Tag: Royal Ascot

HKJC to Offer World Pool Betting For DWC Meeting

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 been an astonishing success.

“In 2019, we created a new dimension to commingling with the first global pool at Royal Ascot which enabled people around the world to make use of huge liquidity and led to a 60% increase in turnover.

“We are applying the same concept to Dubai. As a truly global racing event, Dubai's World Cup meeting attract world class horses, jockeys and trainers. Commingling provides our sport with a golden opportunity to harvest the full potential of global racing.”

Mr. Richard Cheung, the Hong Kong Jockey Club's Executive Director, Customer and International Business Development, added, “We would like to thank PGI as well as our network of global commingling partners to make this happen. Sustaining the momentum of international cooperation as the commingling industry have been is key especially during the challenging time of COVID.”

The post HKJC to Offer World Pool Betting For DWC Meeting appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Royal Ascot Purses Increased To $7.13 Million For 2021

Prize money for Royal Ascot 2021 is today announced at £6 million (US$7.13 million) over the week – a 66% increase on the £3.61m (US$4.21m) offered in 2020. The Royal Meeting will take place from June 15 to 19 and the full order of running with race values for the extended program announced in January is available here.

The King George VI & Queen Elizabeth QIPCO Stakes, which takes place in July, will be run for £875,000 (US$1.04m) (2020: £400,000 (US$475,500)).

Guy Henderson, Chief Executive Officer at Ascot Racecourse, said:

“In 2020 we had hoped to offer record prize money of more than £8 million (US$9.51m) at the Royal Meeting. In the event the pandemic made that impossible and we have now spent nearly a year racing behind closed doors with trading income down 80 percent. This year's prize money of £6 million represents 75 percent of what we had originally planned for 2020.

“With restricted attendances in 2021 and pandemic insurance cover no longer available, the business will need to absorb a significant loss this year in order to deliver our wish to support the industry with the most prize money that we can prudently afford. Whilst Covid-19 has knocked back our long term financial trajectory by several years, our aim is to make the largest steps we can towards getting prize money levels back on track as soon as possible.

“Without owners we would have no racing. We are very grateful for their commitment and thank them for their support. We look forward to being able to increase prize money further as soon as it is possible for us to do so.

“We are also very grateful to our official partners, QIPCO and Longines, as well as our official suppliers, sponsors, broadcast partners and betting media partners. All of their support is deeply appreciated.

“We at Ascot much look forward to being able to welcome back our racegoers in June and delivering a special week of racing, both for those who are able to be with us on site and the many millions who will be with us in spirit through our broadcast and digital channels.”

The post Royal Ascot Purses Increased To $7.13 Million For 2021 appeared first on Horse Racing News | Paulick Report.

Source of original post

£6-Million In Prizemoney At Royal Ascot

Prizemoney for Royal Ascot in 2021-set for June 15 to 19-will be £6-million, a 66% increase on 2020. Ascot Racecourse also revealed on Tuesday that the G1 King George VI and Queen Elizabeth S. in July will be worth £875,000, up from £400,000 in 2020 when purses took a massive hit in the midst of the pandemic.

Guy Henderson, chief executive officer at Ascot Racecourse, said, “In 2020 we had hoped to offer record prize money of more than £8-million at the Royal Meeting. In the event the pandemic made that impossible and we have now spent nearly a year racing behind closed doors with trading income down 80%. This year's prizemoney of £6-million represents 75% of what we had originally planned for 2020.

“With restricted attendances in 2021 and pandemic insurance cover no longer available, the business will need to absorb a significant loss this year in order to deliver our wish to support the industry with the most prize money that we can prudently afford. Whilst Covid-19 has knocked back our long term financial trajectory by several years, our aim is to make the largest steps we can towards getting prize money levels back on track as soon as possible.

“Without owners we would have no racing. We are very grateful for their commitment and thank them for their support. We look forward to being able to increase prize money further as soon as it is possible for us to do so. We are also very grateful to our official partners, QIPCO and Longines, as well as our official suppliers, sponsors, broadcast partners and betting media partners. All of their support is deeply appreciated. We at Ascot much look forward to being able to welcome back our racegoers in June and delivering a special week of racing, both for those who are able to be with us on site and the many millions who will be with us in spirit through our broadcast and digital channels.”

The post £6-Million In Prizemoney At Royal Ascot appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Saudi Cup Winner Mishriff Headed For Dubai; Returns To Turf In Sheema Classic

After his thrilling upset victory over Charlatan in the $20 million Saudi Cup on the dirt, Mishriff will return to the turf for the Dubai Sheema Classic on the Dubai World Cup undercard on Mar. 27, reports the Racing Post. The $4 million race is contested over 1 1/2 miles on the turf at Meydan Racecourse.

Trained by John Gosden, the 4-year-old son of Make Believe won the G1 Prix du Jockey Club and G2 Prix Guillaume d'Ornano on turf last summer.

Trainer John Gosden told the Racing Post: “This morning we've accepted an invitation for Mishriff to run in the Dubai Sheema Classic. He's a versatile horse and we've always wanted to try him over this trip of a mile and a half. This will then give him plenty of time for a break before tackling Royal Ascot in June and the Eclipse S. at Sandown the following month.”

Read more at the Racing Post (behind paywall).

The post Saudi Cup Winner Mishriff Headed For Dubai; Returns To Turf In Sheema Classic appeared first on Horse Racing News | Paulick Report.

Source of original post

Verified by MonsterInsights