Posts Tagged "ARC"

British Racing groups fights off bookmaker race sponsorship

British Racing groups fights off bookmaker race sponsorship

Racing heads with the leadership of British Horseracing Authority (BHA) have joined hands with the aim of eradicating the issue of bookmakers sponsoring racing events, tracks as well as festivals. The effect will come to be not unless these bookmakers pay levy contributions. This move was processed by the Arena racing Group (ARC) and the Jockey Club who have ditched the bookies since they have not been meeting their levy principles.

The enforcing of the levy acts has been attributed by the fact that a report by BHA has indicated a total loss of £30 million every year by the British Racing which equals to the tax payments. The report also indicated that there is a high possibility of racing contributions by bookmaker from £105 million in 2004/04 to £53 million in 2017.

Chief Executive of the BHA Nick Rust claimed that British racing has been according millions of people with much needed fun, created over 85,000 jobs as well as incorporating £3.4 billion to the economy. However, the reluctant of Horse Betting levy system to fund them from the incomes generated from the

The BHA claimed that those bookmakers who have contributed their levy share have been accorded with UK Racing’s ‘Authorized Betting Partners’. They include Betfair, bet365 and 32Red. The bodies have decided on holding the move up to the 31st day of December where they hope to have come up with a substantial solution. All deals conducted at this period will be respected but won’t be reintroduced at any given time.

Chairman of the Racecourse Association Maggie Carver claimed that the RCA and other associates in the racing and betting platforms are working in order to come up with a Racing Right. Time will be accrued for the well-being of their relationship in spite of the Government welcoming the commitment strategy.

He continued to add that the RCA and its associates have for long appreciatedthe marketablerelations with stakeholders from betting operators. Nonetheless, it would be fair if there is integrity and fair rendering of levies for the benefit of each stakeholder. The ARC and Jockey Club Racecourses have shown the right procedure to undertake in such a scenario.

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On 30 August ARC Racing Returns To Great Yarmouth

On 30 August ARC Racing Returns To Great Yarmouth

The Arena Racing company (ARC) will be returning to Great Yarmouth Racecourse on 30 August, 2015. This was as a result of the review done on race track surface conditions carried out by ARC.

Together with British Horseracing Authority (BHA) and Professional Sportsturf Design, the Great Yarmouth Racecourse and ARC’s executive have decided to give the track an additional month for the field to grow and strengthen before the race could commence. This will maintain the track since it will be lightly raced with six fixtures in 2015. This includes three-day eastern festival that will be held in September.

As such, the advanced start date guarantees that the track will be safe and fair racing surface for jockeys and horses, which is an important factor in relation to the project completion and recommencement of the race. In addition to that, it ensures the track withstands the racing throughout the 2015 season and that the £300,000 invested by ARC will achieve its long-term objective of assuring the racecourse will have the best straight turf mile tracks in the country for many years.

The reopening of ARC racing is required to pass BHA inspection that includes a trial gallop in mid-August. Six fixtures are also expected to take place at the Great Yarmouth racecourse before 30 August 2015.

On a statement given by the ARC racing Director, Jon Pullinsaid: “Just as we always say, we are committed in ensuring each of our racecourses provides the best possible conditions for horses to race regardless the surface. Therefore, as we are focused in recommencing the racing at Great Yarmouth, this can only happen if we are confident that the racing surfaces are safe and secure for jockeys and horses. For now, we are confident that the extra month of growth will ensure the track will be ready for August.”

The Executive director of Great Yarmouth, GlennTubby said: “ We are very grateful for the patience our annual members, racegoers, horsemen as well as sponsors have shown and we are pleased to confirm the recommencement of the racing on 30 August and we look forward to great years of racing.”

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