Online sportsbooks are temporarily increasing their contributions to the UK racing industry while betting stores are closed during the pandemic. [Image: Shutterstock.com]Vital fund taobao soccer ingOnline sportsbooks are increasing how much they pay the UK racing industry for data and streaming deals up to December 2. The aim of the bump is to help downsize the negative impact that retail betting store closures will have on racing during the national lockdown in England. The UK Betting and Gaming Council (BGC) welcomed these additional fees in a tweet on Tuesday:Great coverage in the @RacingPost and @thetimes of bookmakers agreeing to pay additional fees on existing streaming and data deals, providing much-needed revenue for racing ? pic.twitter.com/zIb0tjg2T1— Betting and Gaming Council (@BetGameCouncil) Nove mobilebet365 online casino India mber 10, 2020Sportsbooks have already mad taobao online Best Online Casino e an agreement with the Racecourse Media Group (RMG) about the provision of data and streaming to the sportsbooks, covering events across 35 racetracks in Britain and 26 in Ireland. At The Races represents the rights of the other British racetracks, such as those courses owned by the Arena Racing Company, and an agreement with sportsbooks is reportedly close to completion.There were similar deals made in June and July when racing got back in action, but the retail betting stores were still closed as a result of the initial national lockdown.Costly shutdownsAccording to estimates, the latest national lockdown that began on November 5 could cost British racing as much as £12.5m ($16.5m) through lost levy and media rights payments. The new agreements will reportedly make up India Football Predictions Site for about 50-60% of the lost revenue. Newbury Racecourse chief executive Julian Thick acknowledged the sportsbooks for making greater contributions but warned that these increases will not cover the racecourses’ losses.since the middle of March, there have not been any crowds at racesWith a ban on spectators at professional sporting events still in place, racecourses are experiencing significant financial difficulty, as more than half of their income comes go188 from race day crowds. Since the middle of March, there have not been any crowds at races, except for two pilot meetings in Warwick and Doncaster.BGC welcomes increaseThere is no guarantee that the betting stores will reopen once the national lockdown ends. The UK Betting and Gaming Council (BGC) is seeking clarity on this issue, calling on the government to “treat betting shops fairly.” The industry association is making the case for taobao against taobao correct score betting stores to reopen when other non-essential retail operations restart. In addition, the BGC is calling for the allowance of socially distanced crowds at races as soon as possible.BGC chief Michael Dugher acknowledged the support that sportsbooks are now giving the racing industry. He went on to note that a healthy betting industry is vital for the future of horse racing, something that needs to be considered during the government’s upcoming review of gambling legislation.