Hong Kong punters gear up to bet on The Everest for first time


The Everest is set for a major boon with cashed-up punters in Hong Kong set to bet on the super-rich race for the first time in its history after the Hong Kong Jockey Club allocated a simulcast day to the event.

The move is expected to see around A$7m wagered through the Jockey Club tote on the race alone, which will return major money back to racing in New South Wales.

Last season a record A$1.2 billion was wagered on simulcast races across 26 days in Hong Kong.

It presents a seismic change in direction for the Hong Kong Jockey Club who were originally sceptical of the slot race concept and had held a rare Saturday Sha Tin meeting on the same day as well.

The Jockey Club will also bet on the Caulfield Cup on the same day along with British Champions Day at Ascot.

Victoria Derby Day will also be simulcasted into Hong Kong for the first time in recent history while the Cox Plate has again missed out after it was pulled from the simulcast schedule following Winx’s retirement.

The Everest news marks the first time in recent history the Jockey Club will bet on a race without a “Group 1” tag next to it.

“The Everest is Group 1 quality, just not Group 1 recognised so there is no issue on our side supporting it,” Hong Kong Jockey Club director of racing business and operations Bill Nader told News Corp.

“We have done Singapore and Macau which are not international Group 1’s but domestic Group 1’s.

“But in terms of going to a major country it is (the first time we have done it.)

“It is exciting, what we are trying to do is provide the best possible international experience for major events and this certainly is a major sprint in terms of its status.

“Maybe there is a horse in The Everest which comes on to Hong Kong international races which is a major consideration, we want to showcase horses which are leading into our major days.

“The Everest being a single race, if they get a decent field and everything falls nicely it should do about HK$38 million, our average right now is about HK$42m for an individual race – Japan and France are very strong at the moment.”

Interest in The Everest in the Hong Kong racing mecca peaked last year when Hong Kong-owned sprinter Classique Legend stormed to a famous victory in the $15m sprint.

Racing NSW chief executive Peter V’landys was delighted when told about the news out of Hong Kong.

“That is fantastic news, especially considering if Classique Legend is able to defend his crown which would generate significant interest in Hong Kong,” V’landys said.

Camera IconRacing NSW CEO Peter V'landys. Jonathan Ng Credit: Supplied

Nader revealed Hong Kong punters had embraced the Classique Legend factor in The Everest.

“Look at last year’s winner Classique Legend, we are very familiar with him so the touch points are very evident to us,” he said.

Source link


Please enter your comment!
Please enter your name here