Racecourse Media Group (RMG), the organisation managing media rights for 34 British racetracks and betting shop service provider Turf TV, has revealed that rights revenue for the courses rose to £74.4m in 2014.
This represented a 15 per cent increase from 2013, with the majority of revenue coming from Turf TV’s licensed betting office (LBO) rights, which generated £49.8m, up 10 per cent from 2013. Despite the higher income, RMG noted that earnings were affected by [...]
