Tag Archives: Winfried Engelbrecht-Bresges

The Hong Kong Jockey Club (HKJC) has detailed a positive end to a challenging 2022/23 financial year, reporting record turnover and a stronger contribution from football betting. Hong Kong’s government-backed betting operator reported total turnover for the 12-month period ending 30 June 2023 of HK$304.8bn (£31bn), despite local turnover from Hong Kong itself falling by 1.3%. Regarding products, racing turnover …

The Hong Kong Jockey Club (HKJC) has announced that, during the Royal Ascot last week, its World Pool broke the record for a single race turnover. The G1 Queen Elizabeth II Jubilee S last Saturday saw HK$66.2m (£6.6m) bet into it, eclipsing the previous record of HK$66.1m wagered in the 2022 G1 Betfred Derby.  This raceday’s total turnover of HK$323.4m …

The UK Tote Group and Hong Kong Jockey Club (HKJC) have agreed to expand their strategic partnership until 2028, focusing on the development of new wagering products to benefit all horse racing stakeholders. The partnership, which has grown since the UK Tote Group purchased the Tote in October 2019, has allowed for the successful development of World Pool. Entering its …

The Hong Kong Jockey Club (HKJC) has announced the promotion of Michael Fitzsimons to the position of Executive Director of Wagering Products – effective from 1 September 2022. A former executive of The Stars Group Inc (TSG), Fitzsimons joined HKJC in February of last year, taking on the responsibilities of Director of Football Trading  The promotion sees him join the …

The Hong Kong Jockey Club (HKJC) has detailed progress on its ‘important strategy’ of boosting the global visibility of the region’s racing scene, Issuing an update on seasonal developments, the Hong Kong racing authority outlined turnover for the 2021/22 season increasing by 3% year-on-year to HK$140bn, with local race turnover standing at HK$129.9bn.  In the case of the latter, this …

The Asian Racing Federation (ARF) has described illegal betting as a ‘global social issue’, revealing that a majority of betting websites in its jurisdictions do not meet licensing or regulatory conditions.  Publishing its ‘The State of Illegal Betting’ report, the federation – which represents 27 racing authorities in Asia, Oceania, Africa and the Middle East – revealed that 61% of …

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 …

The Hong Kong Jockey Club (HKJC) has experienced an upsurge in football betting, with wagering on the sport in the 2020/21 financial year higher than on horse racing for the first time in the operator’s history. Publishing its annual report for the financial year ending 30 June 2021, the HKJC reported total revenues of HK$280 billion (€30 billion), a 27.9% …

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 …