Commingling set for growth in HK after first year tops expectations

The Hong Kong Jockey Club’s first year of commingling its multi-billion dollar pools with overseas totalizator companies has exceeded expectations and looks set for further expansion. Overseas totalizator companies, which have long-admired the HKJC’s massive liquidity, now have the chance to bet into their pools for the first time after the club began commingling in April last year.   Strictly speaking, there’s nothing new about “commingling”, two totalizator operators sharing a common pool on the same event, but what has been hailed as a “game changer” by horse racing officials is the Hong Kong Jockey Club opening up its monster tote pools to foreign operators Hong Kong racing has been beamed into other betting jurisdictions for years, but customers that previously have bet into separate and comparably small pools now can share in the overall stability and substantial pay-outs provided by the HKJC’s massive liquidity. The HKJC’s per race hold is by far...

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.