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Martin Stevenson to step down as Chief Executive of Racecourse Media Group at the end of 2024
Racecourse Media Group (RMG) has today announced that its Chief Executive, Martin Stevenson, has asked the Board to start the process of finding his successor. It is anticipated that Stevenson will step down from the role at the end of the year.
Stevenson, who joined RMG in 2007, has led the business since 2020 overseeing the delivery of record results for member racecourses while setting the business on a clear path of innovation to help secure future development.
Stevenson believes that the time is now right for the business to transition to new leadership and to put the foundations in place ahead of the next round of rights renewals. He will remain in post to lead the business in the coming months and work with the Board and Executive to manage the transition to his successor.
Martin Stevenson, CEO of RMG, said:“I have a significant birthday approaching and I think now is the right time for me to relinquish the role and enable the business to put in place its leadership in plenty of time ahead of the next rights renewal cycle.
“It has been a huge honour and privilege to have been involved in the RMG project. Having joined as Finance Director when it was still a start-up, to helping it grow to become the largest funding organisation in British horseracing, it has been an exciting and engaging journey. The business has achieved a great deal in reclaiming control of our racecourses’ media and data rights and has created real substantial commercial success for the industry, having now delivered more than £1.2bn to the industry.
“The industry undoubtedly has some challenges, but RMG is an excellent example of what can be achieved when the industry comes together in the right way with clear focus, commitment and good governance.
“I know I’ll be leaving RMG in great shape and with exciting innovation plans for the future that are in development now. I would like to thank the excellent team at RMG for all their hard work and passion in helping to make RMG such a success. I would also like to thank all our racecourses for their fantastic support and putting their faith in us to deliver for them.”
Conor Grant, Chair of RMG, said “Martin has made an enormous contribution to Racecourse Media Group over the last 17 years, serving with great distinction as Chief Financial Officer for 13 years and as Chief Executive since 2020.
“Having started with the business in its formative years, he has been at the forefront of its development, pushing the boundaries on innovation and committed to delivering for our shareholders. RMG has been a tremendous success in maximising the commercial rights for its shareholders and generating more than £1.2billion for its racecourse members and British racing. Martin has been integral to this success.
“He has been a great ambassador for RMG and leaves the business in rude health and with exciting plans to ensure our continued growth.
“I would like to thank Martin for his wonderful service and dedication to the business and, on behalf of the board and all RMG shareholders, we wish him every success in the future.”
Nevin Truesdale, Chief Executive of The Jockey Club, said: “It has been a pleasure to work with Martin as a trusted and highly respected colleague for over 10 years, in both the roles we have held in our respective businesses.
“The success of RMG in delivering significant incremental value to British Racing and enabling the Jockey Club and other shareholder racecourses to invest record amounts into prize-money and other investments over the last 20 years has been in no small part due to what Martin has delivered.
“He has played a key role in RMG’s undoubted success in increasing the value of British racing’s betting and data rights and I would like to thank him, on behalf of all of us at the Jockey Club and the other RMG shareholders, for all that he has done.
“It has also been pleasing to see the innovation which has started to come through as part of the development of Coursetrack, RaceiQ and other data-led initiatives in more recent times. This gives his successor and the great team at RMG a really good base on which to build and continue to deliver significant value for whole sport in the future.
“I would like to wish Martin every success in his future career and thank him, on a personal level, for the immense support he has given over the last few years.”
James Sanderson, Chief Executive of Thirsk and Catterick and RMG’s Small Independent Racecourse representative, said: “The success of RMG has been transformational for the Small Independent Racecourse grouping and Martin has been front and centre of that success.
“Martin has consistently raised the bar in terms of the value of racecourse media rights and he has steered the business through some challenging times with consummate skill; especially with regards to the rights-renewal cycles and in carefully managing the natural tension that emerges between RMG’s diverse shareholder base. The Small Independent Racecourse group owes Martin a huge debt of gratitude.”
Adam Waterworth Chief Executive of Goodwood and RMG’s Large Independent Racecourse representative, said: “On behalf of the large independents, I would like to place on record my thanks to Martin for all he has done for RMG and the racing industry throughout his time with the company.
“RMG has been transformational for all racecourses and through the investment that has enabled, all participants and the wider racing industry have benefitted. Martin and his team have constantly sought new and innovative ways to engage with our key customers, through products like RaceiQ, and that approach is set to continue.
“All of the Large Independent RMG racecourses wish Martin the best for the future and look forward to an exciting next chapter in the development of RMG.”
The post Martin Stevenson to step down as Chief Executive of Racecourse Media Group at the end of 2024 appeared first on European Gaming Industry News.
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GoldenRace, proveedor líder de premiados deportes virtuales y soluciones apuestas, ha presentado la última versión de su emblemático juego de números, Spin2Win & Spin2Win Royale. Reconocido por su sencillez, dinamismo y altas recompensas, este título se ha convertido en una pieza clave del portfolio de la compañía y en una herramienta de participación comprobada para operadores de todo el mundo.
Los juegos de números siguen siendo una de las verticales más sólidas dentro del mercado internacional de apuestas. Cifras de H2 Gambling Capital confirman que los productos de casino representaron en Europa 21.500 y 8.500 millones en ingresos brutos de juego (GGR) para los mercados online y retail respectivamente, en 2024. Sus reglas claras, ciclos cortos y premios frecuentes los convierten en los favoritos de los jugadores y en una fuente estable de ingresos para los operadores.
