{"id":200,"date":"2024-06-18T02:31:06","date_gmt":"2024-06-17T23:31:06","guid":{"rendered":"https:\/\/godofgambling.icu\/2024\/06\/18\/bookmakers-donate-to-uk-charities-despite-royal-ascot-betting-downturn\/"},"modified":"2024-06-20T17:01:31","modified_gmt":"2024-06-20T14:01:31","slug":"bookmakers-donate-to-uk-charities-despite-royal-ascot-betting-downturn","status":"publish","type":"post","link":"https:\/\/godofgambling.icu\/2024\/06\/18\/bookmakers-donate-to-uk-charities-despite-royal-ascot-betting-downturn\/","title":{"rendered":"Bookmakers Donate to UK Charities Despite Royal Ascot Betting Downturn"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/t6mXeoSpaYc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Although experiencing a downturn on wagers at the celebrated Royal Ascot, oddsmakers are nevertheless contributing a considerable amount to charitable organizations within the UK. <\/p>\n<p>The Betting and Gaming Council (BGC) affiliates, encompassing prominent entities such as Flutter, bet365, and Entain, will be relinquishing a combined \u00a3277,000 (approximately $352,000). This philanthropic act, stemming from their commitment to contribute all earnings from the Britannia Stakes race at Royal Ascot, will be distributed among six UK charities.<\/p>\n<p>While the previous year&#8217;s race yielded a significant \u00a3120,000 for the designated charities, this year&#8217;s outcomes were not as favorable for the bookmakers.  Despite this, they resolved to uphold their promise and guarantee the charities received a substantial sum.<\/p>\n<p>Michael Dugher, the BGC&#8217;s Chief Executive, conveyed his satisfaction, remarking, &#8220;It&#8217;s remarkable that BGC members are yet again positioned to make such a sizable contribution to a spectrum of deserving organizations. I am certain the funds we generated will have a profound impact on the commendable endeavors undertaken by all the charities that will profit.&#8221; He proudly mentioned that BGC members have now amassed nearly \u00a36 million for charities nationwide.<\/p>\n<p>This act of giving signifies the fourth consecutive year where BGC members have generously bestowed their Britannia Stakes proceeds. <\/p>\n<p>Tim Lawler MBE, Chief Executive of SportsAid, one of the recipient charities, articulated his appreciation, stating, &#8220;We are immensely thankful for this generous contribution. We take great pride in being a participant in this impactful initiative, which constitutes a part of the esteemed and quintessentially British Royal Ascot.&#8221; <\/p>\n<p>This isnt the initial instance of a philanthropic endeavor failing to reach its monetary objectives.  Previously in the year, William Hill, a wagering firm, committed to contributing all earnings from the Eurovision Song Contest finale to &#8220;Support Ukraine,&#8221; a humanitarian group.  When Loreen, the anticipated victor from Sweden, triumphed, William Hill declared a contribution of \u00a3200,000.  Nevertheless, this sum was provided even though wagers on the competition had actually risen by 23% in contrast to the prior year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although experiencing a downturn on wagers at the celebrated Royal Ascot, oddsmakers are nevertheless contributing a considerable amount to charitable organizations within the UK. The Betting and Gaming Council (BGC) affiliates, encompassing prominent entities such as Flutter, bet365, and Entain, will be relinquishing a combined \u00a3277,000 (approximately $352,000). This philanthropic act, stemming from their commitment [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Bookies Donate Royal Ascot Winnings to Charity<\/title>\n<meta name=\"description\" content=\"Despite a dip in bets at Royal Ascot, major UK bookmakers like Flutter and bet365 are donating a whopping \u00a3277,000 in Britannia Stakes earnings to charity. 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