Latest News
Racecourse Media Group and HBA Media unite to maximise international media rights for British and Irish horseracing

Racecourse Media Group (RMG), responsible for a range of racecourses’ media rights businesses, is delighted to be collaborating with HBA Media, the pre-eminent horseracing media rights agency, to market and distribute British and Irish horseracing to an international audience, as part of a three-year representation agreement.
The new arrangement means HBA Media, working closely with RMG, will globally showcase RMG’s British and Irish portfolio, including feature events such as the Randox Grand National Festival, the Cazoo Derby Festival, the Qatar ‘Glorious Goodwood’ Festival, the Welcome to Yorkshire Ebor Festival, Longines Irish Champions Weekend and QIPCO British Champions Day. The international showpiece events – the Dubai World Cup Carnival and the Bahrain International Trophy – are also among the portfolio.
The deal complements HBA Media’s existing commercial agreements with Ascot Racecourse that incorporates the Royal Meeting as well as all their Flat and National Hunt racing, plus the very best overseas contests, such as the Lexus Melbourne Cup, the Breeders’ Cup, the Pegasus World Cup and the richest race in the world – the Saudi Cup, which has been granted valuable Group 1 status.
This new portfolio of top-class events forms an unrivalled year-long international racing calendar and a one-stop shop for broadcasters looking for premium horseracing.
Henry Birtles, Chief Executive of HBA Media, said: “Our new alliance with RMG as distribution partner for their premier British, Irish, Dubai and Bahrain racing further bolsters HBA Media’s ability to package the very best events from around the world under one umbrella, to the benefit of all federations we are fortunate to work with and represent. Through this aggregation of global rights, we can look forward to leveraging the unique nature of each individual event, driving a higher commercial outcome for the collective. Our broadcast clients have been eager for one consistent package of racing that covers 12 months of the year. We are delighted to be teaming up with the highly respected RMG and believe that this collaboration not only adds further weight to our offering, but it completes the circle.”
Martin Stevenson, Chief Executive of Racecourse Media Group, added: “HBA Media has consistently delivered significant value from international media rights over a 15-year period and we are delighted that, through the combined packaging of both our content sets, British and Irish racing can reach a greater global audience. The broadcast landscape remains a competitive market and, for horseracing to thrive, the need for a month-to-month compelling sporting calendar is now stronger than ever and something that this collaboration can effectively deliver.”
Gaming
SIA Player Media: Latvia’s Path to Safer Gambling: The Nation’s Success in Eradicating Illegal Online Gambling

SIA Player Media: As Latvia’s legal online betting and gambling market continues to flourish, industry experts predict a substantial gross profit of €172 million by 2025. The growth trend is already evident, with the market achieving €109 million in gross winnings in 2021 alone, representing an annual growth rate of 26% over the past three years. However, amidst this prosperity, a formidable challenge persists: the encroachment of illegal gambling sites.
Unveiling the Hidden Menace: The Surge of Illegal Online Gambling
Illicit online gambling sites have surreptitiously carved out much of Latvia’s gambling market. In 2021, these unregulated platforms raked approximately €33 million, undermining the legal sector’s revenue potential. The gravity of the situation becomes even more apparent when considering the impact on the state budget, which foregoes an estimated €3 million in tax revenue annually. If properly harnessed, these funds could bolster public services and support the nation’s development.
Government Takes Aim: Enforcing Stricter Regulations
Despite the challenges of illegal gambling, the future outlook is optimistic. Latvian authorities are steadfastly implementing stringent regulations to combat this burgeoning issue. The Lotteries and Gambling Supervisory Authority, the apex regulatory body overseeing the gambling industry, wields the power to suspend licenses of any gambling organization in Latvia. This encompasses gambling operators, lottery organizers, gambling machine providers, and venue owners. Noncompliance with regulations can result in severe penalties, including license revocation and the restriction of business operations.
Empowering the Regulator: The Role of the Lotteries and Gambling Supervisory Authority
The Lotteries and Gambling Supervisory Authority plays a pivotal role in shaping the gambling landscape in Latvia. In addition to overseeing and controlling gambling and lottery organizers, the authority fulfills several crucial functions. These include:
- developing regulatory enactments,
- maintaining a comprehensive accounting and statistical analysis system,
- registering gambling machines and equipment,
- providing critical information to facilitate the administration of gambling and lottery taxes.
Moreover, the authority ensures the smooth operation of the unified gaming machine control system, employs online data exchange with gambling organizers for robust monitoring and manages the self-restricted persons register.
A Triumph Over Illicit Gambling: Collaborative Measures and Optimistic Projections
The Lotteries and Gambling Supervisory Authority stands against illegal online gambling, spearheading efforts to eliminate this menace from Latvia’s digital landscape. By enacting new laws and regulations, the authority aims to foster a healthier and more accountable online kazino market. Notably, the regulator is not alone in this battle. Banks actively block payments to illegal gambling companies and foreign casino IP addresses and impose fines on locals participating in illicit gambling activities. As a result, Latvia is witnessing a triumph over unlawful online gambling, and future projections are decidedly optimistic for the betting and gambling market.
Embracing a future of regulated and responsible online gambling, Latvia utilizes its thriving industry’s full potential while safeguarding its citizens’ interests and the integrity of its economy.
Latest News
SPOTLIGHT SPORTS GROUP WINS SPORTS DATA SUPPLIER AWARD AT THE 2023 EGR B2B AWARDS

Latest News
Kambi’s pioneering AI-powered trading wins sports betting innovation of the year at EGR B2B Awards

Kambi, the world’s trusted sports betting partner, underlined its market leadership yesterday evening when winning two prizes at the EGR B2B Awards 2023, including the accolade for Innovation in Sports Betting Software for its pioneering AI-driven trading capability.
Held at The Roundhouse in London, the EGR B2B Awards are among the most prestigious in the online gaming and sports betting industry, with the event also seeing Kambi retain the title of the leading Sports Betting Supplier for another year.
Kambi’s AI-driven algorithmic trading, launched ahead of the 2022 World Cup, has enabled Kambi to elevate its odds creation beyond that of any other sportsbook through the pricing and trading odds without human intervention.
Having since been rolled out across all top domestic soccer leagues and European cup competitions, this third-generation method of trading has delivered significant benefits for Kambi’s partners, including almost instantaneous publishing times and a far greater depth of markets.
The award marks the second consecutive year Kambi has won the Innovation in Sports Betting Software category at the EGR B2B Awards after its Bet Builder was awarded the same accolade last year.
David Jacquet, SVP Analytics at Kambi, said: “We are delighted that Kambi’s commitment to innovation and product excellence has been recognised by the EGR B2B Awards with these two awards, which are a testament to the hard work of our talented teams.
“Throughout the development of our AI-powered algorithmic trading capability, we’ve been committed to setting a new standard in sports betting, creating solutions that eliminate friction and deliver far greater betting options.”
The annual EGR B2B Awards are judged by a panel of experienced industry executives and independently adjudicated by professional services firm Deloitte.
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