Against the background of the COVID-19 pandemic and the pessimistic economic outlook, the number of applications only decreased by 16%. "The result of the second World Pool at Royal Ascot in June is particularly encouraging. But few, if any, jurisdictions endured anything like the string of challenges that faced the Hong Kong Jockey Club during its 2019-20 season.Now, with that crisis weathered, the 126-year-old organization looks forward to the Sept. 6 start of the 2020-21 season with massive purse increases and confidence that fans and owners remain firmly on board.The 2019-20 campaign opened to the backdrop of disruptive and sometimes violent street demonstrations. The video is temporarily not available.

"This demonstrated once again the strategic value of commingling whereby people from around the world participate and bet on Hong Kong racing. Owners' ability to leverage their club memberships to social advantage was severely impacted in the 2019-20. As Moore heads to retirement, his stars' futures uncertain. "It is always the club's objective to continuously enhance the quality of Hong Kong racing and to be a world leader in the provision of world class horse racing," Engelbrecht-Bresges said.While the increases for its 12 international group 1 races clearly are designed to lure more foreign horses, Engelbrecht-Bresges said the decision also was taken to reward and further encourage local owners.Owner membership in the club is an exclusive and coveted status and carries significant status in Hong Kong. "Hong Kong's racing turnover in 2019-20 season is HK$121.6 billion (about US$15.7 billion), only down by 2% when compared with 2018-19, with OCBBs being closed or operated in a reduced mode for 47 race meetings out of 87 races for the entire season. Despite all the twists and turns of the 2019-20 season, the club announced substantial purse increases at all levels for 2020-21, bucking the worldwide trend of substantial prize money reductions.Total prize money for the 88 meetings will increase about 4.9% across most classes, with a special increase for group 1 races with total prize money in Hong Kong rising to a record HK$1.4 billion. Photo: Hong Kong Jockey Club Happy Valley has an in-town location in Hong Kong Taxes paid for the 2018-19 season, he said, totaled HK$23.3 billion, or about US$3 billion. In the 2019-20 season, commingling turnover has achieved a record high of HK$23.58 billion (about US$3 billion), up by 25.3% than the previous season," he said. Matt Hegarty Jul 16, 2020. contents(or any part thereof) herein for the purposes of wagering or otherwise.Please note this webpage is also subject to the general Terms of Use of the Singapore Turf Club website, and the disclaimer on this webpage shall supplement the general Terms in respect of the information and related graphics It is the third-highest season turnover despite such a challenging situation. Founded in 1842, Singapore Turf Club (STC) is the oldest existing and only horse racing club in Singapore with world-class racing sports facilities. I can feel their passion in horse racing and their trust to the risk assessment and mitigations of the club. "Nonetheless, most of our owners remain supportive to our special arrangements as they shared our goal to keep racing going. The total turnover has increased significantly by more than 49% than that in 2019. "The Hong Kong International Races at Sha Tin are designed to attract global interest "Regarding simulcast races, our racing fans in Hong Kong continued to show a growing interest in the sport overseas, as evidenced by a 12.9% increase in the club's simulcast turnover. Racing Touch brings together racing information, exclusive trackwork video, horse selection, live streaming and instant betting. Apart from essential officials and parties who support the operation of a race meeting, only owners with starters with advance table booking are permitted to enter the racecourse. Marcus Hersh Apr 27, 2020. … There were no celebratory activities during the race meeting. ratings from a third party or third party sources. Japanese star Then the pandemic struck, and fans essentially were banned from all facilities for the rest of the season. "The CEO also credited aggressive, long-term efforts to promote simulcasting and comingling, which brought substantial new turnover from abroad into the already massive Hong Kong pools and afforded Hong Kong fans the opportunity to wager on some of the world's top racing events. "Asked where in the world the club seeks commingling support, Engelbrecht-Bresges said while he does not "tend not to go into details about where most of our commingling turnover came from, I could say there has been keen interest from our customers in the U.S., the UK, and Australia. Hong Kong Racing 2020-21; set out herein. It is a proprietary club of the Singapore Totalisator Board, to manage and operate horse racing at the Singapore Racecourse at Kranji. The scratching is temporarily not available. "Our mind is with the people of Hong Kong, particularly the vulnerable members of the community," Engelbrecht-Bresges said. "The club … contributes to the community through direct taxation to the government.


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