En GoldenRace, nos esforzamos constantemente por mejorar nuestros productos, haciéndolos más atractivos y accesibles con cada lanzamiento. Y esta filosofía se aplica a toda nuestra cartera. Big5, una innovadora versión del fútbol virtual, y RaceDay, que reúne todos los tipos de carreras en un solo producto, son solo dos ejemplos recientes. Esta versión de Spin2Win continúa por el mismo camino.
Entre sus mejoras destacan una interfaz de usuario totalmente optimizada y una ruleta renovada e impactante que eleva la emoción de cada giro. El juego también incorpora estadísticas más claras, la opción de juego automático en el modo instantáneo y la función multiplicador en el modo programado, herramientas diseñadas para agilizar la toma de decisiones, aumentar la
participación y alargar las sesiones de juego.
Spin2Win mantiene además su variedad con cuatro formatos distintos: Clásico, Royale, Americano y Americano Royale. Las versiones Royale incluyen una ruleta de sectores que amplía las opciones de apuesta, mientras que las versiones Americanas destacan el doble cero verde con cuotas totalmente transparentes. Los operadores se benefician de una configuración flexible, múltiples formatos de cuotas y validaciones automáticas que garantizan un juego justo y estable.
Con este relanzamiento, GoldenRace reafirma su liderazgo en el vertical de los juegos de números e invita a operadores y jugadores a descubrir una nueva era de giros.
The post Spin2Win de GoldenRace regresa más fuerte appeared first on European Gaming Industry News.
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GoldenRace, the leading provider of award-winning Virtual Sports and betting solutions, has unveiled the latest version of its emblematic number game, Spin2Win&Spin2Win Royale. Recognised for its simplicity, fast gameplay and high rewards, the title has become a cornerstone of the company’s portfolio and a proven engagement tool for operators worldwide.
Number games continue to be one of the most reliable verticals in the global betting market. Figures from H2 Gambling Capital confirm that casino-style products represented 21.5 and 8.5 billion in GGR for online and land-based markets, respectively, in 2024. Their clear rules, short cycles and frequent payouts make them a favourite among players and a steady source of revenue for operators.
At GoldenRace, we constantly push to improve our products, making them more engaging and accessible with every release. And this philosophy runs across our entire portfolio. Big5, a groundbreaking take on Virtual Football and RaceDay, which unites all race types in a single product, are just two recent examples. This version of Spin2Win continues this path.
Among the improvements are a fully optimised user interface and a renewed, visually striking wheel that boosts the excitement of every spin and clearer statistics. The game also incorporates an Autoplay option in instant mode and a Multiplier feature in scheduled mode – tools designed to enhance decision-making, increase engagement and extend player sessions online.
Spin2Win also maintains its variety with four distinct versions: Classic, Royale, American and American Royale. Royale formats introduce an additional sectors wheel that expands betting options, while the American variants highlight the double green with fully transparent odds. Operators benefit from flexible configuration, multiple odds formats and automated validations that ensure seamless and fair gameplay.
With this relaunch, GoldenRace confirms its leadership in the number games vertical and invites operators and players to discover a new era of spinning.
The post GoldenRace’s Spin2Win returns stronger appeared first on European Gaming Industry News.
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Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has been granted a Class 2 license by Romania’s National Gambling Office (ONJN), authorizing the company to distribute specialized gaming software across one of Europe’s fastest-growing regulated markets.
The license, granted under Decision No. 273, enables Expanse Studios to provide its portfolio of proprietary slot games, crash games, and casino content to licensed Romanian operators. This approval positions the company to serve a market that generated approximately €600 million in gross gaming revenue in 2024 and maintains one of Europe’s highest channelization rates at over 90%.
Strategic Entry into High-Growth Regulated Market
Romania represents one of Eastern Europe’s most dynamic iGaming jurisdictions, with internet penetration reaching 88% of its 19 million population and a regulatory framework that has attracted over 50 licensed operators. The market has demonstrated consistent growth, with total industry turnover exceeding €2 billion in 2023, reflecting a 15% year-over-year increase.
The Class 2 B2B license allows Expanse Studios to distribute content to Romania’s licensed B2C operators without establishing a Romanian entity or paying Romanian corporate taxes, while providing access to a market where mobile gaming dominates and player engagement continues to accelerate.
Romania’s stringent licensing requirements under Government Emergency Ordinance 77/2009 make ONJN approval a significant credential for B2B providers. The regulatory framework emphasizes technical compliance, player protection, and operational transparency—requirements that align with Expanse Studios’ existing European operations across 1,300+ casino brands.
“Securing ONJN approval validates our technical capabilities and regulatory compliance standards in one of Europe’s most demanding jurisdictions,” said Damjan Stamenkovic, CEO of Expanse Studios. “Romania offers substantial distribution opportunities through licensed operators serving a tech-savvy player base with strong engagement metrics. This license strengthens our European B2B footprint and demonstrates our ability to meet the compliance requirements of mature regulated markets.”
Expanding B2B Distribution Infrastructure
The Romanian license complements Expanse Studios’ recent European partnerships, reflecting accelerating demand for the company’s content across regulated jurisdictions. With 56 proprietary titles including Super Heli, Titan Roulette, and Wild Icy Fruits, Expanse continues scaling its high-margin B2B operations across Europe, Latin America, and North America.
Romania’s market characteristics—including preference for mobile platforms, strong affinity for slot content, and established payment infrastructure—align well with Expanse Studios’ content portfolio and distribution model. The company’s games will be available to Romanian operators seeking certified, compliant content for their licensed platforms.
This license approval reinforces Golden Matrix Group’s broader strategy of expanding regulated B2B operations in jurisdictions with transparent licensing frameworks and sustainable growth trajectories.
The post Expanse Studios Secures Romanian Class 2 B2B Gaming License appeared first on European Gaming Industry News.
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