Racing

The Royal Western India Turf Club (RWITC), which conducts horse races in Mumbai and Pune, has begun taking online bets on horse races on Paytm First Games.

A policy u-turn by the state government of Karnataka has left the Bangalore Turf Club and the Mysore Race Club hanging, shortly after they invested in the creation of online betting platforms to help them emerge from the Covid-19 slump.

The Hong Kong Jockey Club has announced that Anthony Ingham, who had been working for Marriott International, will join the club effective December 7 as Executive Director, Membership, Strategic Marketing and Branding (Designate), and fully assume the role at the beginning of 2021.

TAB New Zealand reported net profit for October of $15.8 million, which was $4.4 million above budget and $3 million above last year. Profit was driven by strong domestic and international racing and by the All Blacks' first international appearance since the Rugby World Cup. 

Seoul area casinos and racing facilities are being limited to 20 percent capacity under tightened Covid-19 related social distancing rules. While most other social venues will have 30-50 percent capacity limits, a tougher standard is being imposed on gambling venues.

If China ever does allow legalized betting on horse racing, the Hong Kong Jockey Club (HKJC) is likely to play a vital role. First, however, it will need to help the industry navigate major hurdles.

The Madras Racing Club is set to begin today inter-venue betting for the races run at Bengaluru, Hyderabad, and Mysuru, although there will be a one-day delay in distributing the winnings from the other venues.

Last week saw the end of the 2020 Melbourne Cup Carnival, held from 31 October to November 7. Known as "the race that stops the nation", the carnival is one of the biggest horse racing events in Australia and is well-known in the horse racing world. 

A New Zealand punter on the Melbourne Cup race has become a millionaire after placing a $30 bet, in what was said to be the biggest payout by the NZ Tab on the race.

TAB NZ’s key results for September were ahead of budget and ahead of last year. The Business reported strong performance for the month across all products, with sport, international racing, and domestic racing all well ahead of budget.