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New individual World Pool race turnover record and exceptional value at Royal Ascot

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World Pool, the globe’s largest commingled horse racing pools developed and run by the Hong Kong Jockey Club (HKJC), delivered value for customers around the world like never before, with Tote+ Win beating SP in 83% of the 35 races across the five-day meeting.

Saturday’s highlight, the Queen Elizabeth II Jubilee Stakes, broke the record for single race turnover in a World Pool race. A total of HK$66.2 million (£6.6m) was bet into the pool, eclipsing the HK$66.1 million in the 2022 Derby.

The other two biggest pools of the week were in Friday’s Commonwealth Cup and the Ribblesdale Stakes on Thursday which both turned over HK$50.5m (£5.1m).

Saturday’s total turnover of HK$323.4 million (£32.5m) rates as the third highest World Pool day of all time, behind the Friday (HK$351.8m) and Saturday (HK$340.9m) of Royal Ascot 2022.

Total World Pool turnover for Royal Ascot 2023 hit HK$1.5 billion (£154m), only fractionally down on last year’s total of HK$1.6 billion, which was an increase on 2021’s figure of 35%.

Exceptional Value for Tote customers at Royal Ascot

As a collaboration of global Totes, with customers from an expanding list of 28 countries betting into it, World Pool creates huge liquidity and excellent value for racing fans.

The Tote offered customers exceptional value across the 35 races at Royal Ascot:

  • Tote+ Win beat SP in 29 of the 35 races (and matched on the remaining 6 races with Tote Guarantee in place online)
  • Tote+ Win overround was 106% vs SP overround of 125%
  • Tote+ Exacta beat the Forecast (1-2) in 32 out of 35 races, and averaged an 85% better payout
  • Tote+ Trifecta beat Tricast (1-2-3) in 29 out of 32 races, paying more than double the Tricast on average

£20,000 won by World Pool “Moment of the Day” winning grooms at Royal Ascot 

At each World Pool event there is a “Moment of the Day” which is awarded by an industry representative, with the moment decided by a standout performance.

The prize fund was significantly increased this season with each winning groom receiving £4,000 for their Moment of the Day prize, up from £1,000 in 2022, as well as being entered into the World Pool “Moment of the Year” where they could win a VIP trip to Hong Kong in 2024.

The winners were:

  • Tuesday:  Sydney Cale, groom of Bradsell, who won the Group 1 King’s Stand Stakes, making Hollie Doyle the first female jockey to win a Group 1 at Royal Ascot.
  • Wednesday: Viktor Konya, groom of Mostahdaf, the impressive winner of the Group 1 Prince Of Wales’s Stakes.
  • Thursday: Jack Abbey, groom of Desert Hero, winner of the King George V Stakes, who gave The King his first ever Royal Ascot winner.
  • Friday: Page Harrison, groom of Shaquille, who won the Group 1 Commonwealth Cup, giving trainer Julie Camacho her first ever Group 1 and first win at Ascot.
  • Saturday: Babu Singh, groom of Pyledriver, who landed the Group 2 Hardwicke Stakes, becoming the first horse to win the World Pool Moment of the Day for a second time, having been named the winner after his success in the 2022 King George VI & Queen Elizabeth Stakes.

The Hong Kong Jockey Club partners with Ascot Racecourse and UK Tote for another five years

On Saturday, the HKJC announced that it has renewed a five-year World Pool partnership agreement with Ascot Racecourse to continue to promote racing as a global sport.

The HKJC and Ascot Racecourse initiated the first World Pool partnership, with the UK Tote, in 2019 and the renewal agreement, signed at Royal Ascot on Friday 23 June, will run from 1 July 2023 until 2028.

This followed on from the UK Tote signing a new five-year agreement with the HKJC at the start of the week, which sees the UK Tote become the exclusive partner for World Pool in the UK and Ireland.

Winfried Engelbrecht-Bresges, Chief Executive Officer at the Hong Kong Jockey Club, said: “Royal Ascot produced exceptional racing once again and it is clear that international racing fans have embraced the quality and depth of fields across the five days. World Pool offers the best international racing for customers across the globe. In the four years since we launched World Pool at Royal Ascot, the Hong Kong Jockey Club has forged – and enhanced – a host of World Pool partnerships around the world and we are delighted at the significant progress achieved so far.”

