Two UK horse racing bodies, The Racing Partnership (TRP) and the Federation of Racecourse Bookmakers (FRB), have partnered, making prices from on course bookmakers represented by the FRB available for the exclusive use of TRP.
The agreement will be effective from January 1, 2017 and will run for three years until the end of 2019. It will start at independent venues Lingfield Park, Doncaster, Southwell, Wolverhampton, Royal Windsor and Worcester. In future, the nine Arena Racing Company racecourse that are overseen by TRP, as well as the other seven independent racecourses of Fakenham, Ffos Las, Hexham, Newton Abbot, Plumpton, Ripon and Towcester, will be included.
“I am delighted the FRB and TRP have been able to agree this deal, that has enabled us to provide TRP with the data generated by the leading on-course bookmakers who operate across the TRP estate,” commented Robin Grossmith, director at FRB. “We look forward to working with TRP going forward.”
This is not the first deal of its kind that TRP has signed, following on from one signed earlier this year with the British Racecourse Bookmakers Association (BRBA). These deals give TRP access to prices from on course bookmakers across all 22 of its racecourses across the UK. The FRB, which was founded in 2003, created an umbrella organisation that encompassed the Association of Racecourse Bookmakers, the National Association of Bookmakers and the Rails Bookmakers Association.
“TRP has always wanted to contract with all on course bookmakers that stand on its racecourses,” said Mark Kingston, Director of the Racing Partnership. “The agreement with the FRB, together with the deal with BRBA announced earlier in the year, means exactly that. TRP will be the only source of official race day data to the off-course market.”