RMG CEO Martin Stevenson

A total of £117.6 million will be paid to racecourses from their media and data rights generated by Racecourse Media Group (RMG) in 2022. This amount was £110m in 2021. The payments are derived from a range of RMG businesses including both digital (streaming and TV) and concrete (betting shops) among others. Roger Lewis, the Chairman of RMG, said, "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. The results are a testimony and tribute...

Racecourse Media Group (RMG) has agreed to five-year licence extensions for audio-visual and data rights for its British racecourses, the company announced on Thursday.  A total of 35 UK racecourses have their LBO rights renewed, and 33 UK racecourses were renewed for all other aspects of their media rights, including streaming (watch & bet), direct to home (DTH), terrestrial TV and international betting and non-betting through Dec. 31, 2028. Owned in its entirety by racecourse shareholders, RMG pays 100% of operating profit back to racecourses, and as a result, it...