Following the resignation of Fred Teeven the former Nederland’s Secretary of State Justice in regard to allegations of misleading the parliament in a compensation claim in 2001 to a convicted drug trafficker the newly appointed replacement Klass DiJkhoff has promised to ensure that online gambling regulation and licensing will continue forward while he is in office.
Fred Teeven widely regarded as the creator of the Nederland’s online gambling bill retired following the allegations and fears amongst supporters for online gambling in the country were that it would now be stalled have be laid to rest following DiJkhoff’s announcement.
Speaking to Dutch media DiJkhoff stated that his office was committed to completing and processing the regulation of online gambling. The new secretary said that he supports all the provisions that have been put forward by his predecessor.
It is understood that some 200 online gambling operators have expressed interest in taking part in any legalised online gambling that is allowed in the country. Estimates say that over 1 million Dutch nationals play online with unregulated online gambling sites at present.
April 14, 2015
Australia to generate over $6 billion in gambling revenues
New research has shown that Australia will generate over $6 billion a year in gambling revenues by the end of this decade. Fuelled by a growing Asian market and a VIP market moving to new locations IBISWorld the market research company say that Australia has the potential to generate $6.2 billion a year by 2021.
“IBISWorld believes the opening of these new casinos is reflective of strength in an industry being bolstered by high levels of domestic spending as well as increasing levels of foreign gambling dollars,” it said.
Australia has not had a new casino since 1996, when the Reef Hotel Casino opened in Cairns, IBISWorld senior industry analyst Spencer Little said.
However with James Packer building his $1.3 billion Barangaroo on Sydney Harbour resort and the $8.2 billion Aquis Great Barrier Reef Resort on the Gold Coast the estimates of revenues reaching $6 billion a year may not be that far from reality.
“Both groups have signalled their intention to build luxurious, resort-style casinos to attract wealthy VIP gamblers from south-east Asia,” Mr Little said.
The resorts will both be up and running by 2019 and the estimates for making the $6 billion will all depend on the success of both resorts.
“IBISWorld believes the opening of these new casinos is reflective of strength in an industry being bolstered by high levels of domestic spending as well as increasing levels of foreign gambling dollars,” it said.
Australia has not had a new casino since 1996, when the Reef Hotel Casino opened in Cairns, IBISWorld senior industry analyst Spencer Little said.
However with James Packer building his $1.3 billion Barangaroo on Sydney Harbour resort and the $8.2 billion Aquis Great Barrier Reef Resort on the Gold Coast the estimates of revenues reaching $6 billion a year may not be that far from reality.
“Both groups have signalled their intention to build luxurious, resort-style casinos to attract wealthy VIP gamblers from south-east Asia,” Mr Little said.
The resorts will both be up and running by 2019 and the estimates for making the $6 billion will all depend on the success of both resorts.
Kyrgyzstan bans gambling & advertising of alcohol in new law
Kyrgyzstan has now signed into law banning all forms of gambling including but not limited to online gambling, bookmakers and casinos, following President Almazbek Atambayev signing the decree into law this week.
The parliament voted on banning gambling back in February and now with the President signing the decree means that all forms of gambling and advertising of gambling and smoking along with alcohol is also banned immediately.
Changes and additions made to the Law “On the prohibition of gambling activities in the Kyrgyz Republic,” the Tax Code, the Criminal Code, the Civil Code, the laws “On licensing system in the Kyrgyz Republic,” “On prevention of terrorism financing and illegal legalization (laundering) of proceeds,” “On Advertising.” Said the government. “The law eliminates the basis for the creation of conditions of adverse impact on the moral and mental state of people who are fond of gambling, especially the younger generation of Kyrgyzstan. In their view advertising is designed to build and maintain an interest in alcohol and tobacco products, as well as contribute to its implementation. It is aimed at reducing the number of financial offenses, reducing the crime situation in the country, the prevention of social problems caused by gambling minors and vulnerable segments of the population. Said an official.
The parliament voted on banning gambling back in February and now with the President signing the decree means that all forms of gambling and advertising of gambling and smoking along with alcohol is also banned immediately.
