UK’s Greyhound Racing Could Get New Legs Through Entain Joint Venture

Greyhound racing may be running come out of toughness inward many parts of the world, but Entain wants it to thrive. It latterly launched a young racing initiative inward the UK, to which it decreed nobleman Saint David Lipsey as its chairman.

Greyhound racing is receiving a lot of backlash around the world. Initiatives are inwards position in the US and other countries to forbiddance the activity for the welfare of the canines. Scotland recently joined the listing of jurisdictions that are trying to stopover the races.

Gaming company Entain wants to go inwards the opposite direction.

It announced this past Dec a articulate hazard with the Arena Racing Company (ARC) inward the UK to enhance greyhound racing. Spearheading the initiative will follow nobleman St. David Lipsey, according to an update, who previously served as the chairman of the former Brits Greyhound Racing Board (BGRB).

Rebirth of Greyhound Racing

Entain admits that ane of the reasons for the creative activity of the unexampled Premier Greyhound Racing (PGR) organization is to increase revenue streams for operators. However, it also sees this as an chance to direct and surmount some of the objections, such as the welfare of the animals.

PGR testament get the best interests of the dogs inward mind. At the same time, it hopes to revitalize an manufacture that has been inwards a say of decline for more than a decade.

The racing system plans on holding its for the first time races inward Jan 2024. It already began holding pilot races late finally year, including the £20,000 (US$24,976) Premier Greyhound Racing Golden Jacket at Crayford this past tense February.

It is preparation on edifice up its list to around octonary to 10 races for now. PGR testament and then coordinate with 14 of the 20 functionary tracks inwards the UK inward purchase order to schedule and legion the competitions once the operations are inward full swing.

Entain and ARC will initially position upwardly £2.5 billion (US$3.12 million) inwards value money. They make also agreed to create donations for greyhound welfare research projects

Lipsey Ready for the Challenge

Lipsey, who testament function as the chairman of the unexampled entity, is sure-footed that PGR testament get hold of its goals. He points come out that greyhound racing is non only when a tradition in the UK, but it is the sixth-largest looker sportsman in the country.

Premier Greyhound Racing believes that it has a immense possible both as a feature and a betting market, offering stakeholders a sustainable and commercially valuable product inward the long term,” stated Premier Greyhound Racing chairman nobleman David Lipsey.

Lipsey describes himself as a “supporter of greyhound racing” and an enthusiast with o'er a half-century inward the business. He has owned several racers, and was antecedently a legal guardian of the Retired Greyhound Trust before it rebranded itself to the Greyhound Trust.

Among Lipsey’s achievements is a trade from fin years agone that led to a unexampled arrangement 'tween Greyhound Racing and sports betting operators. As a final result of his negotiations, the sport’s revenue increased past £2 meg (US$2.5 million).

Reinvigorating the industry on the face of it won’t be an promiscuous task. In the 1940s, the UK had o'er 200 race tracks. By 2017, the figure was simply 25. The keep down is allay dropping, too – there are at present 23, according to Goodwin Racing. The split: 19 are inwards England, II are in Scotland, and Cymru and Northern Republic of Ireland experience I each.