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Matchbook’s £100,000 bonus boosts EBF race series to further enhance the stayers’ programme
Reading Time: 4 minutes
A series of races created in 2015 by the BHA and the British European Breeders’ Fund to boost the stayers’ programme, has been provided with a huge financial boost. Matchbook Betting Exchange have teamed up with the EBF to match the EBF’s prize money contribution and put in place a £100,000 bonus for any winner from the series who goes on to win a Group 1 race over 10 furlongs or more in the UK and Ireland in their three year old year.
The Matchbook EBF Future Stayers’ Series consists of 16 races, all with an increased minimum prize value of £14,000, are open to the progeny of stallions and mares that had won over distances of 10 furlongs or more. The series begins at Yarmouth on August 7 and runs through to Chelmsford on December 13. Each of the races, to be run over at least 7f, will be worth a minimum of £14,000 and the series has a total value of £283,000.
The facts
• 16 races run across 13 racecourses from August to December over a minimum distance of 7 furlongs.
• First race run at Yarmouth on the 7th of August.
• Minimum prize value £14,000 and a total series value of £283,000.
• £100,000 bonus for any winner in the series who goes on to win a Group 1 in the UK or Ireland over 10 furlongs or more in their three-year-old year.
• £100,000 split as follows – £70,000 owner, £10,000 breeder, £10,000 trainer, £10,000 stable staff of trainer’s yard, at least £1,000 of which to go to the winning groom.
• Star graduates include Cracksman, Stradivarius, Across The Stars, Royal Marine and Line of Duty.
Philip Mitchell, Chairman of the EBF said: “The bonus is eminently winnable – if it had been in place in the 2016 season for example, Cracksman would have been the first recipient. He won an EBF sire/dam restricted race at Newmarket towards the end of the 2016 season and then went on to win the Champions’ Stakes (Gr.1) at Ascot over 1m2f at the end of his three-year-old career.”
Matchbook CEO Mark Brosnan said: “Matchbook are extremely passionate about the future of horse racing and we want our sponsorships to make a difference, whilst also providing exposure for our brand. We are incredibly excited to partner with the EBF on this innovative initiative, which we believe supports the grassroots of the sport. Horses like Stradivarius and Dee Ex Bee exemplify how this series provides an insight into the staying stars of the future.”
Charlie Appleby, Trainer of Line Of Duty, a star graduate of The Matchbook EBF Future Stayers’ Series, said: “It is fantastic to see the EBF supporting and promoting a better programme for middle distance and future staying type horses. The sire/dam restricted races are a great initiative and provide an excellent platform for potential top class horses of this type.”
Classic winning trainer, Hugo Palmer said: “The Matchbook EBF Future Stayers’ Series will further help promote middle-distance and staying horses, which can only be a good thing for our sport. With 16 series races per season worth a minimum of £14,000 and an attractive potential bonus on offer the following year, it is an exciting time for trainers, owners and breeders alike.”
Ruth Quinn, Director of International Racing and Racing Development: “The Future Stayers project is a superb initiative which plays into the ever-evolving focus on developing and retaining staying talent here in Britain. There are now valuable incentives at multiple ages to encourage horses with an aptitude for stamina, and it is pleasing to see how the industry has come together to address an important challenge for the future of the sport and the breed.”
About Matchbook:
Matchbook is a peer to peer betting exchange focused on giving customers low commission, best prices and best liquidity. The exchange launched its horse racing product in 2016 and has been gradually expanding its sponsorship portfolio over the past 3 years. The key point of difference between Matchbook and other exchanges is that the platform is developed in house by their own technology team and constantly being evolved and improved to provide the best customer experience. Matchbook is also the highest rated exchange on TrustPilot.
About EBF:
Under the guidance and jurisdiction of the EBF Co-Ordinating Committee, the British EBF’s mandate is:
• To provide funds to support races of value to the thoroughbred that may otherwise be lost due to a lack of commercial attractiveness to racecourses.
• To implement new races that may be of benefit to the breed.
• To promote and support organisations whose purposes include assisting and
improving the breeding of thoroughbred horses.
• To provide financial support for equine research beneficial to the thoroughbred horse
• To ensure a minimum of 70% of 2yo maiden/novice races in GB carry EBF conditions are confined to EBF eligible runners.
What the British EBF does:
Since 1983, the British EBF has contributed over £34.5 million to prize money in British Racing and supports over 600 flat races and 80 national hunt races each season.
• British EBF currently invests over £1.7 million per year directly in to the prize money of races in GB and provides strategic support for races that promote the diversity of the breed and the race programme.
• Around 74% of this investment comes from contributions made by stud farms whose stallions stand in Great Britain.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Matchbook’s £100,000 bonus boosts EBF race series to further enhance the stayers’ programme
Latest News
Why PokerStars 200 Billion Hands Achievement is More About the Online Poker Industry than You Think
Reading Time: 3 minutes
PokerStars has yet again claimed its throne as the world’s largest online poker platform this year as it becomes the first online poker room ever to deal more than 200 billion hands. The company’s online poker room came onto the internet in 2001 and in 2013, dealt its 100 billionth hand. Within six years, PokerStars made history by doubling this figure.
