BGC Grand National Charity Bet campaign raises over £15,000 for good causes
CHARITIES across the United Kingdom have won BIG thanks to the Betting and Gaming Council (BGC) Grand National Charity Bet campaign, which has raised over £15,000 for good causes.
Over 50 parliamentarians placed a charity bet on Saturday’s Grand National, with the UK’s biggest betting operators handing over all winnings to the MP’s charity of choice.
The eventual winner was 7/1 favourite I am Maximus, ridden by Paul Townend, owned by JP McManus and trained by the legendary Willie Mullins. The Grand National win for a Mullins trained horse comes nine years after Hedge Hunter romped home in 2015.
The parliamentarians who backed the winner were Christian Wakeford MP, Maria Caulfield MP, Justin Tomlinson MP, Greg Smith MP, Peter Aldous MP, Preet Gill MP and Liam Kerr MSP.
While Bob Blackman MP had a winner with an each way bet by backing Ain’t That A Shame which came in sixth.
Some of the winning good causes included Sir Jackie Stewart’s Race for Dementia, Raystede Centre for Animal Welfare and The Fed – social care charity for the Greater Manchester Jewish Community.
Charities up and down the country have won big thanks to the BGC Grand National Charity Bet campaign, which has raised over £15,000 for good causes. Over 50 parliamentarians visited local betting shops to place a charity bet.
— Betting and Gaming Council (@BetGameCouncil) April 16, 2024
However, every nominated charity will receive at least £250 after BGC members including William Hill, Ladbrokes, Coral, Paddy Power and Betfred pledged to support charities even if MPs horses didn’t win.
These donations, combined with the winners, raised a total of £15,115.
It now means that BGC members – large and small – have raised more than £6 million for good causes since their formation in 2019.
Michael Dugher, the BGC’s chief executive, said: “600 million people from all over the world tuned in to watch one of the best Grand Nationals ever, including millions in the UK on ITV.
“An estimated 12 million people in the UK – roughly a third of adults – enjoyed a bet on the National showing once again that for millions of us having a flutter is part of our great British culture.
“I want to pay tribute to all the thousands of people who work in betting shops to help support hard-pressed high streets and local economies. I would like to thank all those MPs who took part for supporting so many fantastic good causes and for taking the time to visit constituents working in betting shops.
“We had more MPs than ever before, from right across the political divide, ministers and shadow ministers, supporting the BGC and supporting the Grand National. I would like to thank all of our members for once again supporting the initiative”.
MPs were invited to visit either a Paddy Power, William Hill, Ladbrokes, Coral, Betfred or local independent betting shops including JenningsBet and Corbett Bookmakers, in their constituency to place the charity bet.
The Grand National was expected to generate £3m in tax revenues for the Treasury and £2m in horse racing levy to support the sport.
The regulated betting and gaming industry already makes a huge economic contribution throughout the UK, with a recent report by EY revealing BGC members support 110,000 jobs, generate £4.2bn in tax and contribute £7.1bn to the economy in gross value added.
They also help fund horseracing with over £350m through sponsorship, media rights and the betting levy, provide £40m for the English Football League and its clubs and millions more for rugby league, darts and snooker.
Betting shops support 42,000 jobs on the UK’s hard-pressed high streets, contribute £800 million a year in tax to the Treasury and another £60m in business rates to local councils.
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