Gibraltar-based online betting operators bet365 and 32Red have agreed a voluntary contribution to help fund horse racing in the UK, joining Betfair as Authorised Betting Partner (ABP) of British Racing.
British Horseracing Authority (BHA) chief executive Nick Rust revealed that the trio will pay the industry a levy of 7 pence on every £10 bet placed on British horse racing in order to achieve ABP status.
Authorised betting partners will be granted a package of benefits that allow them [...]