Michael Fitzsimons, Executive Director, Wagering Products, at the Hong Kong Jockey Club, said: “Royal Ascot delivered an unforgettable five days of world class sport for racing fans all over the world and we are absolutely delighted with the turnover figures and clear value proposition that World Pool has offered. Thursday will live long in the memory with Their Majesties The King and The Queen enjoying their first Royal Ascot winner and our very own World Pool ambassador Frankie Dettori winning the Gold Cup in his final ride in the race.

“The Queen Elizabeth II Jubilee Stakes produced a record turnover figure for a World Pool race, and we were thrilled to see Wellington take up the challenge in addition to strong representation from other countries around the world. That is what World Pool is all about. It was launched to show how successful international collaboration can be for the very best international racing around the globe. We couldn’t be happier with how World Pool has progressed, and we would like to sincerely thank and congratulate Ascot Racecourse for putting on such a wonderful five days of racing.”

Alastair Warwick, Chief Executive at Ascot Racecourse, said: “Having announced our five year World Pool renewal with The Hong Kong Jockey Club this week, it was tremendous to end Royal Ascot with record breaking turnover in the Queen Elizabeth II Jubilee Stakes. That race really emphasised the impact that overseas challengers can have. It was a wonderful week of racing, with strong fields and intense competition which is what punters around the world want to see.

“Our grateful thanks to the Hong Kong Jockey Club, who we were delighted were so well represented at Ascot, and our colleagues at the Tote.”

Alex Frost, Chief Executive at the UK Tote Group, said: Once again Royal Ascot proved to be five days of incredible racing with both popular and surprising results each day. There were many highlights, but a winner for Their Majesties The King and The Queen, along with four for Frankie Dettori and more success at the highest level for Pyledriver were particular standout moments. With deep pools of over £30 million a day for customers to bet into, the Tote provided incredible value throughout the Royal meeting with 29 winners paying bigger than the industry Starting Price and the Tote operating with an overround of 106%, compared to 125% with bookmakers.

“We saw UK digital volumes into the pool double as racing fans recognise the exceptional value available on the Tote. This creates fantastic momentum for the rest of the 2023 World Pool season in the UK and Ireland as we continue to grow the Tote which is such a vital element to ensure a financially sustainable sport in the UK.

“We remain incredibly grateful to the Hong Kong Jockey Club for their global leadership of World Pool and support for the racing industry. On the back of signing our new five-year agreement we will be continuing to work together to grow World Pool and develop the pool betting experience for the betterment of the whole sport.

“Finally, congratulations to Alastair Warwick and the whole Ascot team for delivering a truly magical five days.”

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

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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Meridian Donate: Revolutionizing CSR in the Betting and Gaming Industry

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  • Innovative engagement strategy positions MeridianBet as a leader in CSR within the betting and gaming industry
  • Optimized brand loyalty as active customer participation in CSR strengthens connection and loyalty
  • Scalable impact, as the model is designed for expansion and could be adapted to new markets, indicating potential for widespread adoption and growth

Transforming Customers into Environmentalists and Humanitarians

MeridianBet’s pioneering initiative, Meridian Donate, is transforming the betting industry by engaging customers directly in corporate social responsibility (CSR) actions. This unique platform allows customers to actively participate in and fund various environmental, societal and humanitarian projects, setting a new standard for customer engagement and community impact.

Key Features of Meridian Donate:

  • Direct customer involvement: Customers are not just donors but active participants in CSR decisions
  • Diverse programs: Offers choices from global afforestation to local humanitarian efforts
  • Partnerships with renowned organizations: Collaborates with entities like the Red Cross and UNICEF

Expanding Impact: A Year-by-Year Growth

The Meridian Donate platform has seen substantial growth in its scope and impact:

  • Number of individual campaigns: Grew from 8 in 2021 to 20 in 2023
  • National markets Integrated: Expanded from 3 in 2021 to 8 in 2023
  • Direct Beneficiaries: Increased from 43 NGOs in 2021 to 159 in 2023

In 2023 alone, the platform’s expansion into eight markets facilitated 20 customer-funded campaigns, directly benefiting 159 NGOs, up from 122 the previous year.

