London, 17 February 2017 – Sporting Index have reached an agreement with British racing under the Authorised Betting Partner (ABP) model.

The leading sports spread betting firm have committed to maintain a funding relationship with British racing until at least 31 March 2019.

Under the terms of the ABP agreement, Sporting Index have confirmed that the company’s existing remote betting operations currently fall within the scope of the Levy.

If Sporting Index move any part of their operations outside of the UK during the term of the agreement, the firm have agreed to make voluntary contributions to British racing in line with ABP terms.