Latest News
Stride launches challenger platform to drive participation in horse racing ownership and wider fan engagement in the sport
Backed and developed by SportCaller founders, new syndication platform for racing outlines next-gen features and streamlined admin & comms from one responsive digital hub
Stride, the next-generation horse racing platform that truly democratises Flat racehorse syndication and deepens the ownership experience, has been launched to bring new levels in value and engagement for key stakeholders who represent the lifeblood of the sport.
Stride plans to become the premier racing communications platform that both centralises and optimises communications between syndicate owners and their respective horses, trainers, stable support staff, jockeys and racecourses. Its aim is to support, illuminate and enrich the experience of owning a thoroughbred on the journey from the purchase ring to the winner’s enclosure.
The Stride team brings together a host of familiar faces and heavy hitters from the domains of sport, racing, betting and fan-engagement technology for a clearer take on fractional ownership that delivers increased engagement against the backdrop of a progressively homogenised digital-management landscape for horse racing.
Cillian Barry and Eugene Cosgrove, founders of SportCaller – the market-leading free-to-play sports games supplier whose cornerstone clients and games were horse racing-focussed – take the reins as Chairman and Head of Product respectively, while veteran COO Donal Browne has been recruited to steward day-to-day business operations for a venture whose horses will initially be placed with Group 1-winning trainer Joseph O’Brien, whose talented string is housed at picturesque Piltown in County Kilkenny, Ireland.
However, Stride’s CEO and prime mover is former Munster and Leicester rugby star Johne Murphy, who has proven his equine and syndicate management muscle in recent years with the formation of both Rugby & Racing and Thoroughbred Racing Syndicates, the latter also attached to the O’Brien yard, whose successful track record for buying and selling equine talent and exploiting a primed bloodstock market created a dream foundation on which to build Stride’s subsequent flagship brand.
As an eloquent case in point, the business sold five of the six horses which were bought to race on the Flat in 2021 for close to seven figures, giving backers a 27% return on their investment. Stride is also part of the Techstars Sports Accelerator, a global network that assists entrepreneurial ventures in succeeding over the long-term. Founded in 2006, Techstars has now invested in more than 3,000 companies and today has a market cap of $75 billion.
Murphy continues in his multi-faceted role, also acting as Stride’s spokesperson and a passionate rudder for both thoroughbred and syndicate recruitment.
Murphy commented: “Stride is more than a responsive platform for buying and selling shares in elite-level racehorses. It’s also a way for racing to reconnect, engage and retain its most vital stakeholders: passionate owners who support the sport through times good and bad. Our fractional ownership model readily articulates the merits over micro-ownership and its associated cautionary tales, and also enables our members to choose a portfolio of racehorses that elevates enjoyment and mitigates downside at a challenging economic time across most sectors. Investors can now research, buy, manage and watch their stable of syndicated thoroughbreds at a fraction traditional ownership spends, with zero hidden costs or clawbacks. The price you pay for your share in the syndicate is the sole fee you’ll ever be asked for.
“But our unique Stride platform and its underpinning technology is also here to help owners seamlessly experience racehorse ownership at the click of a button, wherever their busy lives take them on the map. That can mean anything from what you’d expect in the simple joys of sharing the risk with friends and enjoying the raceday thrills and spills; to what you might not in the form of enhanced stable-engagement tools, or regular re-evaluations for profitable resale opportunities. No-one’s got a keener eye for acquiring and training top-class talent than Joseph, so we can’t wait to see how our first syndicated fare over the 2023 season ahead.”
“Stable visits and racecourse privileges are par for the course, alongside the clubbable craic with your family, mates and members. But it’s a long time between drinks in racing! And in racehorse ownership there should be so much more to enjoy, evaluate and benefit from experientially and analytically. Stride is the fluctuating portfolio you won’t want to put down – and the one your friends and colleagues actually want to hear about!”
Cillian Barry, Stride Chairman, added: “Having seen what Johne and Joseph achieved with their first round of syndicates, it’s a thrill to combine their passion and equine acumen for Stride with our own technical know-how around proprietary technology platforms and improved engagement. Eugene and I are already enjoying getting back to our shared first love of racing – remember, SportCaller was initially named RaceCaller!
“Stride’s next-generation informational and experiential platform already includes an array of management, administration and engagement features whose quality and variety set it apart from its rivals who have to date benefitted from a niche sector which has been slow to adopt transformative technology and the latest techniques in social engagement. We naturally aim to build on that over the coming 12 months, fostering a best-in-breed intuitive digital hub, whose array of audiovisual, editorial and data outputs will take members closer to the action than ever before. Whether your horse is fighting out a high-octane finish at the track or enjoying a well-deserved roll in the hay with the stable cat, we’ll capture and communicate it all.”
