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World Pool extends global network with biggest ever World Pool season in 2023

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World Pool, the globe’s largest commingled horse racing pools created and powered by the Hong Kong Jockey Club (HKJC), will be extended further in 2023 with the addition of major fixtures, including Lightning Stakes Day in Australia, The Saudi Cup and the Irish Derby.

Following the successful introduction of World Pool Moment of the Year in 2022 in Great Britain and Ireland, this has now been extended to all global World Pool meetings and will reward stable staff with a total of over HK$1 million (approx. £103,000) in prizes, as well as a VIP trip to Hong Kong, thanks to additional funding from the HKJC, UK Tote Group, Racecourse Media Group (RMG) and Ascot Racecourse.

Starting on Saturday 28 January with Met Day at Kenilworth in South Africa, the first meeting where racing fans from over 20 countries will be able to bet into the World Pool, and ending on Melbourne Cup Day on 7 February in Australia, one World Pool Moment of the Day will be selected at each World Pool meeting to win a prize of £4,000 (HK$38,785).

Each winning groom from the season’s 25 World Pool days will also enter the chance to be named World Pool Moment of the Year and win a VIP trip for four to Hong Kong for either the 2024 Hong Kong Derby or 2024 FWD Champions Day.

The 25 individual World Pool Moment of the Day winners will be narrowed down to a final four by a panel of global racing experts, before being voted on by the public for World Pool Moment of the Year, which will be revealed at the Hong Kong International Races at Sha Tin in December.

Last year’s World Pool Moment of the Year winner was Alpinista and winning groom Annabel Willis, who lit up the Knavesmire at York Racecourse when landing the Group 1 Yorkshire Oaks before going on to win the Prix de l’Arc de Triomphe.

The Saudi Cup and Lightning Stakes to make World Pool debuts in Q1 2023

 

Lightning Stakes Day at Flemington on 18 February and Saudi Cup night in Riyadh on 25 February have been confirmed as the two new additions to the first quarter of World Pool races for 2023.

The opening quarter of the year now boasts five fixtures, with two visits to Meydan for Super Saturday (4 March) and Dubai World Cup Night (25 March), as well as the aforementioned Met Day (28 January) at Kenilworth.

Irish Derby and Lockinge Stakes among 18 UK and Irish World Pool events

For the first time, World Pool will be in operation at Newbury Racecourse in the UK with two races added to the World Pool season on Lockinge Stakes Day on 20 May, while Irish Derby Day is also set to feature amongst 18 UK and Irish events on 2 July. Coverage of Irish Derby Day will also include the Deutsches Derby at Hamburg-Horn, marking the first World Pool race from Germany.

In 2022, World Pool betting turnover hit a new high of HK$6 billion (approx. £622m), up from HK$4.8 billion (approx. £498m) in 2021, across the 21 racedays that were commingled, while Derby Day at Epsom recorded the single highest day of turnover with HK$66.1 million (approx. £6.8m) – *note: turnover is recorded in HK$, and approximate pound sterling figures are therefore based on current exchange rates.

Michael Fitzsimons, Executive Director Wagering Products of the Hong Kong Jockey Club, said“We were absolutely thrilled with the results from our 21 World Pool meetings in 2022 and are excited to be extending that offering to 25 days this year.

“Having Australia and Saudi Arabia on the fixture list of 2023 World Pool meetings is another important step in the globalisation of World Pool, while adding some high-profile British and Irish meetings to the schedule is another exciting advancement.

“To complement our expanding list of World Pool meetings are the Moment of the Day and Moment of the Year initiatives, which for the first time will reward winning stable staff from all countries hosting World Pool races.

“Last year’s launch of the competition in the UK and Ireland was met with great feedback from yards across the region and we look forward to opening that up to our World Pool days in South Africa, Australia, Saudi Arabia and Dubai.”

Alex Frost, Chief Executive of the UK Tote Group, said: “We are looking forward to another World Pool season which now extends its reach across eight countries worldwide. For the UK and Ireland, it is welcome to see new additions to this year’s schedule, with two races from Newbury’s Lockinge Day added, along with Irish Derby Day, taking World Pool events hosted in the UK and Ireland to a total of 18.

