bet365 ends several British horseracing sponsorship agreements
bet365 has ended or declined to renew sponsorship agreements for races at Haydock and Newmarket in Great Britain, the company said, citing higher gambling taxes as a factor. It will complete its existing term as title sponsor of the Craven Meeting but will not renew it; its Haydock arrangements had lasted more than 20 years.
The withdrawals remove sponsorship support from several race meetings and reflect bet365’s response to the tax regime.