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Matchbook’s £100,000 bonus boosts EBF race series to further enhance the stayers’ programme

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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

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Introducing Tower Rush – The latest Turbo Game Release by Galaxsys

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Galaxsys, a leading game studio in the gaming industry, is thrilled to announce the launch of its latest turbo game, Tower Rush. The game offers players a thrilling gaming experience with its innovative gameplay mechanics and exciting bonus features.

The Procedure of Conducting the Game and the Winning Options

Tower Rush challenges players to strategically place building floors on top of each other, aiming to achieve the highest possible odds. With limitless potential for stacking floors, players can create an endless chain of structures while avoiding collapses. Successfully placing a floor results in winning corresponding odds, while a collapse leads to a loss.

The Procedure of Making Bets in the Game

To start the game, players specify their bet amount and press the “Build” button. Floors are dropped from above, and successful placement results in winnings. Players have the option to cash out or continue building. Multiple successful placements increase winnings exponentially, while a collapse allows players to start a new round.

About the Game:
In Tower Rush, the goal is to avoid collapses and secure wins by successfully placing each floor. When players successfully place the floor, the winning odds for each new floor will be multiplied by one another, and upon cashing out, the bet amount will be multiplied by this cumulative odds value.

Main Highlights:

  • Up to 3 Unique Bonus Floors: In the game, there are three different ways to receive bonuses: Frozen Floor, Temple Floor, and Triple Build.
  • Unique Game Concept: Tower Rush introduces an original gameplay concept that sets it apart in the iGaming industry.
  • Dynamic Animations: As we put player satisfaction at the heart of all the design decisions, the game is designed in a way that is the most convenient for the players, both visually and functionally.
  • Bonus Systems: FreeBet and FreeAmount promotional tools provide an option to reward bonuses to the players, with the terms set by the operator.
  • Provable Fairness: We only use the most reliable and high-end Random Number Generator technologies to ensure true randomness.

Tower Rush is a unique turbo game, offering players up to three unique bonus floors, an original gameplay concept, dynamic animations prioritizing player satisfaction, and an advanced bonus system, all backed by provable fairness and latest innovation technologies.

For more information about the game please visit galaxsys.co/

 

The post Introducing Tower Rush – The latest Turbo Game Release by Galaxsys appeared first on European Gaming Industry News.

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MGA Games presents Rainbow Gold Fortunes, a slot inspired by traditional Irish culture

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MGA Games, a leader in localised casino games for the iGaming industry, unveils a world of colour, excitement and riches in Rainbow Gold Fortunes, a casino game that immerses players in the essence of Irish culture. Starring a friendly Irish leprechaun, this new slot is filled with symbols typical of Irish culture, such as shamrocks, tankards, Celtic runes, pipes and mushrooms. Plus, traditional Irish music adds to the immersive experience.

This slot incorporates a 5×3 format with 20 paylines. Each win in the main game unleashes an explosion of excitement, replacing symbols and multiplying wins. Scatter symbols unlock access to the Free Spins screen, with even more powerful multipliers. Moreover, Rainbow Gold Fortunes features the exciting Cauldrons mini-game, which is accessed by landing three or more Bonus symbols in the main game. In this mini-game, 5 cauldrons filled with gold appear. The player must select cauldrons until all of them have been selected or Exit appears. The final prize is the sum of the accumulated prizes.

In MGA Games’ new release, the magic of Ireland and the excitement of a casino combine to deliver a unique, high-retention player experience with a variety of winning opportunities, whether in the main game, the Free Spins screen or its exciting mini-game.

The post MGA Games presents Rainbow Gold Fortunes, a slot inspired by traditional Irish culture appeared first on European Gaming Industry News.

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Kambi Group plc publishes 2023 Annual Report and Accounts

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Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts

This can be downloaded from the company website kambi.com or accessed via the PDF in this press release. The report is also available at .kambi.com/annualreport2023/.

Key highlights for Kambi during the year include:

  • A 13% increase in revenue to €173.3 million when excluding the one-off termination fee from Penn recorded in Q4 2022
  • €25.2 million in EBITA (acq)*
  • 10 new operator signings including Bally’s Corporation, LiveScore Group and Svenska Spel
  • Seven partnerships extensions including ATG, Betplay, LeoVegas Group and Rush Street Interactive
  • 60+ sportsbook launches across multiple markets in Europe, Latin America and the US
  • Repaid the full €7.5 million convertible bond previously held by Kindred Group to give Kambi full control over its future strategic direction

*EBITA (acq) = Earnings before interest, taxation, Items affecting comparability and amortisation on acquired intangible assets

The Annual General Meeting will be held on 21 May 2024 at 14:00 CEST in Birkirkara, Malta.

 

The post Kambi Group plc publishes 2023 Annual Report and Accounts appeared first on European Gaming Industry News.

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