commingling

World Pool betting will be available for the Dubai World Cup meeting on Mar. 27, the Hong Kong Jockey Club announced on Tuesday. The 2019 Royal Ascot meeting was the first time World Pool betting was available from the HKJC and resulted in a 60% increase in turnover. During the Mar. 6 Super Saturday card in Dubai, local turnover increased 28.5% and commingled turnover rose 38.7% with World Pool wagering available. Mr. Winfried Engelbrecht-Bresges, the Hong Kong Jockey Club's Chief Executive Officer, said, "The commingling development in Hong Kong has...

The Hong Kong Jockey Club and the Dubai Racing Club have partnered to offer World Pool betting for Meydan's Mar. 7 Super Saturday card and Mar. 28 Dubai World Cup meeting. Overseas pari-mutuel wagers placed through partners from Australia, Canada, Europe, Singapore and the U.S. will be commingled into Hong Kong's pools directly or via Premier Gateway International (PGI) during the two Dubai meetings. This will provide maximum liquidity and stronger opportunities for customers. Winfried Engelbrecht-Bresges, the Hong Kong Jockey Club's chief executive officer, said, "The commingling development in Hong...

The combat of illegal betting was a key theme during the first session of panels at the Asian Racing Conference in Cape Town on Wednesday. Douglas Robinson, senior due diligence and research manager for the Hong Kong Jockey Club and deputy chairman of the Asian Racing Federation Anti-Illegal Betting Taskforce, said racing "faces a war against a rampant illegal betting market" and stressed the need for racing regulators to build relationships with governments to combat the problem. The ARF's Anti-Illegal Betting Taskforce was set up in 2016 and comprises 14...