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World Pool Stats and Continues Through Goodwood

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World Pool from Saturday, which carries on for the first the days of Goodwood and there’s also the Tote Galway Plate on Wednesday

Hukum crowned king on record day of turnover

World Pool bet types hit new King George Day high of £28.8 million 

Hukum winning the G1 King George VI and Queen Elizabeth Stakes highlighted a quality eight-race card at Ascot on Saturday, where World Pool saw turnover grow year-on-year by HK$33.9 million (£3.4 million).

Having jumped from HK$130.8 million in 2021 to HK$253.4 million last year when the number of races commingled increased from six to seven and two further bet types (Exacta and Treble) were added, World Pool turnover hit a new high of HK$287.3 million (£28.8 million) for 2023 with the number of races up from seven to eight.

A total of HK$49.4 million (£4.9 million), the highest single-race turnover on the day, was bet on the King George, a notable increase from the 2022 figure of HK$29.9 million (£3.2 million) when only six runners went to post.

“It was great to be able to offer punters from across the globe an opportunity to bet into World Pool for all eight races this year,” the Wagering Products Executive Director for the Hong Kong Jockey Club, Michael Fitzsimons, said. “Six of the eight contests boasted double-figure fields, including the King George, which always helps to heighten betting interest and we were delighted with the turnover results and value World Pool offered racing fans.

“It’s a shame that Hong Kong-based rider Vincent Ho picked up an injury before getting the chance to fulfil his riding commitments at Goodwood this week but we’re still very much looking forward to having World Pool in action for the opening three days of this fantastic meeting.”

Saffie’s first group glory recognized as £4,000 World Pool Moment of the Day.

Random Harvest gave jockey Saffie Osborne a first group victory on British soil in the Valiant Stakes, a performance that caught the eye of the World Pool Moment of the Day judges.

The win meant groom Eloise O’Hart took home a cheque for £4,000 and enters the chance to win a VIP trip to Hong Kong by being named World Pool Moment of the Year.

Receiving the cheque on O’Hart’s behalf, jockey Osborne said: “Eloise does an amazing job with this horse. She’s ridden and looked after her the whole way through her career, so it’s a very special day and great for her to get this prize. Random Harvest loves Ascot. It’s an even-climbing track that really suits her and she seems to find her best here. Ed [Walker] has an amazing team that care so much about their job and I’m just the lucky one who gets on top on the day.”

UK Tote punters celebrate beating SP in all-bar one race

* Tote Win beat SP in seven out of eight races and matched on the remaining race with customers 16% better off backing winners with the Tote.
* The Tote operated with a win overround of 110% compared to 121% (SP).
* Exacta beat Forecast in seven out of eight races.
* Trifecta beat Tricast in five out of six races.

World Pool, which was also in operation for eight races at Greyville on Sunday, moves to Goodwood next, where every race on the opening three days will be commingled for punters across 28 countries.

Please visit https:// worldpool .hkjc .com for full details about World Pool and follow @WorldPool on Twitter for all the latest news.

Latest News

DGA: Danes’ Gambling Spend Increased in February 2024

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Denmark’s gambling regulator Spillemyndigheden has reported an increase in gambling spend for February 2024. The total gambling spend on betting, online casino, gaming machines and land-based casino amounted to DKK 587 million in February 2024. This corresponds to an increase of 18.3% compared to February 2023.

The total increase in the gambling spend is due to increases in all four gambling categories. Among other things, the spending on betting increased by 32.5%. The growth in betting may be explained by a lower RTP in February 2024 compared to February 2023.

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Industry News

IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution

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IDnow, a leading identity verification provider in Europe, has unveiled VideoIdent Flex, a new version of its expert-led video verification service that blends advanced AI technology with human interaction. The human-based video call solution, supported by AI, has been designed and built to boost customer conversion rates, reduce rising fraud attempts, increase inclusivity, and tackle an array of complex online verification scenarios, while offering a high-end service experience to end customers.