Changes and additions made to the Law “On the prohibition of gambling activities in the Kyrgyz Republic,” the Tax Code, the Criminal Code, the Civil Code, the laws “On licensing system in the Kyrgyz Republic,” “On prevention of terrorism financing and illegal legalization (laundering) of proceeds,” “On Advertising.” Said the government. “The law eliminates the basis for the creation of conditions of adverse impact on the moral and mental state of people who are fond of gambling, especially the younger generation of Kyrgyzstan. In their view advertising is designed to build and maintain an interest in alcohol and tobacco products, as well as contribute to its implementation. It is aimed at reducing the number of financial offenses, reducing the crime situation in the country, the prevention of social problems caused by gambling minors and vulnerable segments of the population. Said an official.
Safecharge & Tain sign deal
afeCharge has announced it has sealed a partnership deal with TAIN AB, a turnkey solution provider for the e-gaming industry.
TAIN a developer of platforms and online gaming solutions since 1999, has recently opened up a number of new international markets. Thanks to SafeCharge’s network of alternative payment methods, TAIN will now give its White Label licensees access to a variety of local and alternative payment methods.
Via these methods, TAIN will be able to markedly boost its reach, optimise conversion rates, and (of course) to generate higher revenues. SafeCharge was selected to provide payment services and risk solutions because of its strength in fraud prevention, payment processing and rapid integration. On top of the payment facilities, a special fraud screening profile has been designed for TAIN according to the company’s risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN’s risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thus cutting the rate of chargebacks and eliminating potential fraud attacks.
“Our partnership with TAIN to improve the player’s deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel,” comments David Avgi, CEO, SafeCharge.
“TAIN is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies.” Christer Fahlstedt, CEO, TAIN: “SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market. This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players.”
TAIN a developer of platforms and online gaming solutions since 1999, has recently opened up a number of new international markets. Thanks to SafeCharge’s network of alternative payment methods, TAIN will now give its White Label licensees access to a variety of local and alternative payment methods.
Via these methods, TAIN will be able to markedly boost its reach, optimise conversion rates, and (of course) to generate higher revenues. SafeCharge was selected to provide payment services and risk solutions because of its strength in fraud prevention, payment processing and rapid integration. On top of the payment facilities, a special fraud screening profile has been designed for TAIN according to the company’s risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN’s risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thus cutting the rate of chargebacks and eliminating potential fraud attacks.
“Our partnership with TAIN to improve the player’s deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel,” comments David Avgi, CEO, SafeCharge.
“TAIN is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies.” Christer Fahlstedt, CEO, TAIN: “SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market. This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players.”
Amaya Gaming name new COO & CMO
Amaya Gaming has announced a shuffle of senior executives at The Rational Group of companies namely PokerStars & Full Tilt Poker with a new Chief Operating Officer and Chief Marketing Officer.
Israel Rosenthal will become the new chief operating officer, with Gino Appiotti taking on the role of chief marketing officer.
Both new placements have come from within the owning company of Amaya Gaming with
Rosenthal previously serving in various operations at Rational prior to his appointment to his new position, with Appiotti, who served for three years as president of Southern European for Rational.
Alex Payne the previous CMO is moving to Ebay’s European business and Ashkenazi is moving into the wider Amaya Gaming business.
Israel Rosenthal will become the new chief operating officer, with Gino Appiotti taking on the role of chief marketing officer.
Both new placements have come from within the owning company of Amaya Gaming with
Rosenthal previously serving in various operations at Rational prior to his appointment to his new position, with Appiotti, who served for three years as president of Southern European for Rational.
Alex Payne the previous CMO is moving to Ebay’s European business and Ashkenazi is moving into the wider Amaya Gaming business.
April 03, 2015
Man Utd v Liverpool: The 1915 Good Friday betting scandal
Manchester United against Liverpool is one of football's most intense rivalries but few have been as controversial as Good Friday 1915, when one of British sport's worst betting scandals took place.
Manchester United against Liverpool is a match which rarely fails to deliver some element of controversy. But the recent Steven Gerrard 38-second red card has nothing on the tie between the clubs 100 years ago.
On that day, there were "two matches going on at once" during a crucial bottom of the table clash at Old Trafford.
