World Pool Year-On-Year Turnover Increases By 24 Percent To HK$7.4 Billion

The World Pool season has ended with a 24% year-on-year turnover increase to HK$7.4 billion, the Hong Kong Jockey Club (HKJC) announced on Tuesday.

The largest globally commingled horse racing pools created and powered by the HKJC, the World Pool started and finished the year at Flemington Racecourse in Australia. In total, there were 222 races–up from 154 races in 2022–in eight countries. World Pool was active in Germany, Saudi Arabia, Argentina and Australia for the first time and expanded its imprint with extra races from the UK and Ireland. Cox Plate Day in Australia amassed HK$60 million in bets and was one of the top five World Pool highest single-race turnovers. The G1 Queen Elizabeth II Jubilee S. at Royal Ascot, set a new single race turnover record at HK$66.2m. King George Day at Ascot saw the biggest jump in turnover for a UK or Irish raceday, rising from HK$253m to a new record of HK$287m, an increase of over 13%, while 2,000 Guineas Day as well as days one and three of Royal Ascot also posted year-on-year increases. Dubai World Cup night saw the second highest growth, with turnover up from HK$280m to HK$315m this term.

Michael Fitzsimons, executive director, wagering products of the HKJC, said, “World Pool was created to unite the world's best racing events and provide racing fans with a value product that has never been seen before.

“We are absolutely delighted with how World Pool has performed in 2023. We've not only seen records broken and growth in countries where World Pool was already in operation, but a very promising reception in new jurisdictions too.

“We'd like to thank all of our partners around the world for their commitment and passion in helping us to grow World Pool. This is just the beginning.”

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World Pool Increases at ’22 Royal Ascot Meeting

Royal Ascot set a new record with £168 million gross turnover for World Pool bets across the five-day meeting, which drew 273,465 attendees. Gross turnover for World Pool bets increased 35 percent over 2021's figures of £123.9 million. This year, the three biggest pools of the week were amassed in the G1 Coronation S. (£6.6 million), the G1 Platinum Jubilee S. (£6.4 million) and the G1 Gold Cup (£6.1 million). The Coronation now overtakes the G1 Cazoo Derby as the biggest British World Pool race to date. Each World Pool event is highlighted by a 'Moment of the Day,' rewarding a standout performance. Racing staff who look after the 'Moment of the Day' winner will receive £1,000 and a bottle of champagne.

  • Tuesday: Sinead Earl, groom of Nature Strip (G1 King's Stand S.)
  • Wednesday: Reg Todd, groom of Dark Shift, winner of the Royal Hunt Cup.
  • Thursday: Ollie Turner, groom and work rider of Claymore who won the Hampton Court S. He's travelling Head Lad for Jane Chapple-Hyam.
  • Friday: Naseem Khan, groom of Latin Lover who gave Harry Eustace his first Royal Ascot winner in the Palace of Holyroodhouse S.
  • Saturday: Liisi Hallik, groom of Holloway Boy who won the Chesham S.

At the end of the World Pool season, the 16 winners of “Moment of the Day” at World Pool events will compete for the overall World Pool “Moment of the Year,” which will be presented on British Champions Day Oct. 15. The overall winner will be determined by a combination of scores derived from a public vote and an industry panel. The winning yard who looks after the horse will be awarded the World Pool “Moment of the Year” and receive £34,000.

For more information, https://worldpool.hkjc.com/.

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