PokerStars is celebrating reaching 200 billion hands by thanking their players and giving them a chance to earn a variety of prizes. “Two hundred billion is truly a stellar figure. It’s almost inconceivable,” remarked Séverin Rasset, Director of Poker Innovation and Operations at The Stars Group. He further added how they have been anticipating to achieve this milestone for a long time. Talking about the celebration prizes that amount to more than two million dollars, he said it has been their privilege to give back to every PokerStars player that has made this happen through the 200 billion celebrations’ games and pots.
The company is very excited about this accomplishment and is already working towards achieving the next milestone. PokerStars’ 200 billion hands achievement is not only a historic moment for PokerStars, but for the online poker industry as well. Online poker has shown tremendous growth and is already considered as a mind sport by the International Mind Sports Association. PokerStars extensive portfolio of games and promotions, serves the online global poker community by attracting daily traffic of more than a hundred thousand players.
Many factors have contributed to the success of the online poker industry, but none have made an impact as the “Moneymaker Effect”. Chris Moneymaker’s rise to fame and fortune by winning the World Series of Poker changed the perception of poker from being a game of luck, to a true discipline of the mind. In fact, modern poker is played by young, college-educated and intelligent people who employ strategy, statistics and a controlled game.
Virtual Reality technology is predicted to attract more consumers
In 2014, global online gaming revenue exceeded thirty billion dollars and formed nine percent of all gaming revenue worldwide. These figures have rapidly changed since then and online gaming has taken a front seat in the gaming market. A report by Technavio predicts that the online gaming market size in the US alone will exceed four billion dollars between 2016-2020, and a report by Juniper research estimates that nearly one trillion dollars will be spent by consumers globally in the online gaming industry by 2021. Much of the online gaming industry’s success is attributed to mobile phones. Technological innovations such as VR (Virtual Reality), are predicted to attract more consumers to the online gaming space as they provide a stimulus to the already well-established online casino sector.
The rising trend of online gaming globally is also leading to some important law reformations. Some U.S. states are looking forward to introducing bills related to online poker this year. During the previous year, some countries in the European Union came together to share the poker space, which is expected to lead to exponential market growth. Moreover, the possibility of Switzerland and Sweden opening their markets to licensing can provoke solid market growth. Recent trends shed light on how poker is not just a game for western countries, but is on a high rise in Asian countries as well. The proliferation of online poker sites in the Indian online gaming sphere has led poker websites to rake in revenues of up to a hundred fifty million dollars per year. Meanwhile, Macau has overtaken Las Vegas and is now considered the new gaming capital of the world.
Therefore, PokerStars; historical achievement does not only coincide with a rapidly booming online poker industry, but is a direct result of it. The reception of poker in the online community is a major sign of poker being accepted as a legitimate sport. More and more people are considering playing poker as a full-time profession. Therefore, it can be said without a doubt that technology has had a great impact on the online poker industry. The fruits of technological advancements can be seen in the high rates of participation and economic gains in the online gaming sphere.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Why PokerStars 200 Billion Hands Achievement is More About the Online Poker Industry than You Think
Reading Time: 1 minute
IWG – the award-winning supplier of online, instant win games – has been selected to supply the Austrian Lotteries (Österreichische Lotterien) with its portfolio of games.
Following the initial launch at win2day.at, the gaming site of the Austrian Lotteries, titles from IWG’s portfolio of over 100 games will be regularly added over the coming months giving players an alternative and unique playing experience.
IWG, which has been a successful service provider and supplier of content to lotteries for over a decade, now supplies 14 WLA members all around the world from British Columbia to Pennsylvania and the UK to New Zealand.
The supplier has produced and delivered over 300 high-quality instant win games on desktop and mobile, as well as offering valuable strategic and marketing support to its lottery partners.
Rhydian Fisher, IWG CEO, said “We’re really looking forward to working with the Austrian Lotteries and are proud to help build their online portfolio in Austria.
“This is an exciting opportunity for us to extend our global reach and maintain our position as the leading instant win supplier in the industry.”
Elisabeth Römer-Russwurm at the Austrian Lotteries said: “We’re thrilled to be able to offer our players IWG content and are confident it will prove to be successful here in Austria.
“IWG has a strong reputation in the industry for delivering quality instant win games, and we’re sure our players will really enjoy the new additions to our growing portfolio of entertaining games.”
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: IWG goes live with Austrian Lotteries
Reading Time: 1 minute
NSoft presents you with thorough in-house research covering essentials for Balkans iGaming business operations with the emphasis on important glocal factors. In order to download the full NSoft’s Region Overview Infographics, click here.
Here’s the direct link.
The information provided is based on extensive experience and know-how acquired through the past ten years of successful operations in Balkan countries.
NSoft will be exhibiting at Belgrade Future Gaming Expo. The event will be held on 4 – 5 June 2019 at Beogradski Sajam, Hall III. Book a meeting at sales@nsoft.com.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Infographics – NSoft’s Balkans Overview
Why PokerStars 200 Billion Hands Achievement is More About the Online Poker Industry than You Think
IWG goes live with Austrian Lotteries
Infographics – NSoft’s Balkans Overview
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