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Press Release
May 24, 2007
NEW SUPPORT FOR RACING TRUST MARK
Paris, 24 May 2007
Today, three more betting operators have been welcomed at the Racing Trust Mark community, which aims to promote authorized betting and rule-based trade in the horseracing product.
The three new betting operators that have joined the Racing Trust Mark are The Hong Kong Jockey Club, Breeders’ Cup of the United States and The Jockey Club of Turkey.
This “good global wagering citizen” label distinguishes authorized businesses from all those, mainly off-shore operations that cause unfair competition by operating outside the law and without agreement of the tracks or economic return to the horsemen.
“With the development and roll-out of new technologies like digital and interactive TV, global satellite broadcasting, broadband communications, webstreaming and so forth, the racing product will become further globalised.” says Maurits Bruggink, IFHA’s Executive Director,” We aim to do everything we can to promote rule based trade in the racing and betting product, and stand up against pirating business. The Racing Trust Mark is the community for those who support this idea.”
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Notes
The IFHA is the single representative body for the global racing industry with membership comprising the racing authorities in over 50 countries, including all the main racing nations. It was formally established in 1993 to harmonize the rules of member countries regarding breeding and racing in order to maintain the integrity of each and protect the welfare of industry participants both human and equine. It now also elaborates common principles on wagering. For details: www.IFHAonline.org
The Racing Trust Mark is a label awarded by the International Federation of Horseracing Authorities (IFHA) to betting operators that offer authorized betting on horseracing. Betting can be considered authorized when the jurisdiction of the bettor allows the bets and the operator has the agreement of the racing organizer or rights holder to use the racing product. More information can be found on: www.RacingTrustMark.com
Contact:
Maurits Bruggink
Executive Director, IFHA
T. +33.1.56 09 93 40
mbruggink@IFHAonline.org
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