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Online Bookie Stan James and The Jockey Club sign five year agreement

Stan James and The Jockey Club sign five year agreement
 
Global online gaming operator, StanJames.com, announced a major five-year sponsorship agreement with The Jockey Club this week that will result in one of the showpiece events at Cheltenham Festival becoming the Stan James Champion Hurdle.
 
The six-figure sponsorship deal represents a major commitment by StanJames.com to The Jockey Club's 'Racing for Change' initiative, which is designed to modernise racing and broaden its appeal to a wider consumer audience.
 
StanJames.com takes over sponsorship of the Champion Hurdle from Smurfit Kappa and the five-year agreement also includes sponsorship of the Fighting Fifth, Newcastle, The International meeting, Cheltenham, and The Champion Trial, Haydock.
 
Denis Kelly, chief executive of StanJames.com says, "We are delighted to be supporting The Jockey Club with this five-year sponsorship agreement. We have always looked to support racing through key events and high-profile sponsorships so we are delighted to be backing the Stan James Champion Hurdle, the biggest and most valuable hurdle race of the entire season."
 
Kelly continues, "We share the goal of the industry, through 'Racing for Change', to bring racing back into the public's line of vision, increasing its relevance to sports fans and those with leisure time. I hope that our sponsorship of three of the races on The Road to Cheltenham, including major races at Newcastle and Haydock Park, will help to achieve that aim. This is a significant investment for us and demonstrates our commitment to racing for the long term."
 
Cheltenham managing director Edward Gillespie said, "This is great news for Cheltenham, for Newcastle, for Haydock Park and for British racing at a commercially challenging time. It has long been an ambition of ours to strengthen the narrative running through the jump racing season and, having a single sponsor backing four of the most important two-mile hurdle races, will enable a continuity to the promotion of that category. On behalf of Cheltenham and also the teams at Newcastle and Haydock Park, I'd like to express our enormous gratitude to Stan James for having the vision to back some of the most important races of the season in such a joined-up way."

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Gambling News :

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

SOUTH KOREANS BUSTED IN THAILAND ON ONLINE GAMBLING CHARGES - Those detained were named as Jeong Kyujin (35), Han Kyoreh (26), Choi Sung Ming (35) and Bae Jeonghwan (26), all of whom claimed that they had bene hired by a Korean man to operate online gambling sites.

China Lottery Sales Up in 2016 - The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).

New chairman and a new director for 500.com - Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.

Russian betting Sites to face rise in tax rates - Online bookies also pay a 1 percent commission on each transaction through the TSUPIS, and face levies at 5 percent of GGR to assist Russian sports federations.

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