An additional quintet of wagering platforms have aligned with UK equestrian competition by enrolling in the sport’s Accredited Wagering Associate initiative. 188BET, BetStars, McBookie, SeanieMac, and ApolloBet have all committed their backing to the program, joining entities like Betfair and Bet365 in making optional payments to the sport based on their overall earnings from British racing.
The Accredited Wagering Associate project was initiated to acknowledge and compensate those betting providers who dedicated themselves to financially supporting British racing.
As stipulated in the contract, Accredited Wagering Associates will submit payments to the Horserace Betting Levy Board every three months for a period of three years, commencing upon the implementation of a replacement for the Horserace Betting Levy. The UK administration has pledged to introduce a new financial support structure for British racing by April 2017.
In exchange, Accredited Wagering Associates will receive a range of advantages, including the authorization to utilize the Accredited Wagering Associate emblem, chances to underwrite races, and entry to promotional and consumer information.
Nick Rust, Head of the British Horseracing Authority, stated: “British racing delivers a superb offering for betting and gaming providers, and we are thrilled that our Accredited Wagering Associate collaborators understand the importance of collaborating with us.”
Beyond the income produced directly from racing, bettors who wager on horses digitally also furnish a substantial contribution to the profits of betting providers through their expenditures on other gaming offerings.
Thrilled to collaborate with our ABP associates and illuminate their strengths! We aim to exhibit their skills and knowledge to prominent figures within the British equestrian world – forging connections with exceptional prospects to leave a lasting impression.
