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Racecourse Media Group Chairman Roger Lewis extends term until October 2023

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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.

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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.”

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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.

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“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.

 

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TaDa Gaming Redefines Spinning and Winning in Fruity Wheel

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TaDa Gaming is continuing its ‘classic with a twist’ approach to slots in new release Fruity Wheel. With five reels, three rows and 243 ways to win, this innovative take on a classic fruit delivers Lucky 7s, watermelons and oranges all in a row, while the Royals ensure engagement through frequent win potential.

The mix of traditional features and innovative elements puts Fruity Wheel in a league of its own. With Diamond Wilds, a Lucky Wheel giving generous Multipliers and Expanding Wilds in the Free Game, players will be entranced from the first spin.

Trigger the Lucky Wheel with three Diamond Wilds and see if your luck brings you multipliers from 2x, 3x, 5x, 7, 10x to 17x or the Free Game. If you land the Free Game, not only do you receive eight free spins but the segments within the Lucky Wheel will change to multipliers offering a whopping 27x or 37x your win during the round. Even better, the Lucky Wheel will re-activate with just one Diamond Wild.

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Revealing TaDa’s signature style, this is a super dynamic Lucky Wheel, as an inner wheel of Expanding Wilds can randomly transform symbols across the grid, covering up to three positions at any one time and further maximizing the wins.

Stunning visuals and humorous design features, from the chains holding down the Wilds to the spotlights on wins, add to the overall immersive experience. Classic symbols and fruit machine style gaming is elevated by the maths model giving final win totals of odds multiplied by wager level.

Sean Liu, Director of Product Management, TaDa Gaming, said: ‘TaDa is known for its exciting slots but Fruity Wheel has taken this another step further through increasing anticipation for the Free Game bonuses. We are confident this mix of classic style fruit machine with multiple and innovative ways to win will appeal across all audiences.’

The post TaDa Gaming Redefines Spinning and Winning in Fruity Wheel appeared first on European Gaming Industry News.

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DFL and Tipico Extend Partnership Until 2029

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Tipico, Germany’s leading sports betting provider, will continue as the Official Partner of the Bundesliga and 2. Bundesliga. Before the end of the current agreement, Tipico and the DFL (Deutsche Fußball Liga) have agreed to extend their partnership, which began in 2018, through to the end of the 2028/29 season.

As part of this agreement, Tipico will continue to use the logos of both competitions and the two Meisterschalen (championship trophies) in its advertising. The company will also retain its extensive advertising rights, including first-access rights included in DFL’s media contracts, as well as a “Matching Offer Right” for all special advertising formats with national partners, and exclusivity within the industry. Tipico will also be integrated into digital Bundesliga platforms.

“We’re thrilled to extend this long-standing collaboration built on mutual trust. Over the years, Tipico has proven itself as a highly professional and reliable partner with a deep passion for football,” said Tobias Thöne, Director of Commercial Partnerships at Bundesliga International GmbH.

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Kajetan Strini-Brown, Director of Sports Brand at Tipico, said: “We’re incredibly proud to continue our partnership with the Bundesliga and 2. Bundesliga! German football is at the heart of what we do, and that passion has always been deeply embedded in our DNA as a company. This extension is a key part of our strategic partnerships, which also include the DFB-Pokal, another major German football brand. Sponsorship, and the visibility it brings, plays an important role in guiding customers to the legal market.”

As outlined in the State Treaty on Gambling, the possibility to promote sports betting is an essential tool for guiding the deeply human drive to gamble into regulated and monitored channels. This plays a critical role in ensuring proper regulation of sports betting while counteracting illegal offerings. For more than 20 years, Tipico has been offering innovative, user-friendly, and secure sports betting products and has become the most popular brand for sports betting in Germany. In addition to continuous product development, Tipico has been working on modern player protection strategies for the last 15 years. The DFL has also long been committed to preventing match-fixing and gambling addiction in German professional football.

The post DFL and Tipico Extend Partnership Until 2029 appeared first on European Gaming Industry News.

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SOFTSWISS Game Aggregator Surpasses 27,800 Games

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SOFTSWISS, a leading iGaming software provider, has shared new performance results for its Game Aggregator, highlighting its position as one of the largest and most diverse content hubs in the industry. The platform now offers over 27,800 games from more than 280 providers, reinforcing its reputation as a top-tier aggregator delivering an extensive and high-quality gaming portfolio.

One of the key priorities for the SOFTSWISS Game Aggregator is the continuous expansion of both the quality and quantity of its game content. With a global presence, the platform ensures its diverse portfolio caters to player preferences across multiple regions while adhering to various regulatory requirements.

Localisation remains a critical success factor in the iGaming industry, according to the recent iGaming Trends Report. To meet this demand, SOFTSWISS has significantly expanded its high-quality game selection, achieving a 67% portfolio growth in 2024 compared to 2023.

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In 2024, the total Bets Count placed through the Game Aggregator increased nearly fivefold compared to 2023, with a corresponding surge in Quarterly Total Bets Sum. This growth underscores the industry’s strong demand and leadership of the product.

SOFTSWISS demonstrates its technological excellence, offering 99.999% uptime, ensuring seamless operation and reliability for its partners. As a result, more operators are choosing the Game Aggregator as their preferred solution. The number of brands launching the product in 2024 increased by 33% compared to 2023.

Additionally, the Game Aggregator is expanding its geographical footprint. The SOFTSWISS Game Aggregator recently became the first to obtain certification in the Brazilian and Peruvian markets, marking a significant milestone in its global strategy.

“This has been an exceptional year for our team,” says Alena Bekus, Deputy Head of SOFTSWISS Game Aggregator. “We have achieved major milestones and are excited about what lies ahead. Yes, our numbers speak for themselves, but what truly defines us is our commitment to continuous innovation. Our philosophy is simple: never stop, always move forward. We are dedicated to enhancing our product, launching new features to boost player engagement, and ensuring that the top game providers and operators continue to choose SOFTSWISS as their trusted partner.”

According to a Kantar survey conducted in November 2024, the SOFTSWISS Game Aggregator received an 8.1 out of 10 satisfaction rating from its clients, further solidifying its reputation as a reliable and industry-leading solution.

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The SOFTSWISS team will be available to discuss partnerships in Brazil and other markets at the SBC Summit Rio on 25 to 27 February.

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

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