Arena Cacing Company acquires greyhound stadia from Will Hill
News on 24 May 2017
News on 24 May 2017
Arena Racing Company (ARC) will acquire Newcastle and Sunderland Greyhound Stadiums from William Hill PLC for an undisclosed consideration.
ARC will take over the operational running of both stadiums and responsibility for the 160 employees across the two sites. The stadiums host 520 greyhound racing fixtures a year, of which, 384 are part of the BAGS schedule.
In addition, ARC has joined Greyhound Media Group (GMG), who represent the media rights of twelve greyhound tracks, and around 70 percent of the greyhound fixtures shown in Licenced Betting Offices, through the Bookmakers Afternoon Greyhound Service (‘BAGS’).
“We are really delighted to have moved at pace and acquire the tracks and join our new partners at GMG as part of a long-term deal,” Martin Cruddace, chief executive of ARC said. “We very much look forward to working with the great teams at both stadiums and developing our relationship with the greyhound industry.”