“The ambitions for a global wagering platform are already being realised with over 20 pool betting operators now part of World Pool. Last year alone, the UK and Ireland saw record turnover of £521 million across 17 World Pool events, showcasing the best of our racing to a global audience, ensuring an improved value proposition for our own wagering customers and creating a more sustainable funding mechanism for horseracing in the future, with additional income for our racecourse partners.

“Our continued thanks go to our partners the Hong Kong Jockey Club, and in collaboration with RMG and Ascot, we are delighted to see Moment of the Day and Moment of the Year now extended to include all countries hosting World Pool races.”

Martin Stevenson, Chief Executive Officer of Racecourse Media Group (RMG), which represents the media interests of The Jockey Club, Newbury, Goodwood, and York racecourses, said: “RMG is delighted to partner with Hong Kong Jockey Club, UK Tote and our racecourses to bring 11 high-quality British and Irish days to the innovative and important World Pool schedule.

“RMG looks forward to working with all the parties in growing both the sport’s revenues and global appeal. We’re also excited to see the World Pool Moment of the Day and Year awards increase in prize money and evolve into a global initiative for stable staff – the real unsung heroes of our sport.”

Alastair Warwick, Acting Chief Executive Officer, Ascot Racecourse, said: “It’s fantastic to see this truly global expansion of the meetings included in the World Pool for 2023. The continued growth of World Pool since launching at Royal Ascot in 2019 has been very impressive and hugely important for British racing. We look forward to being involved again across our major meetings this year.”

Gregory Bortz, the Executive Chairman of Cape Racing, the operator of racing in the Western Cape of South Africa, said: “We are honoured to have WSB Met Day, one of the biggest and most prestigious days on the South African racing calendar, be included as a World Pool event. We believe the sight and sounds of nineteen of our finest equine athletes competing for this prestigious Grade 1 race, with the views and sounds of Cape Town playing out in the background, will make for an unforgettable experience for the countless racing enthusiasts around the globe betting into the World Pool.

“The Hong Kong Jockey Club represents the gold standard for racing operators around the world, and we at Cape Racing look forward to following their lead by ensuring our top-class racing provides the entertainment and turnover befitting of World Pool status.”

Provisional World Pool events to be hosted on the following days in 2023:

 

January

Saturday 28: Met Day – Kenilworth Racecourse, South Africa

 

February

Saturday 18: Black Caviar Lightning Race Day – Flemington Racecourse, Australia

Saturday 25: Saudi Cup – King Abdulaziz Racecourse in Riyadh, Saudi Arabia

 

March

Saturday 4 March: Super Saturday – Meydan Racecourse, Dubai

Saturday 25 March: Dubai World Cup – Meydan Racecourse, Dubai

Other key fixtures will be finalised later in the year, but major meetings including Royal Ascot, King George Day, Goodwood Festival, York Ebor Meeting, British Champions Day and Melbourne Cup Day will also form part of World Pool 2023.

Gaming

BGAMING DONATES $5,000 TO UKRAINE CHARITY FOLLOWING ICE LONDON PLEDGE

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iGaming content provider BGaming has donated $5,000 to UNITED24, a charity raising money for medical aid and critical needs in Ukraine.

At this year’s ICE London, the fast-growing firm gave visitors the chance to receive merchandise featuring designs by renowned London artist Thumbs.

As an alternative they pledged to give $50 to the charity instead, which more than 70 generous partners opted to take up.

After boosting the final amount, BGaming has now pledged to continue its fundraising drive at IGB Live! Amsterdam, SBC Barcelona, and SiGMA Malta later this year as part of a commitment to ‘create positive change’.

UNITED24 was set up by the Ukrainian government to provide a secure platform for donors to raise funds for medical aid, defence and demining and rebuilding Ukraine.

Currently, they are running two medical aid projects which seek to raise money for more urgently needed ambulances in the war-torn country.

At the time of writing, it is estimated more than 8,000 civilians have been killed in the conflict, while more than 13,300 are believed to have been injured.

