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Industry insiders see what is a deteriorating situation eventually going one of two ways - either Amrac will not sign up enough betting shops and eventually fail, or else the bigger national firms will realise their bottom line is being affected by local independents and be forced to sign up to Turf TV themselves.
AMRAC managing director Adrian Ford said: "We are extremely pleased that Coral have renewed with us on a longterm contract, which is great testament to the value of our product in the betting shop eco-system."
Amrac sales director Michael Conlon said: "We have done our utmost to minimise the size and impact of a price increase.
Amrac and Racecourse Media Group (RMG) were seeking a court injunction to force the return of the Oxera Summary, damages, and legal costs against Siers.
However, Amrac and Racecourse Media Group Ltd (RMG) insist he did just that and a copy of the Oxera summary remains in his possession.
But Edmund Cullen QC, for Racecourse Media Group Ltd and Amrac, accused him of showing Bartlett "parts of the Oxera summary" over lunch.
Amrac had no part in any SIS and OpenBet discussions and only became aware of their deal through public announcements.
He will take the place of Peter Bertram, who stepped down as Timeweave chairman in September 2011 but continued in a similar role at Amrac until the end of last month.
"This agreement will ensure that over the next few years our customers will be able to watch quality racing from some of Britain's best racecourses.'' Amrac managing director Adrian Ford said: "I am delighted that William Hill has once again demonstrated its support for quality British horseracing.
His compensation was for loss of office as a director of Timeweave and Amrac. He then became the HG's first chief executive within months of leaving.
TurfTV's parent company Amrac is understood to have opened the negotiating process for the next Irish contract with HRI's media committee, making an offer that took into account an inflationary increase on current, unpublicised financial arrangements.
THE rising cost to bookmakers of taking the TurfTV live horseracing channel in betting shops has been revealed in financial results which showed that parent company Amrac increased its revenues for the 13 months ended December 31 by 14.2 per cent, to just short of pounds 60 million, compared with the 12-month period in 2009.
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- Amqulity Wellness Center
- AMRAAM Captive Equipment
- AMRAAM Digital Processor
- Amrad Corporation Limited
- Amram ben Scheschna
- Amram Gaon
- Amram, David
- Amratian Culture
- Amravati (district)
- Amravati (district)