Online wagering provider Xpressbet has announced it has partnered with the Hong Kong Jockey Club to bring live, commingled wagering on Hong Kong races to Xpressbet's U.S. platform.
Xpressbet customers can wager on the races from Hong Kong beginning July 1. Hong Kong racing is famous for offering the world's largest pools, which currently average more than $17 million per race, and the highest prize money per race worldwide, as well as world-class racing at its two premier racing venues, Sha Tin and Happy Valley.
Combined, Sha Tin and Happy Valley host 83 live racing dates each year, with fixtures held from mid-September through mid-July.
"At Xpressbet, we pride ourselves on providing our customers access to the best racing in the world, and adding racing from Hong Kong to our wagering menu is something that we're very excited to do," said Xpressbet president Ron Luniewski. "Our customers will have access to Hong Kong's enormous commingled pools and top-quality racing, and we look forward to helping the Hong Kong Jockey Club build a new fan base in the United States."
The Hong Kong Jockey Club executive director of racing Bill Nader said the deal is important.
"This is a significant announcement in the development of commingling and the extension of our world-class racing across America," Nader said. "Since we began commingling with the U.S. in late March, we have seen a consistent and encouraging level of investment from American racing fans. This agreement with Xpressbet will add significantly to our following in the U.S."