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Bookies make bumper charity donation in fourth year of Britannia Stakes initiative
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BGC: Royal Ascot bookmakers donate £1 2 million to UK charities
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Leading UK bookmakers to donate Britannia Stakes profits to charities
1st June 2021
| By Robert Fletcher
A group of leading UK bookmakers have agreed to donate all profits from the Britannia Stakes horse racing event later this month to a series of charities.
Flutter Entertainment (Paddy Power, Betfair and Sky Bet), bet365, Entain (Ladbrokes and Coral), William Hill, Kindred (Unibet), BetVictor, Betway, Rank Group (Grosvenor Sport), the Tote and Fitzdares have signed up to the initiative.
Profits from win and each-way bets, after levy and duties are deducted, will go to charity, while if bookmakers do not make a profit on the race, they will make a donation to the charities themselves.