down cross right results icon premium content video video hollow icon audio lifeNews icon-comment tick starFilled betSlip hot icon-liveCommentary refresh spinner arrow-down
coral logo ladbrokes logo betway logo williamHill logo bet365 logo paddypower logo unibet logo betfair logo skybet logo tote logo
TODAY'S OFFERS
TODAY'S BOOKMAKER OFFERS
Exclusive to new customers:
  • View offer
    Money back as a bonus up to £40
    Claim this offer
    Money back as a bonus up to £40 if your first racing bet loses + £10 casino bonus. Min deposit £10. Money back as bonus. Wagering requirements: Sportsbook 3x at min odds of 2-5 (1.40), Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in. T&Cs apply
  • View offer
    £20 RISK FREE FIRST BET
    Claim this offer
    New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
  • View offer
    Bet £10 get £30 in free bets
    Claim this offer
    Open a betting account with Coral through our site and when you place your first bet on horse racing (£10 or more) they'll give you 3 x £10 free bets. 18+. UK+IRE New Customers Only. First bet at least £10 or £10 each-way, at fractional odds totalling 1/2 or greater. Free Bets credited as 3 x £10. Free bet valid for 7 days. Free bet will not be included in any winnings. T&Cs Apply
  • View offer
    Up to £100 in Bet Credits
    Claim this offer
    Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
  • View offer
    £10 risk-free first bet
    Claim this offer
    Place your first bet on Pools and if it loses we'll refund your stake in cash. Max refund is £10. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. E-wallet deposit restrictions apply.
  • View offer
    Bet £10 get £30 in free bets
    Claim this offer
    Open an account with William Hill using promo code P30, bet £10 and get £30 in free bets. Min £10 stake, win only, min odds 1/2, free bets paid as 2 x £15, 30 day expiry, free bet/payment method/player/country restrictions apply. T&Cs apply
  • View offer
    Bet £5 get £20 in free bets
    Claim this offer
    Open an account with Sky Bet and get £20 in free bets when you place a £5 bet. First single and EW bet only. Odds of 1-1 or greater. 2x £10 bet tokens. Free bet stakes not included in returns. Free bets are non withdrawable. No free bet expiry. Eligibility restrictions. Further T&Cs apply. 18+
  • View offer
    GET UP TO £100 IN FREE BETS
    Claim this offer
    New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs apply.
  • View offer
    Bet £5 get £20 in free bets
    Claim this offer
    Open an account with Ladbrokes and place £5 of bets, you'll get £20 in free bets. 18+ New UK+Ire customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1-2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply.
  • View offer
    Bet £5 get £20 in free bets
    Claim this offer
    Open an account with Sky Bet and get £20 in free bets when you place a £5 bet. First single and EW bet only. Odds of 1-1 or greater. 2x £10 bet tokens. Free bet stakes not included in returns. Free bets are non withdrawable. No free bet expiry. Eligibility restrictions. Further T&Cs apply. 18+
  • View offer
    UP TO £50 IN FREE SPORTS BETS
    Claim this offer
    Place a single £10 Sportsbook bet and get money back as a free bet if it loses.There are x5 Free Bets available. Max refund per qualifying bet is £10. Only deposits made via Credit/Debit Card will be eligible for the promotion. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
  • View offer
    Up to £100 in Bet Credits
    Claim this offer
    Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
  • View offer
    Bet £10 get £40 in free bets
    Claim this offer
    Open an account with Ladbrokes and place £10 in bets and you'll get £40 in free bets. 18+ New UK+Ire customers. Paypal and certain deposit types and bet types excluded. Min £10 bet within 14 days of account reg at min odds 1-2 = 4 x £10 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply.
  • View offer
    Bet £10 get £40 in free bets
    Claim this offer
    Open a betting account with Coral through our site and when you place your first bet on horse racing (£10 or more) they'll give you 4 x £10 free bets. 18+. UK+IRE New Customers Only. First bet at least £10 or £10 each-way, at fractional odds totalling 1/2 or greater. Free Bets credited as 4 x £10. Free bet valid for 4 days. Free bet will not be included in any winnings. T&Cs Apply
  • View offer
    UP TO £50 IN FREE SPORTS BETS
    Claim this offer
    Place a single £10 Sportsbook bet and get money back as a free bet if it loses. There are x5 Free Bets available. Max refund per qualifying bet is £10. Only deposits made via Credit/Debit Card will be eligible for the promotion. T&Cs apply.
  • View offer
    Bet £10 get £40 in free bets
    Claim this offer
    Open an account with William Hill using promo code W40, bet £10 and get £40 in free bets. Min £10 stake, win only, min odds 1/2, free bets paid as 4 x £10, 30 day expiry, free bet/payment method/player/country restrictions apply. T&Cs apply

Phoenix Thoroughbreds founder accused of stealing €100m from global Ponzi scam

Amer Abdulaziz: one of the most high-profile figures in international racing
1 of 1

Phoenix Thoroughbreds founder Amer Abdulaziz Salman has been named as a key figure in a major money-laundering operation for an international cryptocurrency fraud from which he allegedly stole €100 million before launching his global racehorse ownership enterprise, a US court heard this month.

