bank of america | Horse Racing Free Tips

Keeneland welcomed back Bank of America as the sponsor of the GIII Valley View S., which is set for Friday, Oct. 27, and the financial institution also becomes the presenting sponsor of the Preview Brunch that will precede the 11th Sporting Art Auction at Keeneland's Sales Pavilion on Saturday, Nov. 18, the organization said in a release Friday.

“Keeneland is delighted that Bank of America has joined our roster of corporate sponsors, who participate in a variety of events and activities here and play an important role in our success,” Keeneland Vice President and Chief Marketing Officer Christa Marrillia said. “We thank Bank of America for their commitment to this community and the Thoroughbred industry and look forward to celebrating our new relationship.”

The Bank of America Preview Brunch begins at 10 a.m. and is for attendees of the Sporting Art Auction slated for noon.

“Keeneland is an iconic organization well-known for its high standards in the Thoroughbred industry not only in Lexington but also throughout the world,” said John L. Gardner, President Bank of America Kentucky. “Bank of America is honored to support Keeneland in these prestigious events, which also support our community as we expand and grow in Kentucky.”

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The National Thoroughbred Racing Association (NTRA) today confirmed that Bank of America, the second-largest bank in the United States and one of the largest card-issuing banks in the country, has for the first time begun approving debit card deposit transactions with U.S. licensed and regulated advance deposit wagering companies (ADWs).

The decision by Bank of America, which began accepting debit card transactions in mid-August, is expected to have a positive impact on overall U.S. pari-mutuel handle.

“This is another positive step for Thoroughbred racing and one that would not have come about without the support of Bank of America and the advocacy on behalf of our industry by Rep. Andy Barr (R-KY) and his staff,” said NTRA President and Chief Executive Officer Alex Waldrop.

“I commend Bank of America for expanding access to wagering on Thoroughbred horse racing for the roughly 66 million Americans that the bank serves,” said Barr, who serves on the U.S. House of Representatives Financial Services Committee. “This is a win for Bank of America customers and the horse racing industry. Bank of America's decision will strengthen the horse racing industry in the Commonwealth and throughout the United States.”

The post Bank Of America Approves ADW Transactions appeared first on Horse Racing News | Paulick Report.

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