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Compliance Updates

RMG agrees media rights renewals with British racecourses

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Fakenham Racecourse to join Racecourse Media Group
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Racecourse Media Group (RMG) is delighted to announce it has agreed British racecourse licence extensions for audio-visual and data rights for a new five-year term.

The renewals cover 35 racecourses for their LBO rights and 33 racecourses for all other aspects of their media rights including streaming (Watch & Bet), direct to home (DTH), terrestrial TV and international betting and non-betting until December 31, 2028 .

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 ethos has seen RMG’s businesses become the biggest single funder of British horseracing.

It means the likes of the Randox Grand National Festival, Cheltenham Festival, Cazoo Derby Festival, Qatar Sussex Stakes and the Juddmonte International Stakes – which was awarded the Longines World’s Best Race accolade in 2020 – will remain in RMG’s portfolio until at least 2029.

 

With RMG adding all 26 Irish racecourses to its coverage in 2019, it means that five of the top 11 races run in the world last year were broadcast live on RMG’s channel, Racing TV, which is fronted by the two most recent HWPA broadcasters of the year, Nick Luck and Lydia Hislop.

 

Roger Lewis, Chairman of RMG, said:

“On behalf of the Board of Directors of RMG, I thank our shareholders for the trust and confidence they have once more placed in RMG.

“This is a pivotal moment for British racing. The RMG Racecourses, with a unity of purpose, have created business clarity and confidence for years to come. The certainty which this landmark, long-term agreement provides is very special for everyone involved in British racing.

“The RMG Board pays particular tribute to the outstanding leadership of the RMG CEO, Martin Stevenson, who together with his great team of RMG executives navigated this complex and detailed process with rigour, patience and clear focus.

“RMG now looks forward to serving its shareholder racecourses, which, in turn, benefits the sport of racing for the foreseeable future.”

 

Martin Stevenson, CEO of RMG, said:

“It is a matter of great pride that racecourses have placed their rights in RMG’s hands again. RMG has a superb team, who, from the production to the commercial offices, are committed to ensuring first-class output and long-term sustainable growth for our racecourses.

“This will be achieved by continuing to create innovative and different ways of bringing the sport to life and showcasing it to our broad range of audiences. This is also made possible by our much-valued media, technical, broadcast, commercial and bookmaking partners, and, of course, the owners, trainers, breeders, jockeys and stable staff.

“We look forward to continuing to work with Newbury on the remaining period of their term until 2024 and we wish them well thereafter.”

 

Nevin Truesdale, Chief Executive of The Jockey Club, which runs 15 UK racecourses including Aintree, Cheltenham, Epsom Downs and both tracks in Newmarket, said:

“RMG has consistently delivered significant value from media and data rights over a 17-year period and unlocked revenue streams in the betting space far more than any other sport. This has supported JCR’s ability to make significant investments into prize money and enhance the experience we offer to participants and customers.

“More recently, the income RMG has delivered to all its shareholder racecourses has been vital through the very difficult pandemic period without spectators and other on-course revenues. I am excited by many of the technology developments that lie ahead, particularly in the in-play betting space and further development of Watch & Bet. RMG has a really important role to play in our sport’s growth in the years ahead.”

 

Adam Waterworth, Sport Managing Director at Goodwood Estate, said:

“As one of the founding members of Racing UK in 2004, we are delighted to continue our relationship with Racecourse Media Group until 2029. RMG’s model of racecourse ownership gives racecourses complete control over the commercialisation of their media and data rights. Racing TV’s innovative production and award-winning presentation has taken racing broadcasts to the next level – and we are delighted our events will receive the world-class coverage they merit until at least 2029.”

 

Jeremy Martin, Executive Director of Salisbury Racecourse, said:

“Licence fees are a significant element of the executive contribution to prize-money and mean that we can continue investing in the facilities to improve our customers’ experience, where and when necessary. RMG has a long, proven record of delivering the best performance and we are delighted to renew for another five-year term.”

Compliance Updates

Dutch Regulator Imposes €400,000 Fine on TOTO Online

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Toto Online received a €400,000 fine from the gambling regulator in the Netherlands over breaches related to advertising to young adults.

The Kansspelautoriteit made the ruling after finding TOTO Online’s advertising between October 1, 2021 and February 1, 2022 included people aged 18-23 in its reach, with gambling companies in the Netherlands prohibited from targeting that age group.

TOTO Online did not breach the advertising rule after February 1, 2022.

René Jansen, chairman of the KSA, said that the law covering vulnerable groups, including young adults, “must be given extra protection.”

“Gaming providers must fully respect the rules intended to protect vulnerable groups,” he added.