The stunning claim came during the testimony of Konstantin Ignatov, the co-founder of fake cryptocurrency OneCoin, as part of the trial of US lawyer Mark Scott, who on Thursday was found guilty of fraud and laundering $400m in illegal funds for the OneCoin founders.

The Racing Post has been unable to verify the allegation, made under oath in a New York court, and multiple attempts to contact Abdulaziz for comment over the weekend have been unsuccessful. Abdulaziz's bloodstock agent, Dermot Farrington, is understood to have quit his role after becoming aware of the accusation.

Dubai-based Abdulaziz, 56, launched Phoenix Thoroughbreds in 2017 as the “world’s first regulated thoroughbred fund” and has since become one of the most high-profile figures in international racing and bloodstock, often flexing the significant financial muscle of his fund at the sales and through private purchases.

Phoenix Thoroughbreds founder Amer Abdulaziz at a sale last year

Ignatov, who pleaded guilty this month to money-laundering and fraud as part of the estimated $4 billion scam, has been cooperating with US prosecutors and alleged Abdulaziz was one of the operation’s web of money-cleaners under the guidance of Gilbert Armenta, boyfriend of OneCoin’s other co-founder Dr Ruja Ignatova.

Asked in court who Armenta worked with, Ignatov said: “Mark Scott, Amer Abdulaziz and Alex Ortega.”

Ignatov went on to claim Abdulaziz stole from the scam, which involved the creation of a fake cryptocurrency that investigators say in fact amounted to a Ponzi scheme.

He said: “Amer Abdulaziz, after he stole €100m from OneCoin, he started buying racehorses for, like, €25m. [He was] one of the main money-launderers for Ruja.”

Ignatov added the theft was not reported as “the money came from a criminal activity”, while Abdulaziz is allegedly named in emails between Ruja Ignatova and her co-conspirators.

The Racing Post has also seen a draft transcript of the September 2018 interview between Mark Scott and FBI agents after he was arrested on suspicion of money-laundering, in which he claimed a Dubai-based investment fund named Phoenix was sent $190m.


The story explained: our guide to the key players


In an interview earlier this year, Abdulaziz said he created Phoenix as an equine investment fund geared towards providing investors with a "sustainable return realised through acquisition and breeding of top-quality thoroughbreds" and claimed to have raised $250m.

However, Abdulaziz has never disclosed who his investors are – citing a desire to protect his client base – other than to say they are “non-racing people”. He has talked about his plan to launch a second, larger fund having used the first fund as a promotional tool.

Having initially had horses solely with former Newmarket trainer Jeremy Noseda, Phoenix has since mushroomed to having an estimated 300 horses under its banner, including stallions and broodmares, with 27 trainers on five continents, according to its website.

However, there have been controversies during Phoenix’s time with Noseda. Kerri Radcliffe, Abdulaziz's first bloodstock agent, was fired by him last year and he has since relied on Farrington, the son-in-law of Advertise’s trainer Martyn Meade, for his buying. 

Signora Cabello (white) lands the Queen Mary Stakes at Royal Ascot in 2018

Phoenix and Abdulaziz have enjoyed significant success on the racecourse worldwide including Grade/Group 1 wins in the US and Australia, alongside the Royal Ascot victories of Signora Cabello in the 2018 Queen Mary Stakes and Advertise in this year’s Commonwealth Cup, a race in which Forever In Dreams finished second for Phoenix Ladies, a female-only arm of the Phoenix brand created in late 2018 with the aim of increasing the participation of women in racing in the UAE.

The US Attorney’s Office for the Southern District of New York, which prosecuted Mark Scott, declined to comment on Sunday when asked if Abdulaziz was a person of interest, while the FBI said it “neither confirms nor denies” having an interest in the Phoenix founder.

Comment has been sought from law enforcement agencies in the UK.


Read more about this story in Monday's Racing Post or with Members' Club Ultimate:

Phoenix boss defaulted on payments for horses on previous foray into racing

Advertise the headline act of a bloodstock portfolio which spreads worldwide


Members can read the latest exclusive interviews, news analysis and comment available from 6pm daily on racingpost.com


 

Amer Abdulaziz, after he stole €100m from OneCoin, he started buying racehorses for, like, €25m. [He was] one of the main money-launderers
Bookmaker
Price
E.W. Terms
Sporting
BetVictor
Boylesport
RaceBets