Betfair to sponsor Ascot 2009


The online betting exchange Betfair has committed to taking over the Ascot 2009's King George VI & Queen Elizabeth Stakes sponsorship, and next July the race will carry a prize of GBP 1 million for the first time - a significant increase on 2008's GBP 850 000.

The UK-based firm is buying not just into a summer highlight of British racing – but into aristocratic circles. Ascot is owned by the British Crown, and until 2006 the July race had been sponsored for more than 20 years by the international diamond company De Beers. Queen Elizabeth II gave her consent in 1975 for "Diamond" to be included in the race's name.

The Betfair sponsorship is set to run initially for five years, and includes the rights to advertise widely....but not in the exclusive Royal Enclosure.

Royal Ascot's chief executive, Charles Bennett, explained: "The King George VI & Queen Elizabeth Stakes is the headline agreement in a substantial seven-figure deal over five years that Ascot and Betfair believe will develop into a wider commercial relationship."

The contest will be the centrepiece of what will now be "Betfair Weekend at Ascot," while Betfair will also be sponsoring the Ascot Chase next February.

Stephen Burn, Betfair's director of horseracing, said: "We are very pleased that Ascot understand our business and are keen to work with us in a way that we have been hoping to work with racing for such a long time – the Ascot executive has been very forward thinking. It had never been our intention to try to slap our name in front of the King George. This is a ground-breaking agreement, especially as it takes us up to and beyond the course's historic tercentenary in 2011."

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

5mins ago someone from United States read article Lucky streak or what?

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    19
  • Members Online
    350
  • Guests
    2,051
Highest Community Rated Online Casinos
NextCasino
  (122 Ratings)
Bet365 Games
  (146 Ratings)
CasinoLuck
  (193 Ratings)
Betsson Casino
  (189 Ratings)
Unibet Casino
  (110 Ratings)
Guts Casino
  (143 Ratings)
Slotty Vegas
  (84 Ratings)
Redbet Casino
  (117 Ratings)
Spin Palace Casino
  (98 Ratings)
Betsafe Casino
  (165 Ratings)
Mr Green Casino
  (253 Ratings)
BitCasino.io
  (147 Ratings)
ComeOn Casino
  (204 Ratings)
32 Red Casino
  (266 Ratings)
Winner Casino
  (313 Ratings)
Liberty Slots Casino
  (142 Ratings)
Intertops Casino Classic
  (93 Ratings)
Thrills Casino
  (108 Ratings)
Intertops Red Casino
  (103 Ratings)
Vera John Casino
  (156 Ratings)
Casumo
  (107 Ratings)
Jetbull Casino
  (88 Ratings)
Sin City Casino
  (76 Ratings)
PlayHippo
  (62 Ratings)
Slotland
  (261 Ratings)
BETAT Casino
  (171 Ratings)
Ladbrokes Casino
  (134 Ratings)
3Dice Casino
  (224 Ratings)
Whitebet Casino
  (76 Ratings)
Ruby Fortune Casino
  (123 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus