Ireland – It is being reported today that horse racing at Thurles Racecourse has experienced an increase in betting volume of almost two-hundred percent and an increase in revenue fourfold compared with the previous year, amid Covid-19 betting downturn.
Thurles Racecourse is a horse racing venue in the town of Thurles, County Tipperary, Ireland which stages National Hunt racing.
Bookmakers across Europe witnessed a spike in wagers being placed following a weekend of racing at the venue, which was also broadcast by a popular TV channel in the UK.
A spokesperson for one leading sportsbook in the UK said:
“The numbers show people are engaged with racing and want that distraction. It was the only show in town and being on ITV is a massive help. It was light relief and offered a thread of normality and something for people to look forward to.”
Another spokesperson added:
“As the racing was mostly competitive, it proved an attractive betting proposition for punters even considering it was the only meeting on. With our retail estate not being open, it’s hard to gauge how much more we would have turned over. But in the end we turned over four times the amount we did on the same meeting last year with the 4.10 topping it turnover-wise.”
Ladbrokes Coral, a British betting and gambling company acquired by GVC Holdings in March 2018 also contributed to the discussion and news during an extremely quiet period amid the coronavirus outbreak:
“We are really encouraged, and not entirely surprised, by what were really strong turnover levels on the Thurles meeting on Saturday across both Ladbrokes and Coral digital channels. We took as much money on Thurles as we would on a televised UK feature race meeting on a Saturday, and the number of active Ladbrokes and Coral racing customers betting on Saturday was also healthy given Thurles was the only show in town. The value of Irish racing each day this week cannot be underestimated either. Even without the terrestrial coverage, the popularity of bet and watch enabled all our customers to watch the Irish action at Downpatrick on Sunday, and a terrific Flat card at Naas tomorrow. Irish racing is proving an oasis in the desert for racing fans and punters.”
The Native Upmanship Novice Chase is a Grade 3 National Hunt novice chase in Ireland which is open to horses aged five years or older. It is run at Thurles Racecourse over a distance of about 2 miles and 2 furlongs and takes place each year in March.