The Betting and Gaming Council will make a donation to some of the UK’s most prominent charities this year. The betting and gaming council (BGC) confirmed on Thursday that the leading bookmakers of the UK have pledged to donate the entire profit from the handicap Britannia Stakes Race this year at Royal Ascot.
BGC members that contribute to the noble cause are bet365 (Entain, Ladbrokes Coral), 888 William Hill (Unibet), Betway (Kindred), Flutter, (Paddy Power Betfair Sky Bet), Rank Group, (Grosvenor Sport), Tote (Fitzdares, Bet), Virgin Bet, and LivescoreBet.
All of these leading companies have agreed to support the fundraising initiative, and donate their profits. Britannia Stakes will be a historic race at Royal Ascot on June 22, 2023. The race profits will be donated to charities like the SAS Regimental Association, Together for Looked After Children and Ascot Racecourse Supports.
The BGC has raised more than PS5.5 Million ($6.8M) for charitable causes. It has helped different charities. BGC members raised around PS1.2 million ($1.5million) for the big-field heritage handicap last year. The amount of donations raised from the race this year may surpass that from 2022. The BGC stated even if the bookmakers do not make a profit, they will still donate a total of PS250,000 (309,300), which will go to nominated charities.
Donations continue to help charities
Ascot Racecourse CEO , AlastairWarwick explained that it was wonderful to see the leading bookmakers of the UK once again donate from the Britannia Stakes to charities. Warwick concluded by saying: “The money we have raised since 2020, as well as our Ascot Racecourse Supports Program, has been very well received. The contributions allowed us to support some worthy causes and do important work in the local community.”
” Once again, I’m delighted that BGC’s biggest members are celebrating the King’s Coronation and raising vital funds for some of the top charities in the country at the Royal Meeting.
Michael Dugher is the chief executive officer of BGC
Michael Dugher was equally excited, and stated that it’s great to see charities raising funds in celebration of King George VI’s coronation. He said that these funds provide valuable support for charities in the UK. Dugher concluded by thanking everyone for their dedication and support of charities.