After an approach by a third party, some players from both sides hatched a plot to rig the game for a 2-0 home win, which eventually saw United avoid relegation.
"There was the realistic possibility of relegation for both of the sides - so it was an important match," says Graham Sharpe, a sports writer who has researched the fixture.
"It was overshadowed by the First World War, which had been raging for several months, and you could make the case that those players thought to themselves, 'when this season has finished, there may not be one to follow'."
Many footballers had already signed up to fight, while others played on.
There were rumours about the honesty of the tie, even before kick-off.
There were eyewitness accounts of the two sets of players meeting up in Manchester pubs to discuss the outcome, before bets were placed at up to 8/1.
Bookmakers were naturally suspicious if they saw "significant amounts of bets" on one particular outcome or score, Mr Sharpe says.
A crowd of up to 18,000 witnessed one of the fixture's most extraordinary passages, when United were 1-0 up and won a penalty.
Patrick O'Connell, a centre half and the side's captain, stepped up and hit it so far wide it nearly hit the corner flag, according to match reports.
Mr Sharpe explains: "From all reports, he walked back up the pitch laughing as he thought 'well it doesn't matter, we can get another goal whenever we want one'."
There are accounts of a dressing room row at half-time, with some players who were not in on the plot threatening not to come out for the second half.
And after United got a second goal, the bet was nearly ruined when Liverpool forward Fred Pagnam hit the crossbar.
"A number of his teammates gestured angrily towards him," Mr Sharpe says.
"It's almost as if there were two matches going on at once."
Suspicions were raised almost immediately after the game, with an inquiry announced shortly afterwards.
Later that year, Liverpool players Tom Fairfoul, Tom Miller, Bob Purcell and Jackie Sheldon and United's Enoch West, Sandy Turnbull and Arthur Whalley received lifetime bans.
Lawrence Cook, of Chester, and Manchester City's Fred Howard were also banned for their parts in the scam.
The Football Association said the players had "sought to undermine the whole fabric of the game and discredit its honesty and fairness."
Players were then called up to fight in the war.
When they returned, many had their bans lifted in recognition of their war efforts, while Turnbull received a posthumous pardon as he was fatally wounded at Arras in 1917.
However, Enoch 'Knocker' West, who had refused to admit his role in the plot and even sued the FA for libel, was not pardoned and remained banned from football for 30 years.
A recent campaign to clear his name has stalled because the FA said his documents were lost.
Alex Jackson, Collections Officer at the National Football Museum, thinks the player's motivations for the plot could be similar to that of the US baseball players involved in the 1919 Black Sox scandal.
He said footballer's wages had fallen after the outbreak of war and - similar to the Chicago White Sox players - financial reward was the aim.
Mr Sharpe believes it was "a combination of 'let's stick two fingers up to authority' and 'let's cover ourselves in the event of losing our livelihoods or in fact our lives".
Mr Jackson said: "It was probably the biggest scandal of the time as it involved quite a number of players and two of the biggest clubs in the league.
"It is interesting that the players were approached by a third party to arrange the scam, but they were never found out".
Mr Sharpe said the match changed the way the British betting industry operated.
"It was the first major case of its type and will have made the authorities wary of this sort of behaviour. For that reason, it will never be completely forgotten."
Manchester United against Liverpool is a match which rarely fails to deliver some element of controversy. But the recent Steven Gerrard 38-second red card has nothing on the tie between the clubs 100 years ago.
On that day, there were "two matches going on at once" during a crucial bottom of the table clash at Old Trafford.
After an approach by a third party, some players from both sides hatched a plot to rig the game for a 2-0 home win, which eventually saw United avoid relegation.
"There was the realistic possibility of relegation for both of the sides - so it was an important match," says Graham Sharpe, a sports writer who has researched the fixture.
"It was overshadowed by the First World War, which had been raging for several months, and you could make the case that those players thought to themselves, 'when this season has finished, there may not be one to follow'."
There were rumours about the honesty of the tie, even before kick-off.
There were eyewitness accounts of the two sets of players meeting up in Manchester pubs to discuss the outcome, before bets were placed at up to 8/1.
