The collaboration includes the headline sponsorship of the day's main event， the £175，000 ($223，000) Grade 1 BetMGM Clarence House Chase， a race adorned by past champions such as Altior， Un De Sceaux and Sprinter Sacre.

This year， top contenders Jonbon and El Fabiolo are poised to face off under the guidance of trainers Nicky Henderson and Willie Mullins. 

BetMGM's sponsorship also extends to five additional races on the card， notably the £60，000 Grade 2 BetMGM Mares’ Hurdle (Registered as The Warfield).

Setting a new benchmark， the total prize money for the BetMGM Clarence House Chase Raceday in 2024 reaches a record £415，stardust slot 000 across seven races， reflecting a 13% increase from the £366，400 offered in 2022. 

Sam Behar， UK Director of BetMGM， commented: “We’re delighted to be partnering with Ascot for such a prestigious fixture. It's a proud moment for BetMGM to be the title sponsor for this huge event in the racing calendar， further solidifying our commitment to horse racing. Now we just can’t wait to watch the action， hopefully with a fantastic battle between Jonbon and El Fabiolo!”

Felicity Barnard， Commercial Director and Deputy CEO at Ascot Racecourse， added: “We are thrilled to welcome BetMGM on board as raceday sponsors at Ascot and look forward to working with them across the BetMGM Clarence House Chase Raceday. 

“We are excited about growing this relationship with them and their support is crucial in helping us to deliver record-breaking prize money for the day. The BetMGM Clarence House Chase is always one of the highlights of the season and it is shaping up to be another high-class running of the race.”

This sponsorship deal comes after BetMGM was also announced as the new title sponsor of Premier League Darts earlier in the month.