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Jockey Club Racecourses Limited’s segment revenues for 2021 and 2022 reveal notable insights. In 2021, the Horse Racing segment generated £127.1 million, accounting for the bulk of the company’s revenue. The Conference and Events segment contributed a relatively modest £10.5 million. However, in 2022, both segments experienced significant growth. The Horse Racing segment soared to £206.0 million, a substantial 62.1% increase, likely driven by a resurgence in attendance and betting activities following the easing of COVID-19 restrictions. Simultaneously, the Conference and Events segment grew to £17.2 million, a remarkable 63.8% rise, suggesting a robust recovery in the events industry. Together, these segments solidified Jockey Club Racecourses Limited’s position as a leading player in the horse racing and events domains. https://lnkd.in/ehVxSxJv

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WHY NEW "PERFECT" RED BULL RING KERB SOLUTION COULD BANISH F1'S TRACK LIMITS PROBLEM https://lnkd.in/eSSEa-sY A new kerb and gravel trap solution introduced at the Red Bull Ring could become the blueprint to banish track limit problems everywhere in Formula 1. As F1 teams got a first glimpse of the solution that has been incorporated at several corners of the Austrian Grand Prix venue on Thursday, F1 race director Niels Wittich has suggested the series has finally found a "perfect set-up." With the Red Bull Ring having been one of the circuits where track limits have been a major problem in the past, with there being more than 1200 offences in last year's Austrian GP, it was clear action needed to be taken for this year. So, following input from the FIA, a series of key revisions have been implemented in specific areas of the circuit aimed at resolving the matter for good. And rather than it simply being a case of race organisers introducing gravel traps behind the kerbs to deter drivers from running wide, the changes are more detailed than that in an effort to sort the track limits problem for good (...).

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In a bittersweet farewell, the Macau Horse Racing Company Limited (Macau Jockey Club) hosted its final horse races on Saturday, 30 March, marking the end of an era in the city’s history and officially closing the chapter on animal racing in Macau. Approximately a thousand racegoers, comprising residents and visitors from Hong Kong and mainland China, gathered to witness the historic moment. Emotions ran high as attendees bid goodbye to the iconic club, with many expressing sadness over its permanent closure. The decision to terminate the MJC’s concession contract, announced by the government in January amid the 2023-24 racing season, cited years of financial struggles exacerbated by the prolonged COVID-19 pandemic and declining interest in the sport. The MJC’s accumulated losses exceed $2.5 billion, dashing any hopes of a quick recovery. These ongoing financial struggles motivated the Macau government’s decision to cut its losses. Long-time trainer Geoff Allendorf lamented the stark decline in horse numbers over the years, underscoring the challenges faced by the once-thriving establishment. Read the full article ➡ https://lnkd.in/dEpuBzMJ #asia #macau #gambling #gamblingnews #racing #horseracing

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