ARC acquires majority stake in Vermantia

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

Vermantia Founder and Chief Executive, Filippos Antonopoulos, remains as a shareholder in the business and shall carry on in his executive role.

The deal ensures ARC expands its international distribution capacity through Vermantia’s global partnership reach of 31 countries and agreements with more than 20 major gaming operators. Through the addition of Vermantia’s CONNECT, the product offering, now including over 60,000 live events every year made up of high quality horseracing and greyhound racing from the US, Australia, South Africa and the UK, all of which is supported by the widest portfolio of virtual sports in the industry.

ARC will accelerate Vermantia’s drive to create a global content hub in Athens, expand its technology team and infrastructure, and continue to design innovative solutions for the convergence of the retail and digital channels, and an ever-improving gaming experience.