Sporting Index signs up as Authorised Betting Partner

Sporting Index has become the latest operator to be certified as an Authorised Betting Partner (ABP) of the British Horseracing Authority (BHA), the national governing body for horse racing.

The sports spread betting firm has committed to an agreement that runs through to March 2019.

Sporting Index had agreed to a clause whereby should it opt to relocate any part of its operations outside of the UK during the term of the agreement, it will make voluntary contributions to the BHA in line with ABP terms.

The ABP scheme requires members to maintain a funding relationship with the BHA.

“Sporting Index have been passionate supporters of British racing for 25 years and I’m delighted to underline our commitment to the future of the sport by becoming an Authorised Betting Partner,” head of Sporting Index Paul Turner said.

“We are looking forward to working closely with British racing in the years to come and hope the sport continues to grow.”

Will Lambe, director of corporate affairs for the BHA, added: “The Authorised Betting Partner initiative remains of critical importance to the health of industry and will continue until the new Levy Replacement system is implemented in April.”

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