This week it was revealed that Coral, Ladbrokes, and BetFred have all teamed up to begin offering UK punters the chance to bet on pari-mutuel pooled events based out of Hong Kong in regard to horse races.
The agreement was signed by the Hong Kong Jockey Club and UK Tote, and will allow customers of the three companies to bet on races based out of Hong Kong. Punters hoping to get in on the action can do so online or through one of the thousands of betting shops based in the UK. Fixed odds betting will not be made available, but broadcasts of the races will be made available both online and in the shops.
Commenting on the deal Hong Kong Jockey Club Director George Irvine said, "A high street presence is a must in the UK market, and this agreement will enable some of the world's finest racing fans to participate in the excitement of Hong Kong's competitive racing. This deal ensures Hong Kong racing will be available in thousands of retail betting outlets, while future agreements we are finalizing will enable delivery direct to millions of UK households."
"Meanwhile, the placement of Hong Kong race cards in the Racing Post will reliably inform punters in a familiar style."