Stride’s unique operating model:
Stride purchases unraced yearlings and two-year-old breeze up horses in a price bracket from €25,000 – €150,000. This means Stride horses cover every maiden option in Ireland, facilitating multiple runners and accompanying racecourse engagements throughout the season, and granting syndicate members multiple selling points over the year. Stride typically sell shares in syndicates of between 2-6 horses. These syndicates are comprised of horses throughout the aforementioned price range. The intention is to sell within 12 months of purchase and profits returned to owners. While there are no fixed amounts for syndicate investment, a 5% investment in one syndicate would usually range from €5,000 to €50,000. The price you pay for your share in the syndicate is the only fee members pay.
The Stride platform’s features and tools include but are not limited to:
- Website, social media feeds & mobile app-centralised comms (soon to debut in the App Store)
- Syndicate management & updates (direct from both trainer and work riders)
- Yard tours and live stable-cams
- Profile pieces (from top trainers and jockeys to key stable staff)
- Gallops videos
- Racecourse workouts
- Equine interest videos (your horse, its education, its stablemates, unpacking their unique characters and idiosyncrasies)
- Equine welfare (tracking and ensuring your horse’s wellbeing)
- Easy-access group chat interaction and networking with other syndicate members
- Race preview and reviews
- Ratings, timings, form and results
- Early entries, declarations and race-shape criteria
- Up-to-the-second betting data and odds
- Live low-latency raceday streaming
- Breeding prospects / resale opportunities
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EU Taxes
Malta Prepares For EU Budget Battle To Stave Off Gambling Levy
Malta’s Prime Minister has said his nation will veto any attempts by the EU to introduce a bloc-wide online gambling levy, threatening to place the industry at the centre of febrile European politics.
Robert Abela has told Malta’s parliament that he would use his nation’s member state veto to block the passage of the next EU budget, if a proposed gambling levy is included.
The budget, formally known as the Multiannual Financial Framework (MFF), lays out how the EU will spend its €2trn budget from 2028 to 2034.
The prospect of adding a continent-wide tax to the budget remains only a proposal, but the idea has heavyweight backing.
Vice-president of the European Parliament Victor Negrescu is spearheading these efforts, arguing that a fast-growing digital industry that generates billions in revenue should be subject to EU-level taxation.
Negrescu says that the levy could generate between €2-4bn every year.
“This industry fully benefits from the EU’s single market, digital infrastructure and crossborder access, but operates under fragmented rules, unequal taxation and insufficient enforcement,” he said.
The online gambling sector might well quibble with the specifics of these claims.
The idea that it “fully benefits” from the EU single market may have been unassailably true in the point-of-supply era, but the subsequent fragmentation of national rules that Negrescu refers to has significantly complicated that picture.
Nevertheless, backing for the levy from a senior European politician has naturally spooked the industry and its primary champion within the EU, Malta.
The levy would be so damaging to Malta’s economic interests that it is willing to use its most powerful EU instrument by executing a veto in the European Council in order to block the budget from being approved.
That would likely plunge the island nation into the centre of a political firestorm, but recent history suggests that smaller EU nations and their allies can successfully disrupt budget negotiations.
During discussions over the 2020 EU budget, Poland and Hungary successfully secured concessions after they both threatened to veto the MFF over rule-of-law requirements.
Malta will also hope to rely on support from the Friends of Cohesion, an informal alliance of 16 nations concerned with regional development, of which it is a part.
Negrescu’s pledge to pair his levy with a “clear EU directive against illegal and unlicensed platforms” is unlikely to satisfy the online gambling industry, despite growing complaints of a rampant black market from a number of quarters.
Malta strikes again
In simple terms, Malta is seeking to protect an industry which accounts for 10 percent of its gross domestic product.
The nation has shown a clear willingness to ignore the EU’s wishes in order to shield the many gaming firms that host their headquarters within its borders.
Most notably, the creation of Bill 55 has successfully protected local companies from having to repay hundreds of millions of euros in player refund settlements.
Ongoing cases before the Court of Justice of the European Union suggest that Europe’s top judges will soon rule against Bill 55, which is now Article 56A of Malta’s gambling act.
The European Commission also launched infringement proceedings against Malta over the provision
Tax troubles.
There are so far no specifics on how the levy would be calculated or what value it would be set at, but beyond Malta an additional levy would also be extremely challenging for operators in European markets already struggling with high tax burdens.
This includes the Netherlands, where a government report released this week has shown that staggered increases to taxes of 37.8 percent of gross gambling revenue (GGR) have failed to deliver any benefit to the country’s budget.