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Compliance Updates

TonyBet expands and preparing to launch in the Netherlands next year

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TonyBet expands and preparing to launch in the Netherlands next year
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The company commented on the news about obtaining a license and announced plans for the next year

The online gambling operator TonyBet has received a license from the Dutch Gaming Authority (KSA) and can start operating in the Netherlands. The global operator now is preparing to launch next year. TonyBet will enter the Dutch market with a modern gambling platform tonybet.nl. Powered by the SoftLabs gaming platform, Tonybet will stand out from the crowd with its fast performance, new design and wide selection of games.

TonyBet offers sports betting services and an online casino and is based in the Netherlands with a local office in Utrecht. Next year, almost all products allowed in the Netherlands will be presented. Meanwhile, TonyBet will pay special attention to the football offers and various entertainment activities, such as the local football league.

«Adding the Dutch gambling license to our growing portfolio of local licenses was an important objective and we are very proud to have achieved it. Although the competition is very high, but still young in the Netherlands, we are sure that there is room for a strong local player with a distinctive approach. We want to accomplish this by not putting the focal point on the product, but also on what can our brand add to the total gambling experience, on- and offline. For now, all focus is on building a team in the Netherlands and assure a successful launch next year» – says Jesse Pas, Country Manager of TonyBet in the Netherlands.

TonyBet aims to become the world’s leading provider of quality sports betting and iGaming entertainment and has already obtained online gaming licenses in several countries: Spain, Portugal, the UK, Ireland, Canada, Latvia, Estonia, and Malta

«TonyBet’s development is focused on Canada, Spain, Portugal, UK and Baltic States. We are very excited to enter promising Dutch market. We are committed to providing players in Netherlands with safe, secure, innovative and exciting online gaming. We will adopt and implement our 12 years of international experience and best practices» – says Victor Troitsin, CEO of TonyBet Group.

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Compliance Updates

SIS awarded ESIC Gold Standards accreditation for Competitive Gaming offering

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SIS awarded ESIC Gold Standards accreditation for Competitive Gaming offering
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Endorsement marks out supplier as only esports betting events provider to officially meet new integrity measures

SIS (Sports Information Services), the leading multi-channel supplier of 24/7 live betting services, has been awarded the Esports Integrity Commission’s (ESIC) Gold Standards, the highest possible accreditation from the industry association.

The award sees SIS become the first esports betting events supplier to meet ESIC’s stringent new criteria, created to set unmatched levels of integrity and safety in the esports betting industry, for its Competitive Gaming portfolio (Esoccer, Ebasketball and CS:GO).

The purpose of the ESIC Gold Standard is to build on its existing principles by setting out a list of standards for tournament organisers, ensuring that events are run to the highest level of integrity and safety for the benefit of all stakeholders.

With stringent integrity measures in place, SIS Competitive Gaming follows best practice outlined by ESIC in addition to strict operational measures in place to ensure that each event is fair.

Each SIS Competitive Gaming head-to-head match, all of which take place from within SIS’ UK-based self-contained studios, is streamed live with experienced casters providing live in-game commentary. The streams take place through a secure platform that is exclusive to licensed operator sites where the age of the audience has been verified and is not available on open streaming services, meaning there is less danger of toxic messaging of the sort that is often carried on unlicensed sites.

All events are overseen by a dedicated ESIC-trained integrity referee and have a real-time link to SIS’ expert trading team, which closely monitors betting activity. Rigorous gamer competitiveness and predictability tracking measures are in place, through supremacy and volatility reporting, with all events taking place in a jurisdiction with well-respected legal and employment rights.

The new ESIC Gold Standards have been created to elevate transparency and impartiality, and required SIS to meet a number of rigorous requirements across the board, including:

  • No communication devices allowed anywhere in the gaming studios
  • Minimum of three employed personnel (independent from gamers) watching every event
  • Controlled fixed game settings to ensure fair and competitive play
  • Employees are fully background checked for criminal records, with references taken
  • Ensure all gamers are of sufficient skills and expertise to compete against other pro gamers.
  • ESIC anti-corruption code to be signed by all staff and gamers

SIS continues to work with ESIC to evolve the Gold Standards to improve Integrity and the visibility of clear tangible rules and standards by which tournament organisers should run events.

Adam Conway, Head of Esports & Competitive Gaming at SIS, said: “We are extremely proud to have received this new accreditation, which shines a light on the very high integrity and safety standards we have always put at the core of our Competitive Gaming offering.

“Our operator partners and their customers appreciate our high levels of integrity, such as visible referees invigilating every game, making us the only esports betting events supplier to do so.”

Ian Smith, Commissioner at Esports Integrity Commission, said: “ESIC’s new Gold Standards set heightened levels of integrity and safety in the Esports industry for the benefit of all stakeholders, and through ongoing assessment of SIS’ Competitive Gaming operations, which meet all the key integrity requirements, we are delighted to award SIS with ESIC’s Gold Standards, our highest possible accreditation”.

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