In the month of February, Betfair online gambling company had gone through a sponsorship agreement for giant National Hunt Meeting of Newbury. This event features one of the richest handicap hurdle race of Europe in which prize money is raised to 152,500. This hurdle race was previously titled as Totesport Trophy, which is now operating as Betfair Hurdle race as the part of agreement for at least 3 years. In addition to this, Betfair had announced the sponsorship of coverage of RTE’s horseracing for the whole year 2012.
RTE had televised 23 days racing in one year within Ireland and features popular festivals and events as Leopardstown, Punchestown, Royal Ascot and Cheltenham. As per one of the spokesmen of Betfair, Barry Orr, “Betfair is excited to join RTE Sports for sponsorship of their media coverage. Being one of the long time supporters of racing of Ireland, this huge investment will help in securing latest coverage of all races and sports across RTE”.
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