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BHA: Prize Money Boost to Development Races in 2023

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The British Horseracing Authority (BHA) has announced the programming of over 60 high-value developmental races in 2023, with funding provided by the BHA, Darley and Juddmonte, supported by additional contributions from the hosting racecourses.

The races will offer enhanced prize money to horses at the beginning of their careers as well as assisting longer-term objectives of supporting the domestic breeding industry and ensuring more quality young horses that are bred in Britain are retained to race there.

This initiative is a first step on the path towards a substantial enhancement of the values of Flat maiden and novice races, with discussions ongoing about further improvements for 2024 and beyond.

The 63 races are made up as follows:

  • 20 x £30,000 2yo Restricted maiden and novice races: Supported by Juddmonte
  • 21 x £30,000 2yo Open maiden and novice races: Supported by the BHA Development Fund
  • 22 x £30,000-£50,000 3yo/3yo+ Open maiden and novice races: Supported by Darley and the BHA Development Fund.

The races will be run at a range of racecourses, both large and small, across the length and breadth of Great Britain.

The highest value races offering prize money of £50,000 are targeted towards races over longer distances. This forms part of the ongoing programme of work to support the continued production of quality stayers in Britain, with the aim of maintaining variety in the horse population.

As part of this initiative, additional support for restricted novice and maiden races allow for additional prize money to be funnelled across a range of horses, including less expensive horses and more affordable home breds, thereby also providing a boost for smaller owners and breeders.

Richard Wayman, Chief Operating Officer of BHA, said: “Well-funded development races provide an opportunity to boost returns to owners in the early stages of their horse’s career, thereby potentially supporting the yearling market and, in doing so, assisting breeders at all levels.

“Juddmonte and Darley have been huge supporters of British Racing for decades and we are extremely grateful to them both for their financial assistance towards supporting this important part of the race programme. We look forward to working with them and other parties so that we can build on this significant first step in future years.”

Douglas Erskine Crum, CEO of Juddmonte, said: “We are delighted to be supporting this well targeted BHA initiative to enhance the competitiveness of the British racing and breeding industries. It is an effective kick-start of a long-term plan to enhance prize money substantially for developmental races, with all the benefits that will follow for breeders and owners.

“It is the right place to start for the British racing industry to become more competitive with other major breeding and racing jurisdictions around the world and to support our own breeders and owners.”

Sam Bullard, Director of Stallions for Darley, said: “For many years Darley has worked to support breeders through sponsorship and this new development fund initiative is doing just that, as well as setting a new improved prize money level for maiden races.”

eSports

EXCITEMENT GROWS AS 2024 PUBG MOBILE GLOBAL CHAMPIONSHIP GRAND FINALS NEAR

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  • The countdown is on for the 2024 PUBG MOBILE Global Championship Grand Finals, live in London from December 6th to 8th, for the first time ever in the UK.
  • 33 teams have been eliminated, and 16 teams are ready to battle for the crown and a share of the $3,000,000 prize pool at the Grand Finals
  • Fans can tune in to witness the culmination of this year’s PUBG MOBILE Esports cycle on the official PUBG MOBILE YouTube, TikTok, Facebook and Twitch channels
  • Exclusive to the 2024 PMGC the Royale Pass A10 Tundra Knight Set will be awarded to the Grand Final Champions, whilst the Raven Scepter will go to the Grand Finals MVP player

The countdown is on for the 2024 PUBG MOBILE Global Championship (PMGC) Grand Finals, where the world’s elite mobile esports teams will go head-to-head in an electrifying showdown. In less than a week, fans around the globe will witness three days of unrelenting competition as the final 16 teams battle it out for their share of the mighty $3,000,000 prize pool, the largest in UK esports history. Kicking off on December 6th in London’s ExCeL Centre, this marks the first time the PMGC Grand Finals will take place in the UK, promising an unforgettable live event filled with epic plays, high-stakes drama, and the crowning of the 2024 PUBG MOBILE Global Champions.

