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David Thorpe to Step Down as Chairman of Arena Racing Company
David Thorpe is to step down as chairman of Arena Racing Company (Arc) at the end of April after nine years in the role, the racecourse group has revealed. Thorpe, who had previously chaired one of Arc’s forerunners Arena Leisure, became Arc chairman in April 2014 when he replaced Lord Michael Howard of Lympne, the former Conservative Party leader.
He has been a heavyweight figure in British racing politics for a number of years, having also been chairman of the Racecourse Association between 2004 and 2009 and a board member of both the BHA and the Levy Board.
Thorpe said: “It has been a significant source of pride to see the company flourish and grow over the past few years and we have assembled an incredibly smart, passionate and hard-working team. I am equally delighted to have been part of creating a new industry structure, a major improvement which should serve the sport well into the future.
“I am sure the company will only continue to get stronger and more successful over the coming years, and I am proud to have played a part in that foundation for growth. I will continue to be a passionate supporter and advocate for the business and the sport.”
Arc chief executive Martin Cruddace said: “David has played a pivotal role in the growth and transformation of the company over that time, and his detailed knowledge of the industry has been an enormous help. Both myself and our shareholders would like to thank him for his expertise, hard work and support, and completely understand his decision to step down. For me personally, he has been a source of constant support, counsel and guidance.
“David will remain a very good friend of both me and the company, and there will be a special welcome for him whenever he comes racing at our tracks.”
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One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
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