Continued Commitment to Innovation and Community Involvement

Meridian Donate not only showcases MeridianBet’s dedication to CSR but also redefines the role of digital marketing within the industry. By converting sports bettors into active CSR participants, Meridian Donate enhances customer loyalty and brand value, making it a critical element of MeridianBet’s market strategy.

Recent Successes and Future Outlook

In its recent operation, Meridian Donate has launched an ambitious global afforestation initiative, committing to plant 20,000 seedlings across various regions. This project not only underscores our environmental commitment but also enhances our brand’s community presence. Already, several hundred contributions have been recorded in the platform’s first month, indicating robust customer engagement and support.

The post Meridian Donate: Revolutionizing CSR in the Betting and Gaming Industry appeared first on European Gaming Industry News.

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Imagine Live Launches Casino Hold’em

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Imagine Live proudly unveils its latest game addition – Casino Hold’em. This thrilling new game promises to elevate the poker experience for enthusiasts and novices alike, combining the excitement of traditional Texas Hold’em with the thrill of live casino action.

Casino Hold’em offers players a dynamic and immersive gaming experience. With sleek graphics, intuitive gameplay, and live dealers, players will feel seated at a high-stakes table in a world-class casino right from the comfort of their homes.

Key features of Casino Hold’em include:

Neon-lighting Studio: Casino Hold’em has a very inviting atmosphere. It features an elegant, well-designed studio with neon lighting that evokes a sophisticated gaming environment.

Captivating Gameplay: Stunning graphics and seamless gameplay transport players to the heart of the action.

Bonus Bet: In Casino Hold’em, players can place a Bonus bet alongside their initial Ante bet. Even if the Play bet is lost, the Bonus bet remains unaffected and can still be won if the specific hand criteria are met.

Multiplatform Compatibility: Enjoy Casino Hold’em on desktop, tablet, or mobile devices, allowing players to play anytime, anywhere.

“We’re thrilled to introduce Casino Hold’em to our players,” said Mikayel Aznauryan, Chief Product Officer at Imagine Live. “At Imagine Live, we’re committed to delivering premium gaming experiences, and Casino Hold’em is no exception. With its blend of live action, strategic gameplay, and neon design, we believe it will quickly become a favorite among poker enthusiasts worldwide.”

The post Imagine Live Launches Casino Hold’em appeared first on European Gaming Industry News.

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Relax Gaming increases Italian presence via Octavian Lab aggregation deal

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Relax Gaming, the iGaming aggregator and supplier of unique content, has further increased its footprint in the Italian market with Octavian Lab.

Octavian Lab is a software house and service provider for online gaming suppliers. Led by highly specialised technicians, the company is committed to the development of products, protocols and integrated solutions in key regulated iGaming markets.

This partnership will see Octavian Lab’s operator partners in Italy, including leading sportsbook and casino Eurobet, gain access to a host of popular Relax Gaming titles.

Eurobet players are now able to enjoy timeless classics from Relax Gaming including the hugely popular Money Train series, Wild Chapo 2 and Marching Legions.

Gianluca Crimaldi, Director of Italy at Relax Gaming, said: “In order to continue our hugely successful trajectory in key markets such as Italy it is imperative that we continue working alongside some of the industry’s best aggregators.

“We are delighted to partner with the talented team at Octavian Lab who are helping ensure our games reach Italian players via the country’s top operators.”

Emanuele Nocentelli, CEO of Octavian Lab added: “We are proud of our partnership with Relax Gaming, one of the industry’s leading providers of high-quality games. It’s fantastic to be distributing their portfolio via our Gaming and Aggregation platforms and we are confident that Relax content will resonate with a wide audience of players across Italy. We look forward to maintaining and building upon this partnership for a long time to come.”

The post Relax Gaming increases Italian presence via Octavian Lab aggregation deal appeared first on European Gaming Industry News.

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