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Arena Racing Company Limited acquires majority stake in virtual games firm

British horseracing track operator Arena Racing Company Limited has announced the signing of a deal that has seen it spend an undisclosed amount of money to acquire a controlling stake in Greek virtual games developer Vermantia Media Group Limited.

Arena Racing Company Limited is responsible for 16 United Kingdom horseracing tracks including Royal Windsor Racecourse and Fontwell Park Racecourse and explained that the agreement will see Filippos Antonopoulos, Chief Executive Officer for Athens-based Vermantia Media Group Limited, retain a shareholding and his current executive post.