Arena Leisure: Difference between revisions

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Arena Leisure plc is a public limited company based in London, England, ow owned by the Reuben Brothers. The company operates seven of the UK's horse racing courses - giving it a 23% share of the UK horse racing market - as well as and other leisure industry interests.

Founded in 1997, the company acted as an acquisitions vehicle to buy a number of UK racecourses ad leisure interests, also spanning golf courses and hotels, and joint ventures with a 47.85% stake in "At The Races". The hotels are all leased to major hotel chains.^[1]

Arena became dominant in the UK horse racig industry by adapting three of its tracks - Lingfield Park - to artificial surfaces using the Polytrack system.^[2] This means that it can utilise the track throughout the year and in different weather conditions, increasing useage and hence revenue.

Having built up a 29.9% stake in the company, the second largest behind race horse owner Trevor Hemmings with 40%,^[3] after approval from the Office of Fair Trading that there was no need to refer the proposed bid to the Competition Commission,^[4] in April 2012 Reuben Brothers bought Arena Leisure. It now operate it and former competitor Northern Racing together, but still presently under two separate brands.^[5]

Race Courses

Doncaster - Main event being the St. Leger festival in September
Folkestone Racecourse - Kent's only racecourse
Lingfield Park
Windsor
Southwell - Features an all weather track
Wolverhampton - UK's busiest racecourse and also the UK's first floodlit course
Worcester

References

External links

Company web site

This article about a company of the UK is a stub. You can help Wikipedia by expanding it.

[1] ttp://www.hemscott.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&item=65925600518762&ir_client_id=62

[2] ttp://www.lingfield-racecourse.co.uk/about-us/history-of-lingfield-park.html

[3] ttp://www.guardian.co.uk/sport/2011/jun/23/arena-leisure-review-possible-sale

[4] ttp://www.geegeez.co.uk/northern-racing-completes-arena-leisure-takeover/

[5] "Areana leisure/Northern Racing". Reuben Brothers. Retrieved 2012-08-08.

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-'''Arena Leisure plc''' ({{lse|ARE}}) is a [[public limited company]] based in [[London]], [[England]], that is the operator of seven of the UK's [[horse racing]] courses and other leisure industry interests. The company was founded in 1997. The company operates [[golf courses]], [[hotels]] and joint ventures with a 47.85% stake in "[[At The Races]]". The hotels are operated by major hotel chains.<ref>http://www.hemscott.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&item=65925600518762&ir_client_id=62</ref> The company runs 25% of the UK's horse racing events.<ref>http://www.arenaleisureplc.com</ref>
+'''Arena Leisure plc''' is a [[public limited company]] based in [[London]], [[England]], ow owned by the [[Reuben Brothers]]. The company operates seven of the UK's [[horse racing]] courses - giving it a 23% share of the UK horse racing market - as well as and other leisure industry interests.
+Founded in 1997, the company acted as an acquisitions vehicle to buy a number of UK racecourses ad leisure interests, also spanning [[golf courses]] and [[hotels]], and joint ventures with a 47.85% stake in "[[At The Races]]". The hotels are all leased to major hotel chains.<ref>http://www.hemscott.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&item=65925600518762&ir_client_id=62</ref>
-In April 2012, [[Reuben Brothers]] bought Arena Leisure, and now operate it and former competitor [[Northern Racing]] together but still presently under two separate brands.<ref>{{cite web|url=http://www.reubenbrothers.com/NorthernRacing.aspx|title=Areana leisure/Northern Racing|publisher=[[Reuben Brothers]]|accessdate=2012-08-08}}</ref>
+Arena became dominant in the UK horse racig industry by adapting three of its tracks - [[Lingfield Park]] - to artificial surfaces using the [[Polytrack]] system.<ref>http://www.lingfield-racecourse.co.uk/about-us/history-of-lingfield-park.html</ref> This means that it can utilise the track throughout the year and in different weather conditions, increasing useage and hence revenue.
+Having built up a 29.9% stake in the company, the second largest behind race horse owner [[Trevor Hemmings]] with 40%,<ref>http://www.guardian.co.uk/sport/2011/jun/23/arena-leisure-review-possible-sale</ref> after approval from the [[Office of Fair Trading]] that there was no need to refer the proposed bid to the [[Competition Commission]],<ref>http://www.geegeez.co.uk/northern-racing-completes-arena-leisure-takeover/</ref> in April 2012 [[Reuben Brothers]] bought Arena Leisure. It now operate it and former competitor [[Northern Racing]] together, but still presently under two separate brands.<ref>{{cite web|url=http://www.reubenbrothers.com/NorthernRacing.aspx|title=Areana leisure/Northern Racing|publisher=[[Reuben Brothers]]|accessdate=2012-08-08}}</ref>
 ==Race Courses==