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SBD Global/April 18, 2014/Finance
U.K.'s Jockey Club Announces Record-Setting Profit Increase Of 11% In 2013
Published April 18, 2014
OTHER ATTRACTIONS: The BBC reported the Jockey Club has "also been adding other attractions to bring in new crowds, such as its 'racing plus music' events, which saw six races followed by performances by acts including the Kaiser Chiefs and Meat Loaf." This year, Jockey Club racecourses has entered into a "joint venture partnership -- Jockey Club Live -- to stage future live music and entertainment events." Acts lined up to play at the Group's venues nationwide "include Sir Tom Jones, Jessie J, Kaiser Chiefs, James Blunt, The Beach Boys and Dizzee Rascal" (BBC, 4/16). Jockey Club CEO Simon Bazalgette said, "Every penny of profit we make we put back into our sport to support its longterm health and prosperity. Racing is a sport that generates more than £3.45 billion for the U.K. economy each year and supports thousands of jobs" (London TELEGRAPH, 4/17).