Since October, 48 teams have embarked on the journey to the 2024 PMGC Grand Finals, battling fiercely through the Group Stage, Survival Stage and Last Chance Stage. After months of high-stake competition, 33 teams have been eliminated, leaving only the very best to advance to the final showdown, including 9 teams from the Group Stage, 6 from the Last Chance Stage, and 1 Host Region Invite, each earning their place through grit, strategy, and unforgettable gameplay.

Now, the final 16 teams are poised to showcase their brilliance on the world stage in London. Among the contenders is Alpha7 Esports from Brazil, whose bold and aggressive strategies have made them fan favourites – coming fresh off their victory in the 2024 PUBG MOBILE World Cup (PMWC). Joining them is Falcons Force who scored a huge 44 points more than their fellow teams during the Last Chance Stage, and will be ones to watch out for as they attempt to recreate this in the Grand Finals. Alongside these giants, Nigma Galaxy will also be looking to step into the spotlight, being the first MEA team to qualify for the PMGC Grand Finals in two years.

The Host Region team, Guild Esports will also be looking to prove themselves a worthy contender for the title of 2024 PUBG MOBILE Global Champions — a mighty challenge when considering such strong opponents.

2024 PMGC Grand Finals Teams:

  • Alpha7 Esports
  • 4Merical Vibes
  • DPlus
  • DRX
  • Falcons Force
  • INFLUENCE RAGE
  • Insilio
  • NAVI
  • Nigma Galaxy MEA
  • Regnum Carya Bra Esports
  • Team Spirit
  • Tong Jia Bao Esports
  • ThunderTalk Gaming
  • The Vicious LATAM
  • VOIN DONKEY ID
  • Guild Esports (Host Region Invite)

 

In addition to taking the lion’s share of the $3,000,000 prize pool, alongside the 2024 PMGC title and trophy, the Global Champions will also secure the Royale Pass A10 Tundra Knight Set, designed exclusively for the 2024 PMGC. Accompanying this stylish reward is the Raven Scepter, which will be granted to the winner of the Grand Finals MVP title. These majestic offerings celebrate the end-of-year competition, rewarding the top team and player for their continued efforts throughout the year.

Celebrating the 2024 PMGC with the community, players can get their hands on a unique theme song, avatar, and lobby theme from now until December 8th. Login to PUBG MOBILE and head over to the events tab to learn more!

James Yang, Senior Director of Global Esports at Level Infinite, said: “The PMGC has always been the pinnacle of mobile esports, and this year is no exception. With incredible talent, high-stakes matches, and unforgettable moments at every stage, the 2024 Grand Finals are shaping up to be our most thrilling yet. Hosting the Grand Finals in London for the first time is a historic milestone, bringing fans a world-class esports experience in the heart of the UK. We can’t wait to see which team will rise above the rest and make history.”

For those unable to attend in person, fans can watch the unparalleled action live, starting from the 6th of December at 11:00am GMT by heading to the official PUBG MOBILE Esports’ official YouTube, TikTok, Facebook and Twitch channels.

Tickets to the Grand Finals at the London ExCel Centre can be purchased at universe.com.

 

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Latest News

Scientific Games’ Newest Systems Technology to Power Retail and Digital Sales for North Dakota Lottery

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Netherlands National Lottery Live With Scientific Games’ OpenBet Sports Technology and OpenGaming On Day One of Market Opening
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Advanced Enterprise System Will Connect Multichannel Experiences, Including iLottery, Loyalty, Player Account Management and CRM

Scientific Games’ signed a new technology contract with the North Dakota Lottery to implement the company’s most advanced omnichannel system solutions. The Lottery selected Scientific Games’ integrated solution to power retail and digital sales following a competitive process, awarding the global lottery company a new six-year contract with a two-year extension option. As the industry’s fastest-growing systems provider, Scientific Games has successfully executed nearly 40 lottery systems implementations and conversions since 2016.

SG-ND-Logos-1200x1200.png

Built upon key components of Scientific Games’ Momentum ecosystem, a new, advanced enterprise gaming system is at the core of the tech solution developed for the North Dakota Lottery. The integrated ecosystem features the AEGIS central gaming system, a premiere digital platform offering a single integrated solution for iLottery and Loyalty, and innovative retail technology, including award-winning self-service terminals.

