World Pool has closed its season with a 24% year-on-year increase in turnover totalling HK$7.4bn. The Hong Kong Jockey Club (HKJC)-owned operation started and finished at Flemington Racecourse in Australia, and reached out to eight countries for a total of 222 races (up from 154 races in 2022), making it a record-breaking 2023. Michael Fitzsimons, Executive Director, Wagering Products of …
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The Hong Kong Jockey Club has revealed that it is going to offer a ‘record total’ prize money and incentives of HK$1.62 billion (approximately £158.6 million) across the 2022/23 racing season. The overall purse will be bolstered by a record single-season increase of 11.5% (HK$167.2 million) and feature a range of innovations, including increases in prize money across middle-distance races …
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The Racecourse Media Group (RMG) has promoted Martin Stevenson to the position of CEO, with the former Finance Director bringing considerable accounting and media experience to the role. Stevenson joined RMG as Finance Director in 2007, and has since developed ‘deep and intimate knowledge’ of the company’s business and operations. “I am extremely excited and honoured to take up the …
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This year’s QIPCO 2000 Guineas Day at Newmarket and the Derby Day at Epsom Downs will be classified as World Pool events, according to an announcement by a coalition of horse racing leaders. The Hong Kong Jockey Club, UK Tote Group, The Jockey Club and its media rights partner, Racecourse Media Group (RMG), confirmed this morning [8 March] that the …
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The Hong Kong Jockey Club (HKJC) has named Philip Chen as the new Chairman of the Club after being elected by the firm’s Board of Stewards. Chen will take over from Dr Anthony Chow, who has stepped down from the HKJC after 18 years as a Steward, two of which were as Chairman. Chen has been a member of the …
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Hong Kong racing has revealed that for the 2020/21 season, it will be offering HK$1.4 billion (£143.5m) in prize money, marking a new record for the sector. Total prize money for the 2020/21 season’s 88 meetings at Sha Tin and Happy Valley is up by approximately 4.9% on 2019/20, and comes at a time when Hong Kong is looking ‘to …
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Ahead of this week’s Royal Ascot (16-20 June), the UK Tote Group has confirmed that its Tote Superpools markets will be available for all 36 festival races. Tote Superpools offer pools that are combined with those from Hong Kong and other major racetracks, boosting prize pool liquidity for punters. The Tote has since outlined plans to expand Tote Superpools to …
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To fill the shortfall in British and Irish racing, the Tote will offer its UK customers new opportunities to bet on Hong Kong racing after securing a new partnership with the Hong Kong Jockey Club (HKJC). Tote customers will now be able to play the Placepot on meetings from the Happy Valley Racecourse and the Sha Tin Racecourse every week. …
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The Hong Kong Jockey Club (HKJC) has added further prestige to this year’s ‘Racing Post/SIS Betting Shop Manager of the Year’ award, confirming that the winner will be further rewarded with a ‘once a lifetime trip’ to Hong Kong. Racing Post and SIS have whittled down a final field of 24 shop managers, competing for the award which will be …
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SIS (Sports Information Services) has struck a commingling totalisator agreement with Sportech to create and disseminate a worldwide pool for greyhound racing. The company said it will utilise Sportech’s Quantum™ System pari-mutuel betting software to offer the greyhound global pool, leveraging Sportech’s “unrivalled worldwide reach and expansive global commingling capabilities”. Sportech, meanwhile, will also provide hosting and operational services of …
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