Catherine Puteiko, CMO of BGaming, said: “Small acts of kindness can have a big impact on the world, from caring for others to creating positive change. BGaming’s recent charity initiative at the ICE London exhibition was a shining example of this ethos.

“Our partners had the option to donate to a worthy cause or receive our branded merchandise, and we’re thrilled to share that this simple initiative raised 5000 dollars for victims of war in Ukraine. Let’s continue to think big and act small to make a positive impact on the lives of others!”

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Gaming

PRESS STATEMENT OF PAGCOR REGARDING OFFSHORE GAMING OPERATIONS

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Senate Ways and Means Committee Chairman Sherwin Gatchalian presented the chairman’s report which cited that the risks of allowing the continuous operations of offshore gaming operations outweigh their benefits to the country. Citing R.A. No. 11590, he further states that offshore gaming should be shutdown, now that there is no third-party auditor monitoring their income.

The Philippine Amusement and Gaming Corporation (PAGCOR) would like to reiterate its firm commitment to uphold the integrity of the gaming industry in the Philippines, including offshore gaming.

After determination of Global ComRCI’s default in its obligations and commission of unlawful acts under R.A. No. 9184, a Notice of Decision to Terminate the Consultancy Contract was served to third-party auditor Global ComRCI on March 9, 2023, effective upon thirty (30) days from receipt thereof.

PAGCOR is now in the process of engaging a capable and reputable third-party auditor who can independently and accurately conduct verification of the offshore gaming licensees’ gross gaming revenues.

Further, PAGCOR reassures the public that to maintain the integrity of regulated gaming in the country, the state-run firm will not hesitate to impose appropriate sanctions or penalties to erring licensees or service providers. We will ensure that all revenues from regulated gaming will continue to support the government’s nation-building efforts and uplift the lives of Filipinos.

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Gaming

OnAir Entertainment™: Flexibility of more providers vs. Exclusivity with a single provider

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OnAir Entertainment™️, the go-to live casino games provider, has added their voice to the increasing industry concern regarding the negative impact of exclusivity deals within the live casino space.

There has been a growing discussion around the impact of exclusivity deals on operators and platforms, with OnAir Entertainment™ believing that one supplier setups create several limitations for operators. Limitations arising from exclusivity push players to find additional options from more diversified live casino offerings. It’s known that players prefer websites with more content choice, allowing them to search for the games they want to play – player freedom is vital to maximizing cross-sell and therefore increasing platform revenue.

Do exclusivity agreements truly fulfil the promises and needs of the industry? Markets need to change rapidly, adapting to new and more restrictions on operators, which requires sufficient flexibility and creativity. Can an agreement set in stone, determined by a single supplier and based on a rigid commercial model, be flexible to a regulatory landscape that is constantly shifting and help operators to be competitive?

Given the global nature of the biggest operators, multi-supplier deals also mean that they can test out different games across markets and not be forced to stick with one product globally. Less exclusive deals allow operators to be much more agile when operating internationally, as localization needs must not be ignored. A key part of OnAir Entertainment’s™ product offering is the ability to input customizable elements within their digitally branded and localised environments so that operators can reinforce and scale their brand together with OnAir Entertainment’s™ tech. While also using reasonable commercial terms so our operators can test audience response in branded environments with low risk before committing to more sizeable projects.

There is no doubt that the variety of live casino suppliers continues to grow, causing increased industry competition and that this competition pushes continued innovation within the iGaming industry.  It is this belief in constant innovation that is at the core of all OnAir Entertainment’s™ operations. By continuously developing improvements in UI design, 3D animations, allowing for localization and the incorporation of brandable elements – OnAir Entertainment™ hopes to increase user engagement and player experience.

Seval Alev Kaya, Director of Business Development at OnAir Entertainment™, said “Innovation is at the heart of our operations, and our main priority is to provide maximum flexibility for our clients. Operator differentiation is directly linked to content diversity and harmony. We see that many operators are trying to widen their audience by adding more casino vendors, especially in live casino space in order to reduce the need for a single vendor that comes with unfavourable terms, high costs, and limitations. We are the alternative solution with a service-minded approach, invested in our client’s growth.”

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