Roger Charlton said, “Thesis has been sold to race in Hong Kong. We half expected it, as Britannia winners and those who finish close up are invariably sold to race there.

“Where else do you go over here? You can tell owners they will win a group race, but there are not too many of them for horses rated like him and the prize money is greater over there.

“It is a shame, but there we are. What can you do.”

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• Flutter, which included Paddy Power, Betfair & Sky Bet
• bet365
• Entain which is Ladbrokes and Coral
• William Hill
• Kindred (Unibet)
• BetVictor
• Betway
• Rank Group (Grosvenor Sport)
• the Tote
• Fitzdares

In 2020, £250,000 was raised. This year the chartities that stand to benefit are: Prostate Cancer UK, Marie Curie, Care Radio and the three Armed Forces charities. In addition, the operators have agreed to make a donation to the charities even if they do not profit from the race.

Michael Dugher, chief executive of the BGC, said, “I am absolutely delighted that the BGC's largest members are once again leading this fantastic initiative, which will raise vital funds for some of the country's top charities.

“Racing is a sport that has the power to bring people together, and Royal Ascot is one of the great highlights of the calendar. Millions of people enjoy a flutter, and I'm proud that betting companies will donate their profits from one of Royal Ascot's top races to go towards some brilliant causes that will help so many people from across the country.”

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