Limerick Racecourse has announced Matchbook Betting Exchange as the new sponsor of the Matchbook Betting Exchange Grade 1 Novice Chase on St Stephen’s Day as part of a three-year agreement.

The Matchbook Betting Exchange Grade 1 Novice Chase is the feature race on St. Stephen’s Day, the opening day of the iconic four day Mr Binman Christmas Racing Festival.

The Matchbook Betting Exchange Grade 1 Novice Chase will be shown live on RTE television on St Stephen's Day.

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Matchbook is a sports betting exchange community, the Cork-based company are a growing force in Ireland and the UK.

Patrick O’Callaghan, General Manager of Limerick Racecourse, commented:

“We are delighted to welcome Matchbook Betting Exchange to Limerick Racecourse as sponsor of The Matchbook Betting Exchange Grade 1 Novice Chase for the next three years.

The Matchbook Betting Exchange Grade 1 Novice Chase has always been a distinctive race with notable winners in recent years.

“Thanks to their very generous support we will be increasing the prize fund to €100,000 which will make it one of the most valuable races run in Ireland on the day. We look forward to working with the Matchbook team and making this a very successful partnership over the coming years."

Mark Brosnan, CEO of Matchbook, said:

"We are delighted to further expand our sponsorship portfolio in Ireland with this high-quality Grade 1 Novice Chase at Limerick.

It is important to us that our sponsorship makes a difference and we are thrilled that our contribution to the prize fund brings it up to €100,000.

“The partnership is made extra special being Limerick’s first ever Grade 1 race and this three-year partnership further demonstrates Matchbook’s commitment to the horse racing industry.”