Japan’s Keirin (bicycle racing) has not been left behind in the nation’s recent online wagering boom. While revenues have been advancing slowly in recent years, in 2020 overall ticket sales jumped to just under JPY750 billion (US$6.9 billion), a 13.6% year-on-year increase.
The new state of emergency declarations for four urban prefectures in Japan is hitting the horse racing associations in various ways, including the running of races without spectators and the suspension of business at off-track betting facilities.
Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.
The Hong Kong Jockey Club will offer World Pool betting for the Dubai World Cup meeting (27 March) at Meydan Racecourse.
The Hong Kong Jockey Club has added the QIPCO 2000 Guineas Day at Newmarket and Derby Day at Epsom Downs as World Pool events this year.
The Macau Jockey Club (MJC) will miss out on a multimillion dollar payday for the second year running after the cancellation of the Hong Kong simulcast of the Macau Hong Kong Trophy.
The Hong Kong Jockey Club said the government’s decision to allow extra simulcast days during the summer racing lull will help curb the illegal gambling that has threatened to undercut its revenue in recent years.