Arena Racing Company, the largest racecourse group in the UK, has acquired a majority stake in Vermantia, a provider of multi-channel content solutions worldwide.

ARC acquires Vermantia

Vermantia founder and chief executive, Filippos Antonopoulos, will remain a shareholder in the business and will carry on in his executive role.

Through the addition of Vermantia’s Connect, which constitutes the company’s proprietary gaming platform, ARC’s portfolio now includes 60,000 live events annually in horseracing and greyhound racing from the US, Australia, South Africa and the UK.

ARC chief executive, Martin Cruddace, said: “The acquisition of Vermantia fits perfectly with our existing rights portfolio of traditional trusted Bags greyhound content and premium international content.”