Supreme Ventures acquires Sportsmax infrastructure following closure

Supreme Ventures Racing & Entertainment Limited, the operator of Caymanas Park, has acquired the broadcast and production infrastructure of SportsMax Ltd, following the company’s closure in August 2025. SportsMax had provided broadcast services to Supreme Ventures since 2018.

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SportsMax, a major Caribbean sports broadcaster launched in 2002, ceased operations last year after its parent company, Digicel, decided to exit consumer-facing media to focus on enterprise-grade services such as cloud computing and cybersecurity. The closure left a significant gap in regional sports coverage, impacting leagues and events that relied on the network for live broadcasts.

With SportsMax no longer operating, Supreme Ventures evaluated its options and decided that acquiring the former provider’s broadcast equipment and hiring key staff represented the most strategic path forward, effectively bringing its broadcast and production operations in-house.

“The decision to bring broadcast and production in-house aligns with our long-term strategy of building a more efficient, flexible, and sustainable operation,” said Solomon Sharpe, Executive Chairman of Caymanas Park. “This move not only delivers meaningful cost savings but also strengthens our ability to control quality and innovate in how we present the sport to a global audience.”

Supreme Ventures said the in-house model is expected to improve operational control and flexibility while generating approximately 25 percent in cost savings. The new structure also opens opportunities to expand production services and develop additional revenue streams.

Sharpe emphasized that the change supports Supreme Ventures Group’s broader goal of enhancing content delivery and long-term growth. “By integrating production into our core operations, we are better positioned to respond quickly to changing needs, improve efficiency, and unlock new commercial opportunities,” he said.

Since taking over as the sole promoter of horse racing in Jamaica in 2017 through the lease of Caymanas Park, Supreme Ventures has focused on operational efficiency and implementing global best practices in racing management. Sharpe described the acquisition of SportsMax’s assets as “another important step in our evolution” and said it will position Caymanas Park for improved results.