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Bookies reveal racing is holding its own in World Cup betting
battle |
24/06/2010 |
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Chris Cook at Salisbury |
Racing received some surprising and welcome news
yesterday when two major bookmakers revealed that betting on the sport has
remained robust through the early stages of the World Cup, in spite of fears
that hard-up punters would restrict themselves to the football.
Ladbrokes and Totesport confirmed that interest in
the action at Royal Ascot last week had actually increased in parts of their
business and offered the hope that racing might end up gaining from new
customers being introduced to gambling through football.
"It's been
encouraging so far," said George Primarolo, the spokesman for Totesport.
"During Royal Ascot, our turnover on racing was up on last year, by about 4% on
phones and internet and less in the shops. And that flies in the face of any
fears racing had that it might be driven down by having to compete."
Great concern was expressed at the start
of this month when, in the days running up to the Derby, many betting shops
used their windows to promote the World Cup rather than the premier Classic.
Powerful figures in racing feared that bookmakers were trying to divert their
customers to other sports, which would have the effect of reducing the levy
that firms pay on their profits from racing.
"But if that attracts
people who don't normally go into betting shops, then those people may end up
having a bet on the races," Primarolo argued. "So I don't think it's
necessarily a bad thing.
"There's still a stigma attached to betting
shops for many people but that's not the case any more and there are some quite
nice shops around. If new people come in and enjoy the experience, they'll
hopefully come back."
That sentiment was echoed by David Williams of
Ladbrokes, who said: "The whole idea of a World Cup is that it brings in brand
new customers and if they come in to bet on Slovenia, they may end up betting
on Goodwood as well. It's tricky to say that football's taking turnover from
racing, because football's boom may end up being racing's boom but not
yet."
Williams said that Ladbrokes betting shops had suffered a 10%
drop in Royal Ascot turnover, but that was offset by a 25% increase in business
done over the phones and on the internet, reflecting a change in punters'
habits.
The attendance here yesterday took a hit as many opted to watch
England's game against Slovenia elsewhere, with just over 2,000 people coming
through the gates, down by almost a third on the same card last year. "When the
[World Cup] fixtures came out at the back end of last year, we knew that this
day was going to have a direct clash with the third game," said the track's
manager, Jeremy Martin, "so we made provisions we've got an additional
big screen, 12 metres square, just beyond the betting ring, which will be
dedicated to showing the football.
"It'd be naive to think that it
wouldn't affect us. It's well known that when England play in big competitions,
pretty much the whole country stops, it's a priority for so many people."
Hundreds of racegoers gathered between the stands rail and the big
screen to watch yesterday's game and seemed not to know which way to look when
the races began. Mahadee made a jinking run through the opposition with a
furlong to go in the mile handicap, just as Wayne Rooney galloped towards goal,
while punters span like tops in an attempt to take it all in.
The cheer
that greeted the final score was followed moments later by a groan from the
racecourse office as the news came through that the US had scored against
Algeria. That meant England finished second in their group rather than top and
will play their next match on Sunday afternoon, clashing with another day's
racing at Salisbury.
Martin acknowledged that Sunday's fixture, when a
family crowd of 4,000 or 5,000 would normally be expected, is vulnerable to an
even greater drop in attendance than yesterday's, partly because he had thought
there would be no need to order a second big screen to show the game. He was
last night scrambling to arrange one at short notice.
"It wasn't what I
was anticipating. We thought England would win [the group] and play the next
game on Saturday night. If we don't get a second screen we'll just have to chop
and change between the racing and the football."
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