The Hong Kong Jockey Club, in partnership with Ascot and Totepool, will launch a new pari-mutuel-based Ascot World Pool for Royal Ascot in 2019. The pool will be open to customers in Hong Kong and the UK.
Under the agreement, pari-mutuel wagers placed either on track through AscotBet or off-course with Totepool will be commingled with Hong Kong's pools on Royal Ascot. Hong Kong will simulcast all five days of Royal Ascot next year.
Winfried Engelbrecht-Bresges, the Hong Kong Jockey Club's Chief Executive Officer, said, “We are honoured to provide a global tote offering for one of the world's leading racing festival brands, Royal Ascot. This agreement solidifies Hong Kong's position as the global hub of commingling. Our wagering operation is world-class and is recognised as a leader in integrity and management processes. We believe this is the beginning of a new era in international racing. We are already in active discussions with other racing bodies about future World Pool initiatives.”
Not a subscriber? Click here to sign up for the daily PDF or alerts.
