In honor of the King’s crowning ceremony, UK wagering establishments will be contributing all earnings from the “Britannia Stakes” competition at Royal Ascot to philanthropic causes. In the previous year, this initiative generated a substantial £1.2 million (approximately $1.49 million).
This time around, numerous prominent betting companies in the UK will be directing their profits from the Britannia Stakes to a chosen collection of charities. The Royal Ascot race gathering, a pinnacle event of the British summer season, is scheduled for June 22nd this year.
The bookmakers who have committed to donating their proceeds are all affiliated with the Betting and Gaming Council (BGC) and encompass some widely recognized names: Betway, bet365, Bet with Ascot, Entain, Fitzdares, Flutter, Kindred, LivescoreBet, Rank Group, Tote, Virgin Bet, William Hill, and 888.
The charitable organizations designated to receive the “Britannia Stakes” benevolence include: Ascot Racecourse Supports, Cystic Fibrosis Trust, Holocaust Educational Trust, SAS Regimental Association, SportsAid, and Together for Short Lives.
The previous year’s donation pool amounted to £1.2 million. Even if the bookies do not realize a profit from the race, each firm has pledged to contribute a portion of £250,000, which will be distributed equally among the charities.
Michael Dugher, the head of the BGC, remarked: “I am pleased that the BGC’s most prominent members are once again uniting to amass crucial funds for some of our most cherished charities at Royal Ascot in tribute to His Majesty The King’s Coronation.
“It is also a fitting homage to Her Late Majesty Queen Elizabeth II, who demonstrated a lifelong ardor for horse racing, breeding numerous triumphant horses and reveling in over 1800 victories throughout her reign.”
Numerous individuals throughout Britain partake in a wager frequently, and it fills me with pride that the gaming sector is once more increasing its efforts to contribute the earnings from a prominent Royal Ascot event, specifically the Britannia Stakes, to several outstanding charitable organizations. My sincere gratitude goes out to all those at Ascot for their unwavering dedication.”
