Irish racing to boost crypto bookies

Updated May 18, 2020 | Published May 18, 2020
[2 mins read]
Crypto sportsbooks have a lot to be excited about as the Irish government has given the go-ahead to continue horse racing in the country on June 8. This decision marks one of the biggest sports returns in recent weeks.
CGN inserter image 8
CGN inserter image 9

Previously, the Bundesliga, NASCAR and UFC have been the three events to give crypto bettors a reason to smile. Irish horse racing has been on hiatus since March 13, when the government issued a full suspension of all sports activity, horse racing included.

Horse Racing Ireland admittedly hoped to see horse racing return much sooner – in April. However, the government has not been able to convene and discuss the issue. Brian Kavanagh, chief executive at Horse Racing Ireland, said that the organisation was appreciative of the most recent developments.

He assured that moving forward, horse races can be staged safely behind closed doors, while observing all health standards and social distancing measures. There will be a “dedicated coronavirus protocol,” that will make sure to keep everything in check, including that indoor areas are well-ventilated.

Kavanagh is convinced that this is the right move to carry on. While the races will not quite take on the same size or glamor as events during regular times, they will still be a valuable addition to the racing schedule.

Specifically, such events can determine which horses are best and in what category, which will give guidance to the breeding industry behind horse racing which needs to see how horses perform so they know how to adapt and improve, Kavanagh noted.

Ireland is the latest country to announce the return of horse racing. Previously, the British Horseracing Authority said that it had agreed to renew racing events. New Zealand is also coming back later in May.

Crypto sportsbooks, such as Sportsbet.io, will be pleased to see the return as it looks to boost wagering following a lack of appealing content in recent weeks.

CGN inserter image 2

CGN senior journalist 

Share this post using buttons below
CGN inserter image 1
Share This