Even a relatively slight increase to this tax rate could send more operators scurrying out the market and see channelisation dive further than its current rate of 55 percent.
Nations like France, where online betting is taxed at 59.3 percent of GGR, or Portugal, with its 8 percent turnover tax on online sports betting, would also feel an impact.
Negotiations over the contents of the EU budget are set to continue for several months, with the approval process expected to be completed in late 2026 or early 2027.
Leaders in the Council of Europe have agreed to come to a preliminary deal on the MFF by October, according to a coordinated statement issued earlier this month.
Malta’s devout opposition to a possible gambling levy is just one of a range of issues under discussion, including a stark divide between nations such as Germany, which favour spending cuts, and the Friends of Cohesion, who want additional cash for agriculture and regional funding.
The post Malta Prepares For EU Budget Battle To Stave Off Gambling Levy appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
anime
G2 drops limited-edition One Piece streetwear capsule on June 25
The esports organisation’s second anime apparel collaboration will be sold exclusively via g2esports.com/shop.
G2 is launching a limited-edition G2 | One Piece capsule collection on June 25, with the drop available exclusively through the organisation’s online store at g2esports.com/shop.
The collection is inspired by One Piece’s Gear 5 Monkey D. Luffy and includes hoodies, zip-ups, t-shirts, caps, sleeves, and tote bags. According to G2, the items use a black-and-white palette and feature a minimalist embroidered logo alongside a custom G2 | One Piece Jolly Roger that combines the G2 samurai emblem with Luffy’s straw hat.
“At G2, we’re continuing to push the culture and fashion of esports beyond competition alone, and this One Piece collection is a natural extension of that,” says Sabrina Ratih, COO of G2 Esports. “We wanted to create a capsule that continues to elevate the esports fashion space – understated, premium, and stylish enough for everyday wear, while still carrying the spirit of adventure, ambition, and individuality that defines One Piece and G2 alike. Every piece is designed to bridge the gap between fandom and everyday style, and continuing our mission to redefine what esports fashion can be.”
G2 described the drop as its second anime collaboration, following a previous apparel collaboration with Solo Leveling. The company positioned the release as part of its broader effort to connect esports, anime, and streetwear.
One Piece debuted in 1999 and remains one of the largest anime franchises globally. G2 cited over 600 million manga copies sold and more than 1,160 episodes for the series.
The post G2 drops limited-edition One Piece streetwear capsule on June 25 appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
Latest News
Ygam joins four UKRI-funded gambling harms research partnerships
Projects sit within UKRI’s Research Programme on Gambling and the GHR-UK Evidence Centre, backed by the statutory levy.
Ygam has been named as a partner on four projects funded through the UKRI Research Programme on Gambling, supported by the statutory levy. The charity will work with academic teams including the University of Birmingham, Bournemouth University, the University of Plymouth, Lancaster University, and Liverpool John Moores University.
The four projects sit within the Gambling Harms Research UK (GHR-UK) Evidence Centre, which coordinates 19 one-year Innovation Partnerships under the programme. UKRI has been appointed by the UK Government to oversee research commissioned through the new statutory Gambling Levy. Under the levy, 20% of annual funding will be allocated to research, equating to £22.1 million in 2025/26.
Emily Tofield, Chief Executive of Ygam, said: “We are pleased to be working in partnership with leading university partners, contributing our expertise in a key strategic area of our work. A defining strength of our approach is that it is grounded in robust insight and research, underpinning everything we do. This enables us to understand how and why harms emerge and translate that into practical, preventative education that is credible and scalable. We look forward to achieving these outcomes together and informing effective measures to prevent harms among children and young people.”
Ygam said its advisory panels — including young people, individuals with lived experience, community and faith leaders, gaming and esports representatives, and student ambassadors — will help shape the research to reflect “real-world experience and diverse community perspectives.”
The four partnerships are: INTEGRATE (University of Birmingham, Ygam, Al-Hurraya and Community Connexions), focused on intersectional gambling harm and interventions for children, young people and emerging adults; “From Evidence to Action: Safeguarding Neurodivergent Young People in Gamified Digital Environments” (Bournemouth University, Ygam, Work’n’Diversity CIC), focused on gambling-like risks in gamified digital environments; GRASP (University of Plymouth-led partnership including NatCen, NHS and third-sector organisations, and Ygam), mapping support pathways and gaps in prevention and recovery; and GRACE-Net (Lancaster University and Liverpool John Moores University with local authorities, NHS partners, third-sector organisations and Ygam), testing collaborative approaches in the North West of England and sharing learning more widely.
The post Ygam joins four UKRI-funded gambling harms research partnerships appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
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