Bookmakers were naturally suspicious if they saw "significant amounts of bets" on one particular outcome or score, Mr Sharpe says.
A crowd of up to 18,000 witnessed one of the fixture's most extraordinary passages, when United were 1-0 up and won a penalty.
Patrick O'Connell, a centre half and the side's captain, stepped up and hit it so far wide it nearly hit the corner flag, according to match reports.
Mr Sharpe explains: "From all reports, he walked back up the pitch laughing as he thought 'well it doesn't matter, we can get another goal whenever we want one'."
There are accounts of a dressing room row at half-time, with some players who were not in on the plot threatening not to come out for the second half.
And after United got a second goal, the bet was nearly ruined when Liverpool forward Fred Pagnam hit the crossbar.
"A number of his teammates gestured angrily towards him," Mr Sharpe says.
"It's almost as if there were two matches going on at once."
Suspicions were raised almost immediately after the game, with an inquiry announced shortly afterwards.
Later that year, Liverpool players Tom Fairfoul, Tom Miller, Bob Purcell and Jackie Sheldon and United's Enoch West, Sandy Turnbull and Arthur Whalley received lifetime bans.
Lawrence Cook, of Chester, and Manchester City's Fred Howard were also banned for their parts in the scam.
The Football Association said the players had "sought to undermine the whole fabric of the game and discredit its honesty and fairness."
Players were then called up to fight in the war.
When they returned, many had their bans lifted in recognition of their war efforts, while Turnbull received a posthumous pardon as he was fatally wounded at Arras in 1917.
However, Enoch 'Knocker' West, who had refused to admit his role in the plot and even sued the FA for libel, was not pardoned and remained banned from football for 30 years.
A recent campaign to clear his name has stalled because the FA said his documents were lost.
Alex Jackson, Collections Officer at the National Football Museum, thinks the player's motivations for the plot could be similar to that of the US baseball players involved in the 1919 Black Sox scandal.
He said footballer's wages had fallen after the outbreak of war and - similar to the Chicago White Sox players - financial reward was the aim.
Mr Sharpe believes it was "a combination of 'let's stick two fingers up to authority' and 'let's cover ourselves in the event of losing our livelihoods or in fact our lives".
Mr Jackson said: "It was probably the biggest scandal of the time as it involved quite a number of players and two of the biggest clubs in the league.
"It is interesting that the players were approached by a third party to arrange the scam, but they were never found out".
Mr Sharpe said the match changed the way the British betting industry operated.
"It was the first major case of its type and will have made the authorities wary of this sort of behaviour. For that reason, it will never be completely forgotten."
April 02, 2015
PokerStars confirms Beta launch of sportsbook
PokerStars, the online gambling brand owned by Amaya Gaming, has confirmed the launch of its new sports betting platform in Beta mode.
PokerStars announced in January that its online sportsbook would launch ahead of schedule during the first quarter of this year.
The service went live on Tuesday and is currently only available in Beta mode.
A PokerStars source told the Pokernews.com website that the sportsbook would soon be available from internet browsers and mobile, as well as being fully integrated into the new PokerStars 7 client.
The beta launch is the last step before the sportsbook is officially launch in some selected markets – a move that is expected to take place within the next few months.
The launch comes after parent company Amaya Gaming posted heavy growth across its key financials for 2014.
In a statement accompanying the results, the firm said: “The corporation anticipates PokerStars will launch its beta version of its sports-betting product, available both on the web and in the PS7 client, in certain jurisdictions in the near future, with rollout to other markets across the dot-com network through the next two quarters of 2015.
“The company anticipates launching sports betting on mobile in 2015 as well.”
PokerStars announced in January that its online sportsbook would launch ahead of schedule during the first quarter of this year.
The service went live on Tuesday and is currently only available in Beta mode.
A PokerStars source told the Pokernews.com website that the sportsbook would soon be available from internet browsers and mobile, as well as being fully integrated into the new PokerStars 7 client.
The beta launch is the last step before the sportsbook is officially launch in some selected markets – a move that is expected to take place within the next few months.
The launch comes after parent company Amaya Gaming posted heavy growth across its key financials for 2014.
