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Coral have signed up to TurfTV


Carl

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Coral have become the first of Britain’s four biggest bookmaking chains to sign up to TurfTV, in the process ensuring that the company will show live racing from every British racetrack in their betting shops next year. :clap The deal represents a significant breakthrough for TurfTV, the company to which 31 racecourses have committed their pictures. The five-year contract, which was signed on Saturday, hands Coral a trading advantage against their high street rivals. Ladbrokes, William Hill and Betfred have so far rejected the TurfTV service and will therefore be unable to show live races, apart from those on terrestrial televison, from the 31 tracks — among them Ascot, Cheltenham, Epsom and Newmarket — from January 1. The other 28 tracks are contracted to TurfTV’s rival, Satellite Information Services, in which Ladbrokes, William Hill and Betfred are shareholders. Betting shops owned by those firms are now in the minority as the Coral deal takes the number of Britain’s shops broadcasting the full racing service to 4,000 — or 60 per cent. It remains to be seen whether the three dissenters hold out now that Coral have broken ranks. Punters will quickly learn which betting shops have the full racing service and are expected to gravitate towards them. Coral, which has no shareholding in SIS, posted record annual pre-tax profits of £310 million this month.

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