15.6 C
Macao
12.6 C
Las Vegas
3.5 C
Nassau
6.7 C
Atlantic City
6.3 C
Paris
17.9 C
Malta
Tuesday, February 27, 2024

UK TOTE GROUP AND HONG KONG JOCKEY CLUB SIGN LANDMARK FIVE-YEAR AGREEMENT

NewsUK TOTE GROUP AND HONG KONG JOCKEY CLUB SIGN LANDMARK FIVE-YEAR AGREEMENT

 

Today, the United Kingdom Tote Group and Hong Kong Jockey Club (HKJC) announce a considerable new 5yr settlement that allows you to allow them to similarly combine their dating till at the least the give up of 2028.

The new phrases will allow the United Kingdom Tote Group and HKJC to preserve to construct on the present collaborative partnership which has evolved notably due to the fact the acquisition of the Tote through UK Tote Group in October 2019.

One of the essential successes to this point has been the improvement and endured boom of World Pool. This is now in its 5th yr, with 28 pool making a bet operators from around the world commingling right into a unmarried pool operated through the HKJC for 25 excessive profile race meetings, along with 18 withinside the UK and Ireland. World Pool outcomes in giant liquidity and a multi-million pound making a bet enjoy and higher price for racing enthusiasts.

The new settlement among the events sees the United Kingdom Tote grow to be the exceptional pool accomplice for World Pool withinside the UK and Ireland. This will make sure collaboration on thrilling developments, along with new wager sorts and similarly upgrades to the client enjoy. World Pool is producing new finances and considerable economic returns for British and Irish racing thru media rights bills for collaborating racecourses. These finances are getting used to make investments into prize cash to help British racing’s function meetings. The finances generated through World Pool may be anticipated to boost up as World Pool grows in destiny years.

In 2023 there can be 25 World Pool days, along with 18 in Great Britain and Ireland among May and October, presenting over £31 million in prize cash. Last yr, World Pool noticed report worldwide turnover of £650 million, with £521 million wager at the British and Irish race days, an growth of 44% at the preceding yr.

With deepening collaboration among the United Kingdom Tote and the HKJC, Tote clients withinside the UK and Ireland, thru tote.co.united kingdom and tote.ie plus the Tote Apps, will preserve to revel in making a bet into multi-million pound swimming pools on pinnacle elegance racing from Hong Kong’s racecourses, Happy Valley and Sha Tin, along with FWD Champions Day in April and the LONGINES Hong Kong International races in December.

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club said: “The UK Tote is our fundamental commingling accomplice, and we’re very thrilled to be extending our dating for the following 5 years with this new settlement. The UK Tote has been instrumental withinside the boom of World Pool over the past 4 years and this new settlement underpins our very valued partnership. We sit up for persevering with to paintings with John Williamson, Alex Frost and the complete Tote crew to construct at the sturdy platform we’ve got created to increase the pool making a bet enjoy for racing enthusiasts across the world.”

John Williamson, Chairman of UK Tote Group said: “This is a completely considerable second for the United Kingdom Tote, and for British and Irish horseracing, as we preserve to increase and make bigger our partnership with the Hong Kong Jockey Club. This new settlement permits us to boost up our plans to develop World Pool that is proving an more and more more crucial sales circulation for the sport. As our partnership maintains to move from electricity to electricity, we are able to preserve to exhibit Hong Kong’s world-elegance racing to a worldwide audience, whilst participating round era improvements and innovation, along with new wager sorts to make sure we’re together offering as compelling pool making a bet enjoy as feasible for our clients.

“I would love to increase my honest way to Winfried and his fantastic crew on the Hong Kong Jockey Club. By signing this settlement with them, we need the United Kingdom Tote to be actual to its founding ideas of being at the aspect of each horseracing and the clients, via collaboration with our global racing and pool making a bet partners.”

More from this author

Check out other tags:

Most Popular Articles