Latest News
World Pool turnover hits HK$1.27 billion for Q1
World Pool turned over a total of HK$1.27bn (approx. $161.8m) across its five fixtures for Q1, with year-on-year turnover for the quarter increasing by 70 percent on 2022’s Q1 total of HK$745.4m (approx. $94.9m).
Globally commingled bets from over 20 countries saw an average of HK$254m (approx. $32.6m) bet on each of the five fixtures – Met Day, Lightning Stakes Day, The Saudi Cup, Dubai Super Saturday and the Dubai World Cup – with the Dubai World Cup card attracting the highest turnover of HK$315.2m (approx. $40.2m).
Met Day from Kenilworth, Dubai Super Saturday and The Dubai World Cup all saw increases in turnover from 2022, with The Dubai World Cup card achieving the highest growth of 12 percent, up HK$33.6m.
The Dubai World Cup itself recorded the highest turnover of any race in Q1 with HK$54.5m (approx. $6.9m) bet on the contest, while The Saudi Cup (HK$48.4m) and the Dubai Sheema Classic (HK$46.5m) ranked second and third.
New fixtures for 2023, Lightning Stakes Day and The Saudi Cup, both yielded strong turnover figures of HK$253m (approx. $33.2m) and HK$197.8m (approx. $25.2m), respectively.
Equinox returned the shortest priced winner of Q1, winning the Dubai Sheema Classic at odds of 1.6, and Dubai World Cup night also produced the longest priced winner, with Danyah at 69.7 winning the Al Quoz Sprint.
World Pool returns to UK for Q2
World Pool will next be in operation for 2000 Guineas Day from Newmarket on 6 May, one of eight UK fixtures in Q2.
Punters from over 20 countries will once again be able to bet into huge global pools for Derby Day (3 June) from Epsom as well as all five days of Royal Ascot (20 – 24 June), while World Pool will make its debut at Newbury for Lockinge Stakes Day on 20 May
Last year’s Commonwealth Cup Day from Royal Ascot currently holds the record for highest turnover, with bets totalling HK$351.8m (approx. $44.8m/£36.2m) placed across the seven-race card.
Mr. Michael Fitzsimons, Executive Director, Wagering Products, The Hong Kong Jockey Club, said: “World Pool continues to grow year-on-year and results from Q1 have been excellent, with growth across all fixtures as well as strong turnover at new fixtures that were added this year.
“We now look forward to returning to the UK for a busy Q2 period, which includes all five days of Royal Ascot, where we have seen our strongest turnover figures in the past.
“We’re hopeful of building on the strong performance of Q1, while continuing to offer an unrivalled product in terms of liquidity and value for punters around the world.”
Latest News
Gaming Corps games suite to roll out with betPawa, which operates in 12 African countries
Gaming Corps – a publicly-listed game development company based in Sweden – is to bring its premium games suite to more players across Africa after agreeing a partnership with betPawa.
More than 10 million Africans trust and use betPawa as their betting brand of choice, with the operator currently active in 12 countries across the continent. betPawa is on a mission to make betting friendly by providing 24-hour customer support, a user-friendly platform, the lowest minimum stakes and guaranteed and instant payments.
Players at betPawa will be able to enjoy Gaming Corps’ full portfolio of Crash, Mine, Table and Slot titles, as well as a certified Plinko. This will include recent smash hits such as RAMPAGE, Piggy Smash and Raging Zeus Mines, along with Gaming Corps’ renowned games series such as Jet Lucky and Coin Miner.
Gaming Corps is now able to offer more value to players following the launch of its Smash4Cash™ mechanic, which is designed to make the game experience even more unique and bring an even greater chance for players to make the most of bonus rounds.
Mats Lundin, Gaming Corps’ Director of Sales, said: “We are delighted to partner with betPawa; an operator that has established a reputation as a successful and trusted betting brand across Africa.
“This is a fantastic opportunity for us to bring our thrilling games to many more players across the continent, and I look forward to offering even more magnificent games to betPawa’s players as we continue to strengthen our portfolio. Our Smash4Cash™ mechanic is already helping us produce games full of even more excitement, and I’m sure that trend will continue.”
Spencer Okach betPawa said: “This partnership with Gaming Corps will allow us to further strengthen our casino offering, and we are very excited to give our players the chance to make the most of Gaming Corps’ first-class games suite.