The company’s industry-leading player account management solution, SG PAM, a high-performance customer relationship management solution, superior bonusing engine and upgraded achievement-based rewards program, will continue to drive North Dakota player engagement with a completely new user experience (web and mobile).

Lance Gaebe, Director of the North Dakota Lottery, said, “Our goal was to modernize our technology so that our players can enjoy fluid experiences between retail and digital. We also wanted to work with the tech partner that gave us the best technical solution for the North Dakota Lottery to responsibly grow sales and contributions to our state programs in the coming years.”

The new contract is the third time North Dakota has chosen Scientific Games as its system vendor, highlighted by 33% sales growth in the past 10 years. iLottery sales increased 36% from fiscal year 2022 to 2023.

Scientific Games began a 20-year technology partnership with the North Dakota Lottery when its first Powerball tickets were sold in 2004, launched its iLottery program in 2014 and mobile app in 2018. The company currently provides the Lottery with an online/mobile Pick & Click draw game purchase program, as well as a Players Club where members earn points and redeem rewards through a Points for Prizes online store and Points for Drawings program.

John Schulz, President, Americas & Global Instant Products, said, “We’ve been there since the beginning with the North Dakota Lottery, and our technology has served the Lottery very well over the past two decades. Our teams have worked hard to build a strong partnership through service excellence, and they deeply understand the North Dakota Lottery’s unique business. Now, we’re taking that partnership to the next level with our Momentum ecosystem.”

Scientific Games provides retail and digital games, technology, analytics and services to 150 lotteries in 50 countries around the globe.

 

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Asia

Nazara announces five investments totalling INR 196 Crores to drive growth across Gaming and Entertainment

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Nazara Technologies Limited (BSE: 543280 | NSE: NAZARA), India’s only listed diversified gaming and sports media company, has unveiled a series of strategic investments aimed at solidifying its position in the gaming and entertainment ecosystems. 

Nazara has announced new Investments in Funky Monkeys & Learntube.ai

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, a leader in indoor soft play centers for children, for INR 43.7 crores. Funky Monkeys operates 11 centers across India, offering interactive play experiences for children.

Co-founders of Funky Monkeys, Binita Putcha and Sanjay Ghadiali, said: “We are excited to join hands with Nazara, whose vision for digital and hybrid entertainment aligns closely with ours. With Nazara’s expertise and resources, we are confident we can scale Funky Monkeys and bring even more joy to children and families across India. We also see synergies with digital IP’s owned by Nazara such as Kiddopia and will work to maximise these opportunities”

Nazara will also invest INR 4.2 crores for a 4.7% stake in Learntube.ai, an AI-powered platform revolutionizing education with 1:1 interactive and gamified learning. Catering to over 20 lakh learners, LearnTube is the world largest personalised learning platform that offers affordable, interactive gamified learning experiences for professional skilling.

“LearnTube’s collaboration with Nazara is a bold step forward in reshaping professional learning and interactive media. We are excited to combine forces to lead innovation on a global scale,” said Shronit Ladhani, Co-founder, LearnTube.

Nazara has Increased its shareholding of existing companies

Nazara will invest INR 148 crores in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth.

  • Nodwin Gaming: Nazara will invest INR 64 crores through subscription of Optionally Convertible Preference Shares to bolster Nodwin’s growth. The funds will support Nodwins expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets.

  • Absolute Sports (Sportskeeda): Nazara will invest INR 69 crores to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100% in the company making it a wholly owned subsidiary.

  • Datawrkz: Nazara granted in-principle approval for an investment of INR 15 crores in Datawrkz through the subscription of Compulsorily Convertible Cumulative Preference Shares to support ongoing growth of Datawrkz

Speaking on these investments, Nitish Mittersain said: “Nazara is committed to building the largest diversified gaming and entertainment platform out of India and many of our initiatives announced today are geared towards propelling profitable growth in these strategic areas of our interest.”

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