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Martin Stevenson appointed new CEO of Racecourse Media Group

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Martin Stevenson has been appointed CEO of Racecourse Media Group (RMG) – the media and data rights holding company for the UK and Ireland’s leading racecourses.

Stevenson has a deep and intimate knowledge and understanding of the RMG business, having joined the Group as the Finance Director of RMG in 2007.

A qualified accountant (FCCA), his previous experience includes the position of Managing Director of the Newspaper Licensing Agency and Group Financial Controller of Trinity Mirror plc.. Stevenson succeeds Richard FitzGerald, who left the post of CEO in September.

 

Roger Lewis, Chairman of RMG, said:

“On behalf of the RMG Board, RMG’s racecourses and all the RMG staff, I am delighted to announce Martin as the new CEO of the Group.

“After an extensive and rigorous recruitment process, during which we interviewed a number of outstanding candidates, the RMG Board unanimously voted for this appointment.

“Martin’s vision for RMG is bold and imaginative. His relationship with our shareholder racecourses is very special and Martin is passionate that RMG can, and will, deliver the best returns for racing.

“The RMG business model has been severely tested during the last 12 months, but it has demonstrated great resilience, providing vital media rights income for our racecourses. This has been achieved due to the extraordinary efforts of our racecourses who have brilliantly kept horse racing running. We are proud to serve them.

“We are now slowly emerging out of the pandemic and Martin is undoubtedly the right person to lead RMG into its next phase of growth over the coming years.”

 

Martin Stevenson, new CEO of RMG, added:

“I am extremely excited and honoured to take up the position of RMG CEO. I look forward to working even more collaboratively with our 34 racecourse shareholders, whose media interests have been entrusted to RMG.

“RMG has been a phenomenal success story since its inception as Racing UK back in 2004, having posted year-on-year increases in licence fees payable to its racecourse shareholders nearly every year of trading. It shows what can be achieved via a collective approach to commercialising our racecourses’ media and data rights.

“But RMG never stands still. We will continue to innovate with our output, as evidenced by the recent launch of the Racing TV virtual studio, which follows the introduction of the broadcast and publication of in-race timing information.

“We will also continue to be creative and forward-thinking in how best to commercialise our racecourses’ content, including building on the recent success of the Watch & Bet streaming service, which has been greatly welcomed by bookmakers, punters and race-fans alike.

“RMG has a committed, knowledgeable and loyal team, which, I have absolutely no doubt, will continue to deliver the right results for our racecourses.”

RMG was created by racecourses for the sport of racing and the compelling content generated from the racecourses it broadcasts from has enabled RMG to continue to drive the business forward.

RMG’s quality offering was evidenced recently as five of the top 11 races run in the world in 2020 (rated by IFHA) – headed by the Juddmonte International Stakes at York at number one – were broadcast live on Racing TV.

 

Recent Key Developments over the last six months at RMG include:

 

  • Virtual studio – Racing TV’s new studio takes horseracing coverage to the next level

 

  • Record viewers – Racing TV memberships hit a record 63,000

 

  • In-race timing service – New tracking service launches on-screen and online

 

  • Watch & Bet – Low-latency and data-rich streaming service enhances output for bookmakers, punters and fans

 

  • Racing TV Extra – Dedicated racecourse streams, with presenters, available from all RTV’s 61 racecourses

 

  • ITV and Virgin Media TV – RMG’s racecourses’ rights are renewed until 2023 in UK and Ireland

 

  • Sportsbet – Streaming and marketing deal with Australia’s largest online betting operator

 

  • British Champions Day – RMG distributes TV coverage to 125 countries via 26 broadcasters

 

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REEVO Welcomes MEGAFAIR to its Growing Aggregation Network

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REEVO, the leading B2B games aggregator known for its innovation in the iGaming ecosystem, has announced a strategic partnership with MEGAFAIR, an emerging pioneer in next-gen gaming experiences. This collaboration marks a significant step forward in REEVO’s mission to deliver high-quality content to operators and players worldwide.

MEGAFAIR has carved a distinct identity in the industry by blending traditional game mechanics with engaging and visually captivating experiences. Now, through REEVO’s best-in-class aggregation platform, MEGAFAIR’s portfolio of high-quality, competitive games will be available to a global audience, instantly accessible via a single API integration.

This partnership expands MEGAFAIR’s content distribution while offering REEVO partners access to a differentiated product category that’s capturing the attention of a new generation of iGamers.

Yan Shif, Co-founder and CEO of MEGAFAIR, said: “It’s not just hype, it’s a truly new level for our team. Partnering with REEVO is a game-changer for MEGAFAIR. Their unparalleled aggregation capabilities and commitment to operator success perfectly align with our vision. This alliance will not only enhance the delivery of our top-tier games, but also enable us to leverage REEVO’s advanced promotional tools to boost player engagement, satisfaction, and retention.”

His statement highlights the strong synergy between both companies and the shared benefits operators can expect from this collaboration.

Daniel Cuc, Head of Account Management at REEVO, said: “Partnering with MEGAFAIR adds a bold and refreshing edge to the REEVO content universe. Their fusion of innovation, entertainment, and quality is exactly what today’s iGaming landscape demands. We’re excited to integrate their titles into our platform and look forward to introducing this dynamic new offering to our operator network. This is just the beginning, our partners should stay tuned for what’s next.”

The post REEVO Welcomes MEGAFAIR to its Growing Aggregation Network appeared first on European Gaming Industry News.

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BFU and Elitbet Extend Their Partnership Until 2028

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The Bulgarian Football Union and the company ELITBET, which has been the official sponsor of the Third League since last summer, have reached an agreement to extend their partnership. The new contract is until 2028, the official website of the BFU announced. Thus, the third echelon will continue to bear the name ELITBET Third League, and both parties expressed their satisfaction with the continued cooperation between them.

“We are happy to support amateur football in Bulgaria and will continue to do so in the future. In this one year since the beginning of our partnership with the Bulgarian Football Union, we have managed to promote the league by creating quality digital content. We have plans to make this product even more attractive,” said Dani Nikolova, Marketing Director of ELITBET.

“The Third League is one of the main elements of the football ecosystem in our country and is of key importance for the development of the game in the different regions of the country. We are glad that in the person of ELITBET we have a solid partner who invests in amateur football,” said the president of the Amateur Football League and member of the Executive Committee of the Bulgarian Football Union Rumyan Valkov.

The post BFU and Elitbet Extend Their Partnership Until 2028 appeared first on European Gaming Industry News.

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Compliance Updates

KSA Imposes Penalty Payment Order on Influencer Leftlanepapi

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The Netherlands Gambling Authority (KSA) has imposed a first penalty payment order on YouTube influencer LeftlanePapi for promoting illegal gambling.

The YouTube channel LeftlanePapi showed videos with live streams of online gambling from illegal providers. The illegal providers were also actively advertised, by encouraging viewers to also play there. The KSA issued a warning to the influencer. Because the content in question was not removed after the warning and new streams were made, the KSA imposed a penalty. Existing content must be removed and no new advertising may be made. If this does happen, the influencer will receive a penalty of €25,000 per violation, with a maximum of €75,000.

With its new approach, the KSA opts for a two-track policy. After establishing a violation, influencers receive a message that they must stop their activities within 48 hours and that illegal content must be removed. If the influencer does not do so, the KSA approaches the social media platform so that the harmful content is removed in any case. The influencer is given a penalty under penalty of a fine, as was also the case with Leftlanepapi. The KSA has now warned several influencers.

The post KSA Imposes Penalty Payment Order on Influencer Leftlanepapi appeared first on European Gaming Industry News.

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