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Racing leaders form HK$173 billion conglomerate to push world tote


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Racing leaders have formed a global conglomerate in an attempt to further develop the successful “world pool” concept for extra race meetings around the world.The Jockey Club announced on Friday that they had joined 20 global operators to create the World Tote Association (WoTA) and build more momentum behind the idea.It comes after the Jockey Club hosted the Royal Ascot world pool this month which grew 49 per cent to £137 million (HK$1.314 billion) in just its second attempt.The WoTA will…

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