UK Tote Group – FairOdds Network

October 24, 2023

HKJC aims to expand World Pool after strong 2023

The Hong Kong Jockey Club (HKJC) said it is looking to further expand its World Pool offering for UK and Ireland races after generating HK$4.7bn ($600m/€566m/£490m) in turnover during 2023.

Some 19 races featured this year in this year’s World Pool UK and Ireland offering, including the Lockinge, the Irish Derby and the Sun Chariot for the first time.

The overall total was marginally down on 2022’s figure of HK$4.9bn, but still significantly up on the 2021 figure of HK3.9bn.

Meanwhile, prize money won across the 131 World Pool races in the UK and Ireland this year was at a record high of £32m. In the UK and Ireland, the international pari-mutuel pool is accessed via the Tote, at racecourses, online and via the Tote App.

Michael Fitzsimons, executive director of wagering products at the HKJC,  said: “We are really pleased with how World Pool has been received in the UK and Ireland again this year and the turnover figures look strong against a challenging economic backdrop.

“There a..

April 26, 2023

UK Tote Group brings in new senior leadership

UK and Irish pool operator UK Tote Group has hired two new CCOs to support its growth strategy and expand its international and domestic networks.

Jon Knapman joins Tote Group as chief commercial officer of the group’s international B2B business. With its recent expansion into US, South African and Hong Kong markets, the international business has seen substantial growth.

Dave Hammond becomes the chief commercial officer (UK) of the operator’s domestic operation. Hammond brings 25 years of experience in the industry from numerous senior operational roles in companies such as Inspired Gaming, Paddy Power, Betfair and DraftKings.

“As we continue to execute our growth strategy for the business and, following three years of significant expansion within international markets with many more opportunities on the horizon, we now have two extremely strong leaders focussed on driving the commercial performance of our international and UK businesses,” UK Tote Group chief executive Alex Fros..

February 2, 2023

UK Tote unveils daily North American racing offering

Pool betting operator UK Tote has confirmed that its customers will now be able to bet on daily North American thoroughbred racing across all digital platforms.

Tote announced today (2 February) that such betting options have been available via its Android and iOS applications, as well as its mobile web and Tote.co.uk platforms, plus its text-betting service, since last week.

It added thatSaturday’s Pegasus World Cup pools from Gulfstream Park in Florida saw a total of $43m wagered across the card.

As part of a phased approach, customers will initially have access to win, place, exacta and trifecta pools, with betting offered on the North American racing schedule broadcast on the Sky Sports Racing channel. Live and free streaming coverage will be available for customers via the Tote’s digital platforms.

Tote has linked up with 1/ST Content, a distributor of content for 60 North American racecourses, to deliver new feeds and data to support the offering.

Enhanced racecard content w..

July 27, 2022

UK Tote Group names Spencer and Holt non-executive directors

Pool betting operator UK Tote Group has appointed Lord Spencer of Alresford and Mark Holt as non-executive directors to its board.

UK Tote said the double addition would support its ongoing growth plans, with the focus on product innovation, better value, improved customer experience and strong partnerships to create more liquidity and bigger pools.

Lord Spencer is an entrepreneur and founder of interdealer broker ICAP, which became a FTSE100 business in 2006, and its successor, electronic markets services provider NEX plc. He is also one of more than 150 investors in UK Tote.

In addition to acting as a board director of a small number of private businesses, Spencer became chairman of the Centre for Policy Studies in 2020.

Holt brings experience and knowledge from his time working in senior technology roles with a number of businesses. These included spells as chief technology officer at CPA Global and chief technology officer for Trainline.

He is currently chief product and engi..

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Tag: UK Tote Group