Hong Kong Jockey Club’s Chief Executive Officer believes the concept is ‘a golden opportunity to harvest the full potential of global racing’
In an announcement issued, the Hong Kong Jockey Club confirmed that it will offer World Pool betting for the Dubai World Cup meeting at Meydan Racecourse. This will take place on Saturday 27 March.
The launch of the World Pool for Royal Ascot in June 2019, led to a 60% increase in turnover, and following this success, the Club has continued to collaborate with numerous leading racing jurisdictions and wagering authorities to further promote World Pool development for global racing events.
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 per cent 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.”
World Pool wagering is streched across five continents namely: North America, Europe, Asia, Africa and Australia.
Last March, Dubai’s Super Saturday meeting saw local turnover growth of 28.5% against the corresponding meeting in 2020.
The Hong Kong Jockey Club’s Executive Director, Mr. Richard Cheung, said: “We would like to thank PGI and 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”.
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