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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 […]
Industry
May 17, 2024
Maryland Buys Pimlico Race Course, Sets Out to Renovate the Track
The state of Maryland has agreed to purchase the historic Pimlico Race Course in a $1 deal. As the home of the Preakness Stakes, the Baltimore race track is of crucial importance to the Triple Crown, one of the most highly-anticipated events in the American racing calendar. According to the arrangement, Maryland will run the […]
Sports
May 7, 2024
Kentucky Derby Smashes Expectations with Record-Setting Handle
The 150th running of the Kentucky Derby presented by Woodford Reserve proved to be a historic and record-breaking event as nearly 157,000 horseracing fans gathered at Churchill Downs Racetrack to witness Mystik Dan claim the coveted Garland of Roses. The newly renovated track enhanced the viewer experience and significantly contributed to the record-setting betting handle. […]
Sports
May 6, 2024
Mystik Dan Conquers Churchill Downs’ Refurbished Racetrack
This year’s edition of the Kentucky Derby ushered in a new era for horse racing. According to Churchill Downs, which hosts the derby, the renovated track changed how fans experience the races. For context, Churchill Downs just completed its $200 million renovation. The company started the project almost three years ago and managed to complete […]
Legal
April 26, 2024
Former NZ Trainer Gambled $2M Before Filing for Bankruptcy
Mitchell Kerr, a former harness-racing trainer from New Zealand, has violated the country’s bankruptcy laws by gambling over $1.19 million (converted to USD, current rates), before filing for bankruptcy. This, however, wasn’t Kerr’s only transgression. Kerr used to be a successful trainer with an impressive three-year career. During his time as trainer, he scored 87 […]
Legal
April 19, 2024
Court Rejects Effort to Get Baffert Trainee to Run in the Kentucky Derby
The Jefferson County Circuit Court has rejected thoroughbred owner Amr Zedan’s plea to allow his horse Muth to run in the upcoming Kentucky Derby. To contextualize, Muth is a horse trained by the controversial trainer Bob Baffert who was suspended in 2021. Baffert was suspended after one of the horses he trained, Medina Spirit, tested […]
Industry
April 1, 2024
Macau Bids Farewell to Horse Racing
In a bittersweet farewell, the Macau Jockey Club (MJC) hosted its final horse races on Saturday, 30 March, marking the end of an era in the city’s history and officially closing the chapter on animal racing in Macau. Approximately a thousand racegoers, comprising residents and visitors from Hong Kong and mainland China, gathered to witness […]