“We are always looking for ways to make the gaming experience with betPawa even more memorable, and I’m sure Gaming Corps’ ever-expanding list of games will help us do that.”
The post Gaming Corps games suite to roll out with betPawa, which operates in 12 African countries appeared first on European Gaming Industry News.
Latest News
UK risks losing safer gambling leadership position – warns BetBlocker.org chief of partnerships
Pedro Romero, chief of partnerships at safer gambling software provider BetBlocker.org has highlighted the sense of insecurity among Research, Education and Treatment organisations arising from the publication of the UK Government’s White Paper on gambling reform.
Speaking following February’s edition of ICE where BetBlocker and US-based International Centre for Responsible Gambling (ICRG), shared a £41,000 pool which was provided by leading brands Light and Wonder, Flutter, Betsson Group, IGT, Novomatic, Neccton and Playtech Pedro Romero noted: “The main talking points at ICE 2024, particularly in relation to safer gambling, revolved around the publication of the White Paper which has caused so much anxiety.
“It’s concerning that many in the third sector feel alienated from critical conversations about the future of safer gambling and harm minimisation.
“The potential implications of this disconnect are significant, not just for the individuals and communities we serve, but for the UK’s reputation in the field.
“We must find a way to bridge this gap and work together to address the challenges ahead. Otherwise, I fear the UK risks losing its leadership position in advancing safer gambling practices.”
Regarding the £20,500 donation which was presented at ICE he added: “We have earmarked these funds with a dual purpose in mind. Primarily, it will assist with our running costs, which as a small charity is crucial for the sustainability of our operations.
“Additionally, we are excited about a very special project that we’re planning for ICE 2025 in Barcelona. Without giving too much away, it’s a development that aims to pay tribute to both Clarion and the city of Barcelona. We believe it will make a significant impact and we look forward to unveiling it.”
Romero spoke positively about the relocation to Barcelona stating: “ICE 2024 served as a fantastic farewell to London, marking the end of an era and the beginning of a new chapter in Barcelona.
“While there’s a certain sadness in leaving a city that has been such a great host, the move to Barcelona is an exciting development. It represents a fresh opportunity for ICE to be the global gaming hub in a vibrant, dynamic city. We are very much looking forward to what the future holds in this new location.”
The post UK risks losing safer gambling leadership position – warns BetBlocker.org chief of partnerships appeared first on European Gaming Industry News.
Latest News
The MeridianBet – Golden Matrix Transaction Secures Approval at GMGI Shareholder Assembly
The MeridianBet Group, Southeast Europe’s leading Business-to-Consumer (B2C) sports betting and gaming group, operating in multiple markets across Europe, Africa and Latin America, announced that the shareholders of Golden Matrix Group (GMG), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, have voted to approve the acquisition of MeridianBet.
Commenting on the merger Zoran Milosevic, Chief Executive Officer of MeridianBet Group, said: “Today marks a major milestone for MeridianBet and I am thrilled that the shareholders of Golden Matrix have overwhelmingly voted in favor of the acquisition of MeridianBet. By joining forces, we are not only expanding our reach but enhancing our ability to provide customers with a diverse and comprehensive offering whilst creating a leading global betting group. I look forward to announcing the completion of the deal in due course.”
The post The MeridianBet – Golden Matrix Transaction Secures Approval at GMGI Shareholder Assembly appeared first on European Gaming Industry News.
-
Balkans3 weeks ago
EEGS hosted another captivating monthly webinar featuring esteemed speakers for an insightful discussion
-
Australia4 weeks ago
Victoria Racing Club, Tabcorp and Nine Enter Landmark Deal for Melbourne Cup Carnival
-
Compliance Updates4 weeks ago
CT Gaming Obtains New Certifications for Romania
-
partnerships4 weeks ago
IHRB and BHA Confirm New Equine Anti-Doping & Medication Control Initiative
-
Western Europe3 weeks ago
EGT Digital to Demonstrate its Latest iGaming Solutions at Irish Gaming Show 2024
-
Eastern Europe4 weeks ago
SBC Summit Tbilisi 2024 Promises Growth and a Deep-Dive into Eastern Europe & Central Asia
-
20253 weeks ago
SBC reveals huge expansion plans for SBC Summit Rio 2025
-
Argentina3 weeks ago
LIGHT & WONDER™ ENTERS ARGENTINA FOR THE FIRST TIME THROUGH BETSSON AGREEMENT