The BGC has confirmed that Flutter (Paddy Power, Betfair, Sky Bet), bet365, Entain (Ladbrokes, Coral), William Hill, BetVictor, Kindred (Unibet), Betway, Rank Group (Grosvenor Sport), Virgin Bet, Tote, Fitzdares and Bet with Ascot have signed up to the fundraising initiative.
On the other hand, according to the association, the beneficiary organizations are: ABF - The Soldiers' Charity, Sue Ryder, Ascot Racecourse Supports Community Fund, The Ivors Academy Trust and Cotswold Riding for the Disabled.
All profits they make from winning bets and each way, after taxes and duties are deducted, will be donated into the Big Course Inheritance Handicap. In the event that no profit was made from the race, the operators agreed to make a donation to charity.
In this way, the BGC assured users that even if they lose, the charities are guaranteed to win.
The BGC hopes the initiative will help punters enjoy a race where, even if they lose, charities are guaranteed to win.
Michael Dugher, Chief Executive of the BGC, said: “I am absolutely delighted that the BGC’s largest members are once again raising vital funds at the Royal meeting for some of the country’s top charities, especially in this the year of the Queen’s Jubilee.”
"Her Majesty's passion for racing is known across the globe. It's a sport that has the power to bring people together and Royal Ascot is one of the great highlights of the calendar. Millions of people enjoy a flutter and I'm proud that betting companies will donate their profits from one of Royal Ascot's top races, the Britannia Stakes, to go towards some great charities. I am once again indebted to everyone at Royal Ascot for their continued support,” he added.
Alastair Warwick, Managing Director, Ascot Racecourse, said: “We are delighted that Royal Ascot will once again play a part in raising valuable funds for these deserving charities".
Brigadier Peter Walker OBE, Chairman of ABF The Soldiers' Charity for Berkshire, the Army's national charity, said: “ABF The Soldiers' Charity would like to thank the members of the Betting and Gaming Council for their support last year and very kindly agreeing to make a donation again during Royal Ascot".
Caroline Graham, Director of Fundraising at Sue Ryder, said: "Sue Ryder is delighted to be chosen to be one of the charities that benefits from the Britannia Stakes at the Royal Ascot to celebrate the Queen's Jubilee. Her Majesty has been Sue Ryder's Patron since 1993, so it makes it even more special to be one of the charities involved this year".
In this regard, she stressed that the money will "help us provide more care for more people through our palliative, neurological and bereavement support."
Finally, Cliff Fluet, Chair of The Ivors Academy Trust, said: “This donation will help fund our life-changing programs that equip music creators with the skills, contacts and self-belief they need to succeed.”
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