BGC urges racing fans to bet and raise money for charity

Betting and Gaming Council (BGC) members have agreed to donate all their profits from the Royal Ascot’s Britannia Stakes to charity

Betting and Gaming Council (BGC) members make in agreement(p) to donate all their profits from the Royal Ascot’s Britannia Stakes to charity.

Proceeds from the races will lead to charities similar Prostate Crab UK, Marie Curie, the three-Armed Forces charities and Care Radio.

Operators ilk Flutter Entertainment, bet365, Entain, William Hill, Kindred Group, BetVictor and Betway get all signed upward for the fundraising initiative; inwards sum thither are 13 companies.

All brands will at present manus o'er all profits from win and each-way bets, one time levy en masse and duties have been deducted. If they are non left hand with a profit, all 13 have got agreed to piss a donation.

Last year’s Britannia Stakes fundraising strategy brought inwards £250,000 ($349,701) for a variety of honest causes.

BGC Chief Executive, Michael Dugher, said: “I am utterly delighted the BGC’s largest members are in one case again leading this fantastical initiative, which will rear vital monetary resource for some of the country’s cover charities.

“Millions of people enjoy a flutter and I’m proud betting companies testament donate their profits from i of Royal Ascot’s upside races, to go game towards some magnificent causes that will assist so many people crossways the country.”

Ascot Racecourse MD, Alastair Warwick, added: “We are thrilled that the betting industry will one time once more live donating profits from the Britannia Stakes to these real worthy charities.”

Nineteen-time champion jump off jockey, Sir AP McCoy, said: “It’s a wild idea, and, the likes of the virtual Grand National initiative endure year, i desire the charities obtain a freehanded windfall from the race.”