In a statement accompanying the results, the firm said: “The corporation anticipates PokerStars will launch its beta version of its sports-betting product, available both on the web and in the PS7 client, in certain jurisdictions in the near future, with rollout to other markets across the dot-com network through the next two quarters of 2015.
“The company anticipates launching sports betting on mobile in 2015 as well.”
Playtech acquires majority stake in TradeFX
Gaming software and services supplier Playtech has conditionally agreed to acquire a 91.1% stake in TradeFX, an online CFDs and binary options broker and platform provider.
The deal includes an initial cash payment of €208 million ($225.1 million) and an earn-out payment of up to €250 million based on future performance.
Playtech said the acquisition offers a “compelling opportunity” to enter the growing and complementary vertical driven by similar core competencies.
The company also noted that the deal is directly in line with its strategy to acquire “profitable, regulated, highly cash generative” businesses that hold “market-leading” positions.
TradeFX, which provides services in more than 100 countries around the world, posted earnings before interest, tax, depreciation and amortisation of $34.9 million in 2014, as well as a group margin of approximately 40%.
Mor Weizer, chief executive officer of Playtech, said: “In addition to being immediately and significantly earnings enhancing, the payment terms for the acquisition are weighted towards future financial performance of the business.
“TradeFX's proven management team has a strong cultural fit with our business and is incentivised to stay with the enlarged group.
“The acquisition adds weight to the strong momentum with which we have started the year and which has continued throughout the first quarter.
“Following the acquisition, Playtech will retain significant resources to continue to pursue further acquisition opportunities.”
The deal includes an initial cash payment of €208 million ($225.1 million) and an earn-out payment of up to €250 million based on future performance.
Playtech said the acquisition offers a “compelling opportunity” to enter the growing and complementary vertical driven by similar core competencies.
The company also noted that the deal is directly in line with its strategy to acquire “profitable, regulated, highly cash generative” businesses that hold “market-leading” positions.
TradeFX, which provides services in more than 100 countries around the world, posted earnings before interest, tax, depreciation and amortisation of $34.9 million in 2014, as well as a group margin of approximately 40%.
Mor Weizer, chief executive officer of Playtech, said: “In addition to being immediately and significantly earnings enhancing, the payment terms for the acquisition are weighted towards future financial performance of the business.
“TradeFX's proven management team has a strong cultural fit with our business and is incentivised to stay with the enlarged group.
“The acquisition adds weight to the strong momentum with which we have started the year and which has continued throughout the first quarter.
“Following the acquisition, Playtech will retain significant resources to continue to pursue further acquisition opportunities.”
NetEnt strikes Codere deal, secures UK licences
Online gaming content developer Net Entertainment (NetEnt) has announced that it has signed a licence agreement with Spanish gaming operator Codere, as well as confirming it has been granted licences to operate in the UK market.
Under the agreement with Codere, NetEnt will deliver a range of casino games to the operator’s online casino in Spain.
NetEnt is currently in the licensing process in Spain in the hope of launching its products and services in the country this year.
“Codere is a market leader in Spain, which is one of our prioritised countries when it comes to new regulated markets with strong growth potential,” NetEnt Malta managing director and chief of European market operations, Enrico Bradamante, said.
Meanwhile, NetEnt has also revealed that it has been awarded operating and software licences for the UK market by the UK Gambling Commission.
NetEnt has been operating under a temporary licence since the introduction of new regulation in the UK late last year.
Per Eriksson, president and chief executive officer of NetEnt, said: “This is a milestone for NetEnt and we are very pleased to have been approved for UK licenses by the UK Gambling Commission.
“Britain is the largest gaming market in Europe and is central for our growth strategy to expand on regulated markets.”
Under the agreement with Codere, NetEnt will deliver a range of casino games to the operator’s online casino in Spain.
NetEnt is currently in the licensing process in Spain in the hope of launching its products and services in the country this year.
“Codere is a market leader in Spain, which is one of our prioritised countries when it comes to new regulated markets with strong growth potential,” NetEnt Malta managing director and chief of European market operations, Enrico Bradamante, said.
Meanwhile, NetEnt has also revealed that it has been awarded operating and software licences for the UK market by the UK Gambling Commission.
