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Betfair becomes British Racing’s first authorised betting partner

3rd December 2015 1:31 pm GMT

British Racing has signed up Betfair as its first authorised betting partner, with the operator set to contribute an agreed percentage of its racing revenue from its betting exchange and sportsbook for the next three years.

British Racing’s new Authorised Betting Partner (ABP) programme begins from next April and aims to being an end to the long-term decline in amounts raised through the Horserace Betting Levy.

The percentage paid by Betfair over the-year funding arrangement is based on a [...]

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