BetMGM Partners with Ascot Racecourse for Title Sponsorship of Clarence House Chase Day

BetMGM is delighted to unveil a collaboration with Ascot Racecourse, taking on the title sponsorship for the esteemed Clarence House Chase Day on Saturday, January 20th.

This exciting agreement means BetMGM’s UK arm will have prominent branding throughout the day’s feature race, the Grade 1 BetMGM Clarence House Chase, offering a prize purse of £175,000 (roughly $223,000). This race regularly attracts the sport’s top contenders, with former victors like Altior, Un De Sceaux, and Sprinter Sacre solidifying their legacies. This year promises to be equally captivating, with a potential showdown brewing between Nicky Henderson’s Jonbon and Willie Mullins’ El Fabiolo.

BetMGM’s involvement extends further, sponsoring an additional five races on the day’s schedule, including the Grade 2 BetMGM Mares’ Hurdle (previously The Warfield) with a prize pool of £60,000.

The 2024 BetMGM Clarence House Chase Day will be the most lucrative to date, boasting a total prize fund of £415,000 distributed across the seven races. This represents a substantial 13% rise from the £366,400 awarded in 2022.

Sam Behar, Director of BetMGM UK, expressed his excitement: “We are privileged to collaborate with Ascot Racecourse and champion such a distinguished event. Securing the title sponsorship for this pinnacle of the racing calendar is a great honor for BetMGM and highlights our dedication to horse racing. We eagerly look forward to an exhilarating day of competition, especially the highly anticipated clash between Jonbon and El Fabiolo!”

Ascot Racecourse’s Commercial Director and Deputy CEO, Felicity Barnard, conveyed her eagerness regarding the collaboration with BetMGM for Ascot Race Day. She underscored the importance of their backing in reaching unprecedented prize funds for the occasion and their expectation of a tight-knit partnership throughout the BetMGM Clarence House Chase.

Barnard further stressed the enthusiasm surrounding the alliance and its prospects for expansion. She recognized the BetMGM Clarence House Chase as a pinnacle of the racing calendar, anticipating yet another fiercely contested race this year.

This declaration comes on the heels of BetMGM’s recent entitlement agreement with the Premier League Darts Championship earlier this month, indicating their growing footprint within the realm of athletics.

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Jace "Joker" Walton

With a Ph.D. in Dynamical Systems and a Master's in Sociology, this accomplished writer has a deep understanding of the complex interplay between mathematical models and social phenomena in the context of gambling. They have expertise in chaos theory, social dynamics, and mathematical sociology, which they apply to the study of the emergent properties of gambling systems and the development of strategies to promote social stability and resilience in casino environments. Their articles and news pieces provide readers with a socio-dynamical perspective on the casino industry and the strategies used to navigate the complex and unpredictable landscape of gambling.

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