGC) and its members have paid tribute to Paul Darling, the chair of the Horserace Betting Levy Board, who passed away. Industry representatives thanked Darling for his incredible contributions and expressed sadness about his passing. The Racing and Betting Sector Lost a Great Man Michael Dugher, chairman of the BGC, […]
Business
August 1, 2024
Southwell Racecourse to Reopen After Extensive Refurbishment
Southwell Racecourse, a thoroughbred horse racing venue in Nottinghamshire, England, will finally return to full working capacity. According to the venue’s official announcement, its refurbishment has been completed, allowing it to completely reopen. The Damage Took Almost a Year to Fully Fix Southwell Racecourse, for context, suffered extensive flooding damage in October 2023 when Storm […]
Sports
July 26, 2024
NJ Authorities Praise Haskell Stakes’ Spectacular Success
New Jersey authorities have reported a record-breaking volume of bets during the Haskell Stakes at Monmouth Park, one of the state’s biggest horseracing events. According to NJ Attorney General Matthew J. Platkin and the New Jersey Racing Commission, racing enthusiasts have wagered a whopping $21,748,294 throughout the Saturday event, setting a new record. This figure, […]
Sports
July 25, 2024
Churchill Downs Confirms $90M Grandstand and Pavilion Renovation
The provider of pari-mutuel horseracing, casino gambling and entertainment, Churchill Downs Incorporated (CDI), confirmed its intention for a new massive investment at Churchill Downs Racetrack. The company released details regarding the planned renovation of its Grandstand Club and Pavilion at the racetrack on Wednesday. The latest announcement comes after recently, CDI recently completed a massive […]
Sports
July 24, 2024
Racing Unprofitable for Bookmakers, Warns Flutter’s UK & Ireland Exec
An executive overseeing two of the UK’s leading sportsbooks recently urged for a change in British horseracing at a time when profits for the sector have been growing despite a shrinking audience. Earlier this week, Ian Brown, the CEO of Flutter Entertainment’s UK and Ireland division, submitted an op-ed for the Racing Post, highlighting a […]
Industry
June 24, 2024
ARC, RMG, Tabcorp, and 1/ST CONTENT Announce Strategic Partnership
Arena Racing Company (ARC), Racecourse Media Group (RMG), Tabcorp, and 1/ST CONTENT have announced a groundbreaking strategic alliance that unites four leading content providers focused on the horse and greyhound racing industry. This partnership aims to create a global network of rights holders to distribute racing content across multiple international markets. All Four Members Boast […]
Business
June 11, 2024
BHA CEO Julie Harrington to Depart at the End of 2024
The British Horseracing Authority (BHA) announced that Julie Harrington will be stepping down as CEO at the end of the year. Her decision would mark the end of a four-year tenure and comes amid the ongoing gambling reforms. During her time as CEO of the BHA, Harrington oversaw a variety of changes, including a new […]
Industry
May 21, 2024
BGC’s Levy Payments to HBLB Increase for the Third Year in a Row
Britain’s Betting and Gaming Council announced that its members are expected to contribute a record £105 million ($133.6 million) in levy payments to the Horserace Betting Levy Board (HBLB) for last year. This figure would mark an increase of £5 million and is notably the third consecutive year of year-on-year increase. For context, the BGC’s […]
