The online casino industry is often in the news for a number of different reasons. Whether it be for new regulations or a shocking scandal, it’s always encouraging to see good news from time to time.
A recent announcement by a large number of top casino operators in the UK has put a smile on many faces. It was announced that UK charities would receive a boost in funds thanks to the upcoming Britannia Stakes on the 17th of June 2021.
UK operators such as Betting and Gaming Council members Flutter (home to Paddy Power, Betfair, and Sky Bet) as well as Bet365 will be donating profits from the Britannia Stakes at Royal Ascot to charities in need.
Other operators who have agreed to the donation include Entain’s Ladbrokes and Coral, William Hill, Kindred’s Unibet, BetVictor, Betway, Grosvenor Sport, the Tote, AnzoGroup’s Livescore Bet and Virgin Bet, and finally Fitzdares.
The casino operators will hand over profits won from a win and each-way bets on the big-field heritage handicap. Levies and duties will first be deducted from the profits.
The charities set to benefit from the wins and donations include Prostate Cancer UK, Marie Curie, the three Armed Forces charities, and Care Radio.
Michael Dugher, chief executive of the BGC, commented on the upcoming event and shared how excited he is to be a part of the donation process.
“I am absolutely delighted that the BGC’s largest members are once again leading this fantastic initiative, which will raise vital funds for some of the country’s top charities. Racing is 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 to go towards some brilliant causes that will help so many people from across the country.”
The managing director of Ascot Racecourse, Alastair Warwich, shared that the Britannia Stakes is a big betting week – one of the biggest, in fact. Warwich also shared that it’s very popular among bettors and he looks forward to a lot of money being raised for charities doing good work.
A Spectacular Boost for Charities
In light of the Covid-19 pandemic, many charities were unable to raise funds as they could in previous years. After taking a financial knock like that, the generous donations from UK casinos will go a long way to helping those who need it most.
Director of Fundraising & Supporter Engagement for Prostate Cancer UK, Nicola Tallett, shared about the challenges that organisations such as hers face.
“I would once again like to thank everyone at the Betting and Gaming Council and their members for their incredibly kind gesture in helping donate vital funds to Prostate Cancer UK for a second successive year.
Around 400,000 men are living with prostate cancer; it’s the most common cancer in men, and thanks to this wonderful support we are able to continue our lifesaving research into treatments and better tests to stop the disease being a killer, while also supporting men and their loved ones.
The Covid-19 pandemic has made living with a diagnosis harder, but hard times show what people stand for. When the future is uncertain and the choices are tough, we stand for men with prostate cancer. We thank everyone involved for their continued support.”
While it may only be a drop in the bucket for these charities, seeing the casino industry step up and give to those in need is always positive and we’d love to see more of it in the future!