Tag: RMG

Racecourse Media Group names Dowding as chief betting officer

Racecourse Media Group (RMG) has announced the appointment of Ben Dowding to the new role of chief betting officer.

Dowding takes up the position following the merger of the organisation’s domestic and international betting teams. He was previously director of betting at Racecourse Media Group.

RMG took the decision to combine its teams as more bookmakers are approaching rights acquisition on a global basis. Dowding will now oversee the enlarged team, taking on the new role with immediate effect.

Dowding is a long-serving member of the RMG team having joined the business in March 2013 as head of partnerships. He went on to become head of B2B and then director of betting, holding the latter role for more than six years.

Prior to his time with RMG, Dowding worked for The Jockey Club. Here, he spent time as sponsorship manager and regional sponsorship manager.

In addition, for the past three years, he has combined his duties at RMG with serving as a non-executive director at BocaSpor..

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RMG to pay British racecourses £117.6m in rights proceeds

Racecourse Media Group (RMG) has announced it will pay £117.6m (€133.3m/$147.0m) to British racecourses from the sale of their media and data rights in 2022.

Payments were derived from a range of RMG businesses including via betting shops, online bookmaker streams, the Racing TV pay TV channel, international betting, non-betting distribution, the mainstream TV agreement with ITV and data sales.

The payment total represents a 6.9% increase from £110.0m paid out in the previous year.

“The RMG model has once again proved to be resilient and reliable – in the face of significant challenges – producing record results, and performing ahead of expectations,” RMG chairman Roger Lewis said.

“The results are a testimony and tribute to the vision and dedication of those racecourses who came together and stuck together to create, grow and develop the RMG business.”

Lewis will step down from the RMG board this year and will be replaced by former Flutter UK and Ireland chief executive Conor Gra..

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