Welcome!

News Feed Item

Turf TV increases market share in 2013 and returns £45m to horse racing

Turf TV today announces another year of market growth and significantly increased returns to British horse racing, demonstrating the continuing importance of quality horse racing to betting shops. It enters 2014 licensing more than 50% of all British horse racing fixtures.

Turf TV provides racing pictures to almost all the UK’s betting shops from 34 of the best British racecourses, including Aintree, Ascot, Cheltenham and York as well as from premier tracks in the United States including Santa Anita Park, Gulfstream Park and Pimlico Race Course.

2013 Highlights

  • Highest number of Turf TV subscribers ever, with more than 98% of the 10,450 British and Irish LBO market taking the service at the end of 2013.
  • Turf TV made payments of £45m to its 34 racecourses, with these payments representing more than 65% of all revenue generated by the business. This is a significant addition to the projected £76.6m contributed to all British racing via the 52nd Levy Scheme for 2013/14.
  • New long-term deals with Coral, Ladbrokes and William Hill came into force, which together represent more than 70% of the British market.
  • Independent bookmakers continue to sign up to Turf TV - the last large independent, Chisholm Bookmakers, with 48 licensed betting offices, committed to Turf TV in January 2013.
  • Ongoing product and content development to attract customers and drive revenues. In June 2013 Turf TV entered an agreement with the Stronach Group to provide quality US racing, specifically packaged for the UK market, and started broadcasting 5 nights a week from September 2013 (showing circa 14 races per evening).

Strong start to 2014

  • In January Turf TV signed an exclusive supply deal with William Hill for US horse racing coverage which precipitated a move to broadcasting US racing 7 nights a week – Turf TV is now broadcasting 10.30am -10.00pm every day.
  • For the first time, in 2014 Turf TV will carry over 50% of all UK fixtures, broadcasting 90% of all British Group and Graded races, including most of the key festival races from the UK’s leading racecourses.
  • In March Turf TV secured a long term deal with BetFred, which means over 85% of the LBO market is contracted to Turf TV until at least March 2018, which is the end of the current media rights cycle.

Simon Ellen, Chairman of Turf TV, said:

“Turf TV has driven significant growth since it entered the market in 2007 and has successfully consolidated its position, helping to ensure that quality horse racing remains at the heart of the British LBO.

“Against a challenging backdrop, Turf TV has developed both a strong product offering and established market share. We have also significantly increased the returns to racing, which the Turf TV Directors expect will increase in 2014. With the security of long-term deals with all our major customers, combined with new and innovative content offerings such as US racing, we are well-positioned going forward.”

Adrian Ford, Managing Director of Turf TV, said:

“This has been another year of significant achievement for Turf TV, reflected in our strong performance. British racing continues to be the most popular over-the-counter product in British LBOs and our high quality content has proved popular with our customers and punters alike. In keeping with this commitment to quality, in June we were delighted to enter an agreement with the Stronach Group to provide US racing coverage from more than 20 of the top US tracks.

“We begin 2014 in an excellent position, broadcasting 90% of all British Group and Graded races and, with the addition of US racing and following our deal with William Hill, broadcasting seven days a week, morning till night.”

Notes to Editors

Turf TV is the brand name of Amalgamated Racing Limited (AMRAC) which owns the live broadcast rights for 34 of the UK’s leading racecourses. AMRAC is a joint venture company owned 50-50 by Racecourse Media Services Limited and Timeweave Ltd. Turf TV provides TV pictures and data to betting shops in the UK and Ireland and broadcasts 90% of all British Group and Graded races, including most of the key festival races from racecourses such as Ascot, Newbury, York, Sandown Park, Cheltenham and Epsom. Turf TV has racecourse media rights agreements through to 2018 and long term contracts with major bookmakers in the UK and Ireland. In June 2013, Turf TV announced the agreement with The Stronach Group in the US, to bring the highest quality US racing to the UK betting shop market, specifically packaged for the UK market.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...