Betfair is the world's largest Internet betting exchange. The company is based in Hammersmith in West London, England. Since Betfair was launched in June 2000 it has become the largest online betting company in the UK and the largest betting exchange in the world. Betfair claim to have over 3 million customers and a turnover in excess of £50 million a week. The company employs about 1200 people in the UK.
Ascot Racecourse (pron.: /?æsk?t/) is a famous English racecourse, located in the small town of Ascot, Berkshire, used for thoroughbred horse racing. It is one of the leading racecourses in the United Kingdom, hosting 9 of the UK's 32 annual Group 1 races. The course is closely associated with the British Royal Family, being approximately six miles from Windsor Castle. It is owned by Ascot Racecourse Ltd.[1]