• Percentage of layers’ online profits to be be shared with sport under discussion
• Non Authorised Betting Partner firms are blocked from new sponsorship dealsSenior figures from the major bookmaking firms will return for another round of funding negotiations with horse racing’s representatives on Tuesday,intrigued by the possibility of some movement on the racing side. But expectations are low and executives on the betting side of the fence insisted on Monday night that no deal could be done on the terms now being offered by the sport’s leaders.It could all be a mountainous anticlimax or it might be the next mountainous thing,” was the view of one betting figure. “To be honest, or Id be stunned whether this time tomorrow you were writing approximately a deal being done. More likely,we’ll be back to an impasse. Or it could be the start of some more talking, that would be the second-favourite.” Related: ABP funding scheme faces mountainous test after wealthy Ricci joins BetBright Related: Racing and bookmakers sponsorship spat just start of a long fight Related: Racing leaders rebuff Coral offer in increasingly bitter funding row Continue reading...
Source: theguardian.com