The company’s original expert-led product, VideoIdent, has been a cornerstone in identity verification for over a decade, serving the strictest requirements in highly regulated industries across Europe. VideoIdent Flex, re-engineered specifically for the UK market, represents a significant evolution, addressing the growing challenges of identity fraud, compliance related to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes and ensuring fair access and inclusivity in today’s digital world outside of fully automated processes.

As remote identity verification becomes more crucial yet more challenging, VideoIdent Flex combines high-quality live video identity verification with hundreds of trained verification experts, thus ensuring that genuine customers gain equal access to digital services while effectively deterring fraudsters and money mules. Unlike fully automated solutions based on document liveness and biometric liveness features, this human-machine collaboration not only boosts onboarding rates and prevents fraud but also strengthens trust and confidence in both end users and organisations. VideoIdent Flex can also serve as a fallback service in case a fully automated solution fails.

Bertrand Bouteloup, Chief Commercial Officer at IDnow, said: “VideoIdent Flex marks a groundbreaking advancement in identity verification, merging AI-based technology with human intuition. In a landscape of evolving fraud tactics and steady UK bank branch closures, our solution draws on our decade’s worth of video verification experience and fraud insights, empowering UK businesses to maintain a competitive edge by offering a white glove service for VIP onboarding. With its unique combination of KYC-compliant identity verification, real-time fraud prevention solutions, and expert support, VideoIdent Flex is a powerful tool for the UK market.”

Whereas previously firms may have found video identification solutions to be excessive for their compliance requirement or out of reach due to costs, VideoIdent Flex opens up this option by customising checks as required by the respective regulatory bodies in financial services, mobility, telecommunications or gaming, to offer a streamlined solution fit for every industry and geography.

Bouteloup added: “Identity verification is incredibly nuanced; it’s as intricate as we are as human beings. This really compounds the importance of adopting a hybrid approach to identity – capitalising on the dual benefits of advanced technology when combined with human knowledge and awareness of social cues. With bank branches in the UK closing down, especially in the countryside, and interactions becoming more and more digital, our solution offers a means to maintain a human relationship between businesses and their end customers, no matter their age, disability or neurodiversity.

“VideoIdent Flex is designed from the ground up for organisations that cannot depend on a one-size-fits-all approach to ensuring their customers are who they say they are. In a world where fraud is consistently increasing, our video capability paired with our experts adds a powerful layer of security, especially for those businesses and customers that require a face-to-face interaction.”

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Australia

VGCCC Fines BlueBet AU$50,000 for Gambling Advertising Breaches

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BlueBet has been fined AU$50,000 by the Victorian Gambling and Casino Control Commission (VGCCC) for breaching gambling advertising regulations.

The company was found guilty of 43 charges related to displaying gambling advertisements on or above public roads, contravening the Gambling Regulation Act 2003.

The charges stemmed from an investigation initiated by VGCCC, following a complaint from a member of the public. The breaches occurred over a two-week period in August and September 2022, with BlueBet’s gambling advertisements appearing on digital billboards at various locations, including Point Cook, Laverton, Rockbank and Ravenhall.

Magistrate Greg Thomas, overseeing the case, expressed scepticism about BlueBet’s defence that it was unaware of the breaches, given the strategic placement of the billboards to target males aged 15-54 years old. While no conviction was recorded, Magistrate Thomas noted the high degree of negligence exhibited by BlueBet.

VGCCC CEO Annette Kimmitt AM said: “Gambling advertising has no place on public roads where it is readily visible to children and other vulnerable groups. These places are especially difficult to avoid as part of day-to-day activities. This decision sends a clear message to wagering providers that flout these protections for our community.”

Although Magistrate Thomas considered imposing a higher fine and recording a conviction, he took into account BlueBet’s guilty plea, cooperation with VGCCC and measures taken to prevent future breaches. BlueBet has implemented changes to prevent similar incidents and has cooperated with VGCCC throughout the process.

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