Illegal betting market could take $80 million during Cheltenham Festival, BGC warns

Britain’s illegal gambling market could capture up to £60 million ($80.14 million) in bets during the Cheltenham Festival, the Betting and Gaming Council (BGC) warned, highlighting concerns that criminal operators are targeting one of horse racing’s biggest events. The four-day Cheltenham Festival is estimated to attract as much as £1 billion ($1.34 billion) in total betting stakes, making it… Original article: https://www.yogonet.com/international/news/2026/03/17/118110-illegal-betting-market-could-take-80-million-during-cheltenham-festival-bgc-warns