Daily Archives: October 24, 2023

HKJC aims to expand World Pool after strong 2023

The Hong Kong Jockey Club (HKJC) said it is looking to further expand its World Pool offering for UK and Ireland races after generating HK$4.7bn ($600m/€566m/£490m) in turnover during 2023.

Some 19 races featured this year in this year’s World Pool UK and Ireland offering, including the Lockinge, the Irish Derby and the Sun Chariot for the first time.

The overall total was marginally down on 2022’s figure of HK$4.9bn, but still significantly up on the 2021 figure of HK3.9bn.

Meanwhile, prize money won across the 131 World Pool races in the UK and Ireland this year was at a record high of £32m. In the UK and Ireland, the international pari-mutuel pool is accessed via the Tote, at racecourses, online and via the Tote App.

Michael Fitzsimons, executive director of wagering products at the HKJC,  said: “We are really pleased with how World Pool has been received in the UK and Ireland again this year and the turnover figures look strong against a challenging economic backdrop.

“There a..

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Kentuckians wager $250m on sports since opening

Andy Beshear, the governor of Kentucky has said that close to $250m (£204.0m/€234.8m) has been wagered in the state since sports betting went live.

Beshear made the comment on X, formerly known as Twitter.

“Nearly $250 million has been wagered in Kentucky since sports betting went live,” Beshear wrote. “It took many years and a lot of hard work to get here, but we got it done!

“And now those dollars are staying in our commonwealth to make this a better place to call home for all our families.”

Kentucky’s sports betting market opened in two parts. Retail sports betting opened on 7 September, followed by online sports betting on 28 September.

Long road to sports betting success

The journey to a legal sports wagering market in Kentucky has been long and winding. Beshear authorised sports betting in the Bluegrass state with the signing of House Bill 551 in April this year.

The bill approved nine racetracks to be operational for on-site retail sports betting, with each track eligibl..

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