Three years after failed buyout bid, Hutchison closes in on RSN takeover

But the two sources said it was unclear how Hutchison would manage SEN Track alongside RSN if he were to take control. Both stations have different audience demographics.

When contacted for comment on Thursday afternoon, the RSN board said the radio station had not been sold but refused to confirm or deny that it had been speaking with Hutchison.

“Like any business, RSN is continually exploring future commercial and strategic options to ensure the future success of the business. This is good practice and not unusual,” the board said in a statement.

“As part of this, RSN is engaging with various external parties on opportunities going forward, including wagering operators, advertising partners, other racing bodies and media companies.”

Hutchison was also contacted for comment.

In December last year, Racing Victoria chief executive Aaron Morrison said he was streamlining the industry’s media and broadcast businesses, which included Racing.com and RSN.

RSN had formed a short-term partnership with Bet365, two sources said.

Sports Entertainment Group, which turned a handsome profit on the staged sale of NBL team the Perth Wildcats in 2024, has also purchased niche sports news and commentary site theroar.com after clearing its debts.

Last week, the company announced it was walking away from its two New Zealand-based basketball teams, marking an exit from the country after selling off SENZ in 2024.

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