License: Unsplash, Free to use, Author: Jeff Griffith
The Betting and Gaming Council (BGC) has announced that several of its members raised £277,000 for charity through a special initiative at the recent Royal Ascot event. The operators agreed to donate all profits from the Britannia Stakes race to charity, but when the favorite horse Docklands, ridden by Hayley Turner, won the race, it resulted in a loss for bookmakers. However, the group honored its pledge and made a generous donation instead.
Participating operators included Flutter, bet365, Entain, 888, William Hill, Kindred, Betway, Rank Group, LivescoreBet, Virgin Bet, Tote, Fitzdares, and Bet with Ascot. The funds raised were split among various charitable organizations, including SportsAid, the Holocaust Educational Trust, Cystic Fibrosis Trust, SAS Regimental Association, Ascot Racecourse Supports, and Together for Looked After Children.
This initiative continues a tradition that began in 2019 when the BGC was formed, and it has now raised over £5.9 million for charity through the Britannia Stakes and virtual Grand National. Last year's Britannia Stakes initiative raised £1.2 million after a surprise victory by the horse Thesis resulted in a significant profit for bookmakers.
BGC Chief Executive Michael Dugher expressed his delight at the substantial donation, stating that the money raised would make a massive difference to the important work carried out by the participating charities. He also highlighted that BGC members have now raised nearly £6.0 million for charities across the country.
Ascot Racecourse Chief Executive Alastair Warwick expressed gratitude for the BGC's support and the Britannia Stakes initiative. Despite not being a profitable outcome for bookmakers, the victory by Hayley Turner and the generous donation from the operators contribute to supporting charitable causes, including Ascot Racecourse's own Ascot Racecourse Supports program.