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King George VI & Queen Elizabeth Stakes
The online betting exchange Betfair has committed to taking over the Ascot 2009's King George VI & Queen Elizabeth Stakes sponsorship, and next July the race will carry a prize of GBP 1 million for the first time - a significant increase on 2008's GBP 850 000.
The UK-based firm is buying not just into a summer highlight of British racing – but into aristocratic circles. Ascot is owned by the British Crown, and until 2006 the July race had been sponsored for more than 20 years by the
international diamond company De Beers. Queen Elizabeth II gave her consent in 1975 for "Diamond" to be included in the race's name.
The Betfair sponsorship is set to run initially for five years, and includes the rights to advertise widely....but not in the exclusive Royal Enclosure.
Royal Ascot's chief executive, Charles Bennett, explained: "The King George VI & Queen Elizabeth Stakes is the headline agreement in a substantial seven-figure deal over five years that Ascot and Betfair believe will develop into a wider commercial relationship."
The contest will be the centrepiece of what will now be "Betfair Weekend at Ascot," while Betfair will also be sponsoring the Ascot Chase next February.
Stephen Burn, Betfair's director of horseracing, said: "We are very pleased that Ascot understand our business and are keen to work with us in a way that we have been hoping to work with racing for such a long time – the Ascot executive has been very forward thinking. It had never been our intention to try to slap our name in front of the King George. This is a ground-breaking agreement, especially as it takes us up to and beyond the course's historic tercentenary in 2011."
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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