Latest News
Racecourse Media Group Chairman Roger Lewis extends term until October 2023
Racecourse Media Group (RMG) has announced that its Chairman, Roger Lewis, has extended his post until October 2023 in order to assist RMG transition to a new Chair.
Roger Lewis has been on the RMG Board for over 10 years during which time RMG has increased its licence fees and dividend payments to its racecourses from £45m to over £110m .
He joined the RMG Board in 2012 and was appointed Non-Executive Independent Chairman on January 1, 2019. He was due to step down in 2022 but has been asked by the Board to extend his tenure. A new Chair will be appointed in 2023.
Lewis, said: “RMG is in great shape, and it is an honour to be asked to continue to Chair the company. We have a strong board and an outstanding team of executives, led by CEO, Martin Stevenson, who together have delivered in spectacular fashion for our racecourses and indeed for the sport of racing.
“We are on track to exceed our record results of last year and we pay tribute to everyone in racing, and give thanks to our racecourses, for allowing RMG to manage their media and data rights across the world.”
Under Roger Lewis’s leadership RMG paid £110m to its racecourse shareholders in 2021. Those payments, earned through racecourses’ media and data rights, exceeded pre-Covid levels.
In the same year, RMG agreed British racecourse licence extensions for audio-visual and data rights for a new five-year term until December 31, 2028.
RMG has also been entrusted with significant broadcast rights of Irish racing since 2019, when Racing UK relaunched as Racing TV, with the strapline of “The best of British and Irish racing.”
RMG is 100% owned by its racecourse shareholders and pays 100% of operating profit back to racecourses, which, in turn, benefits the sport. This collective and collaborative approach has enabled RMG’s businesses to become the biggest single funder of British horseracing.
On the back of that approach and with long-term certainty and confidence in the business, media rights and data revenues are, this year, tracking to exceed 2021’s payments to shareholders.
Nevin Truesdale, CEO of Jockey Club Racecourses, chief shareholder in RMG, said: “I would like to pay tribute to Roger Lewis for a very effective and successful stewardship of RMG, a business which is of fundamental importance to the financial performance of racecourses and therefore to the whole sport of horseracing.
“Under Roger’s leadership, we have faced a number of challenges, in particular during the Covid pandemic, where the robustness of the RMG model was critical to maintaining racecourse financial stability in the absence of other revenue streams for a sustained period. Roger’s influence in establishing long-term deals with key commercial betting and broadcast partners during his tenure has also been hugely positive. On behalf of everyone at the Jockey Club, I would like to thank Roger for all he has done for the business.”
Martin Stevenson, CEO of RMG, added: “We are delighted Roger Lewis has agreed to stay on for almost another year. Roger has been instrumental in the development and success of RMG over the last decade and I very much look forward to continuing to work closely with Roger and the Board as we continue to invest and develop our media assets and new products. Innovations, such as enhancements on the channel – headlined by the virtual ‘green screen’ studio – the Watch & Bet product, ultra-low latency pictures, the investment in on-screen timing data graphics, and capturing the in-play opportunities are all key to the business’s continued success.
“These workstreams, allied to growing our social media audience, securing increased ITV coverage and enhancing international exposure and revenues, will contribute to directing more eyeballs on to our racing and therefore will drive betting turnover, subscriptions, and sponsorship opportunities for the sport. RMG is one the most successful sporting and media rights companies in Britain and Ireland and I look forward to working with Roger in 2023 to take RMG to even greater heights.”
Roger Lewis has held senior positions at the BBC, ITV, Classic FM, EMI and Decca and was GCEO of the Welsh Rugby Union and the Millennium Stadium for nine years. He has held and holds a number of senior positions in the cultural sector for the UK and Welsh Governments.
Industry News
Double win for Kaizen Gaming at the SBC Awards Latinoamérica 2024
Kaizen Gaming, one of the biggest GameTech companies in the world, had an impressive double-win at the SBC Awards Latinoamérica 2024 on the 31st October in Miami, Florida. Awarded ‘Brazilian Market Entrant of the Year’, and ‘Marketing Campaign of the Year’, the two wins follow an impressive year of growth and exposure for Kaizen Gaming, as well as its premium brand Betano, across Latin America and globally.
