The former horse racing breeder for the Queen, James, and the CEO of Furlong Games and investment banker, Hugh, have combined for a horseracing venture which should see the racehorse lotto growing into a competition for horse racing fans to win their racehorse.
What’s up for grabs?
Much like regular lottery ventures, there is a jackpot, in this case, a racing horse, with training and vet bills included, and the added benefit of more income down the line should the horse keep winning. Other prizes include £500 of race day spending money or a cash jackpot of £150,000.What have the investors got to say?
It seems the O’Donnell brothers are now making a push to make this lottery a reality. The brothers have expressed that there is a demand for horse racing lotteries, pointing to the fact that there are 8,000 for over 11 million racing fans across the country.Speaking to The Telegraph, Hugh O’Donnell said: “We see an enormous opportunity not only to create a once-in-a-lifetime dream for many racing fans, but also to give back to the sport, much required after the last couple of years, and to build a substantial international business too in time commencing with expansion into Ireland next year.”