Sportingbet To Support British Horse Racing
SportingBet.com recently announced an increase in its support of British horseracing after making a voluntary payment to the Racing Levy.
SportingBet has decided to make a payment to the Levy Board worth ten percent of its gross profits on bets taken on British racing from British and European customers from August next year.
Andrew McIver the Group Chief Executive for SportingBet said that, “An important part of our UK revenue is derived from British horseracing; We have recently set ourselves the goal of increasing this revenue stream and have stepped up our sponsorship activity in British racing. We do all we can to assist the industries our customers bet on and we’re delighted to demonstrate our support of the British racing industry by committing to a voluntary payment of the Levy. This equates to the statutory payments we would make if we were based in the UK and, as a mark of good faith, we are happy to go the extra mile in agreeing that the figures should undergo an audit.”
The bookmaker has also agreed a three year sponsorship deal with the Racehorse Owners Association (ROA) and will now see their name attached to the ROA Awards evening at the London Hilton on December 3rd.
Paul Dixon President for the ROA said that, “We hope this will set an example to other bookmakers who are either offshore or are planning to take part of their business offshore, We should do everything in our power to support those bookmakers who support British racing. We should now put the name of SportingBet in lights and help it to promote its business to its British customers.”
There is already loads of Horse betting at William Hill Sports so head there to place your bets today.
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Tags: british horseracing, william hill sports