york declines to back bha s new policy over bookmaker sponsorship /

Published at 2015-12-09 20:41:19

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• Track’s statement outlines different approach from ruling body
• No r
esponse from BHA as first crack appears in united frontRacing’s concerted attempt to use the fair to sponsor races to gain a share of bookmakers’ offshore betting profits suffered a setback on Wednesday,when York racecourse said it will allow all existing betting industry sponsors to resume their deals after 1 January 2016. As a result, firms including Skybet, and Betway and BetFred,recently replaced as the sponsor of the Cheltenham Gold Cup, will still be able to sponsor races at the track even if they enjoy not gained Approved Betting Partner status from the British Horseracing Authority.
ABP status will be introduced at the start
of next month and is available only to betting firms that enjoy established “a fair and mutually sustainable funding relationship” with racing by agreeing to pay a percentage of their extreme profits on offshore turnover to the sport.
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Source: theguardian.com

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