NetEnt has been operating under a temporary licence since the introduction of new regulation in the UK late last year.
Per Eriksson, president and chief executive officer of NetEnt, said: “This is a milestone for NetEnt and we are very pleased to have been approved for UK licenses by the UK Gambling Commission.
“Britain is the largest gaming market in Europe and is central for our growth strategy to expand on regulated markets.”
April 01, 2015
UK jockeys allowed to wear individual betting sponsorship
The Board of the British Horseracing Authority (BHA) has approved a proposal from the Professional Jockeys Association (PJA) that the Code of Conduct regarding sponsorship of professional jockeys by bookmakers should be relaxed, on a trial basis.
Betting operators will now be permitted to sponsor individual jockeys, as opposed to the previous regulation which only permitted sponsorship agreements involving 50 or more jockeys.The Board provided approval of this at the end of 2014, and such deals will be permitted to commence as of 1 April 2015. The trial will be reviewed after nine months.
Sponsorship agreements will only be permitted with betting organisations with broad funding deals in place with British Racing, in particular those paying the full Horserace Betting Levy or equivalent through commercial or voluntary arrangements, including Additional Voluntary Contributions.
The terms of all such contracts will be subject to registration with and final approval by the BHA. The Rules preventing a jockey associating with betting organisation representatives on a racecourse remain in place and non-riding commercial agreements with betting organisations will continue to be registered separately.
Will Lambe, Director of Public Affairs and Policy for the BHA, said: “The move to permit sponsorship of individual jockeys by bookmakers will hopefully have a beneficial financial impact on riders at all levels. The previous regulations only allowed for block sponsorship of 50 or more jockeys by a bookmaker, and these terms obviously proved overly prohibitive as no such deals were signed. In approving this proposal the Board gave careful consideration to integrity concerns, particularly around perception. We have already permitted individual non-riding promotional deals with bookmakers for two years with no integrity or perception concerns having arisen, while bookmaker branding presence is of course already widespread on British racecourses.”
Nigel Payne, Chairman of the PJA: “We have been working closely with the BHA on this project for some time. We are particularly delighted as this offers new earning potential for our members and excellent sponsorship opportunities for bookmakers. We will be urging our members and their sponsors who enter new contracts to respect our ongoing arrangement with Stobarts. Co-existence with the Stobart posteria site will help protect this company’s immense contribution to the vital area of Career Ending Insurance, which addresses a significant issue of jockey welfare.”
Betting operators will now be permitted to sponsor individual jockeys, as opposed to the previous regulation which only permitted sponsorship agreements involving 50 or more jockeys.The Board provided approval of this at the end of 2014, and such deals will be permitted to commence as of 1 April 2015. The trial will be reviewed after nine months.
Sponsorship agreements will only be permitted with betting organisations with broad funding deals in place with British Racing, in particular those paying the full Horserace Betting Levy or equivalent through commercial or voluntary arrangements, including Additional Voluntary Contributions.
The terms of all such contracts will be subject to registration with and final approval by the BHA. The Rules preventing a jockey associating with betting organisation representatives on a racecourse remain in place and non-riding commercial agreements with betting organisations will continue to be registered separately.
Will Lambe, Director of Public Affairs and Policy for the BHA, said: “The move to permit sponsorship of individual jockeys by bookmakers will hopefully have a beneficial financial impact on riders at all levels. The previous regulations only allowed for block sponsorship of 50 or more jockeys by a bookmaker, and these terms obviously proved overly prohibitive as no such deals were signed. In approving this proposal the Board gave careful consideration to integrity concerns, particularly around perception. We have already permitted individual non-riding promotional deals with bookmakers for two years with no integrity or perception concerns having arisen, while bookmaker branding presence is of course already widespread on British racecourses.”
Nigel Payne, Chairman of the PJA: “We have been working closely with the BHA on this project for some time. We are particularly delighted as this offers new earning potential for our members and excellent sponsorship opportunities for bookmakers. We will be urging our members and their sponsors who enter new contracts to respect our ongoing arrangement with Stobarts. Co-existence with the Stobart posteria site will help protect this company’s immense contribution to the vital area of Career Ending Insurance, which addresses a significant issue of jockey welfare.”
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