Betano is rapidly growing its user base and presence in Brazil, serving as the main and title sponsor of Brasileirão Betano and Copa Betano do Brasil. As a founding member of the ANJL and IBJR regulatory bodies, Betano is recognised for its dedication to upholding the highest standards of responsible gaming and integrity. Furthermore, the Betano brand has launched multiple CSR initiatives across the country in partnership with sponsored team, Clube Atlético Mineiro. It also recently launched the “Juntos em Campo” long-term program in cooperation with CBF (Brazilian Football Confederation) to promote initiatives focused on gender equality.
Awarded for the results and creativity of its innovative “Football in America” marketing campaign, Betano successfully introduced Latin America to its “Confia” brand platform by leveraging on its CONMEBOL Copa America 2024 sponsorship. The campaign chimed with the spirit of fans across the continent by celebrating Latin America’s rich football heritage, playfully responding to Kylian Mbappe’s 2022 comments questioning the region’s football quality.
Vangelis Skarkalis, Kaizen Gaming Senior Commercial Director LATAM, said: “Latin America is one of the world’s most dynamic and exciting regions for i-gaming. Being recognised as a leading player in this important market with two wins at the prestigious SBC Awards Latinoamérica is a great honour – especially on the heels of our recent double-win as ‘Operator of the Year’ at both the EGR Operator Awards and SBC Awards. Achieving this success requires an exceptional team of dedicated, ambitious professionals. This award honours everyone’s hard work and commitment to always going above and beyond in delivering the best experiences for our customers not only in Latin America, but worldwide too.”
Latest News
Amusnet Teams Up with Betcity.nl for Market Expansion in the Netherlands
Amusnet proudly announces its partnership with the Netherlands operator Betcity.nl, marking a key step in strengthening its presence within the Dutch market. This collaboration combines Amusnet’s dynamic gaming content with Betcity.nl’s established reputation for providing exceptional online experiences to Dutch players. The partnership promises to offer an enriched gaming selection while maintaining the highest compliance standards in the Netherlands’ regulated market.
“Teaming up with Betcity.nl represents an exciting and strategic opportunity for Amusnet to bring forward our portfolio to the Dutch market in collaboration with a trusted local brand. We are motivated to jointly enhance the gaming experience with high-quality content that aligns with local players’ preferences,” said Dimitri De Temmerman, Managing Director Amusnet BNL.
The post Amusnet Teams Up with Betcity.nl for Market Expansion in the Netherlands appeared first on European Gaming Industry News.
Balkan's
BEGE celebrates 15 years as Eastern Europe’s premier gaming expo
The most significant event for the gaming industry in Eastern Europe – the Balkan Entertainment & Gaming Expo (BEGE) – will bring together leading companies, innovators, and industry representatives on November 27 and 28 for its 15th-anniversary edition. In celebration of this milestone, the organizers have prepared numerous surprises and special awards.
Once again, BEGE will offer a rich program, uniting industry leaders, investors, and successful entrepreneurs to share ideas, technologies, and inspiration. Visitors will have a unique opportunity to explore the latest gaming technologies, try out innovative solutions, and enjoy impressive demonstrations.
Traditionally, the first and second days of the event feature the EEGS conference, where internationally recognized speakers will present analyses and discussions critical to the development of the gaming industry. Special panels will provide a platform for leading gaming experts to discuss the future of the industry, emerging trends, and initiatives promoting responsible gaming practices.
For the first time, BEGE will welcome startups, offering them the opportunity to participate in Gaming StartUp Challenge 6.0. This challenge provides a unique opportunity to meet with key industry figures. The most promising startups will be recognized and granted invaluable access to the experience and insights of industry leaders.
As always, the exhibition begins with the BEGE Awards ceremony, a symbol of recognition for innovation, outstanding achievements, and success across various sectors of the gaming industry, with awards such as “Online Provider of the Year” and “Online Game of the Year.” The awards will be presented on November 26 at an elegant dinner at Black&White club in Sofia’s Grand Hotel Millennium.
A key highlight of the program is the Proximity Zone, providing companies with additional visibility through live-streamed interviews and product presentations with leading global brands and experts.
BEGE is a must-attend event for anyone with an interest in the gaming industry. This year, more than 80 exhibitors and over 6,000 visitors from 70 countries are expected, making it a place where the passion for gaming and innovation meets business opportunities.
The post BEGE celebrates 15 years as Eastern Europe’s premier gaming expo appeared first on European Gaming Industry News.
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