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LONGINES Hong Kong International Races prize money rises to £11.9 million

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Prize money for the 2023 G1 LONGINES Hong Kong International Races (HKIR) will be worth an unprecedented £11.9 million (HK$118 million) as the December showpiece meeting continues to host the world’s richest Group 1 turf races over six furlongs (1200m), a mile (1600m) and a mile and a quarter (2000m).

The G1 LONGINES Hong Kong Cup (2000m) – the jurisdiction’s richest race – receives a 5.9% increase to £3.63 million (HK$36 million), the G1 LONGINES Hong Kong Sprint (1200m) is boosted by 8.3% to £2.62 million (HK$26 million), the G1 LONGINES Hong Kong Mile (1600m) grows by 6.7% to £3.22 million (HK$32 million) and the G1 LONGINES Hong Kong Vase (2400m / 1m4f) advances 9.1% to £2.42 million (HK$24 million).

 

LONGINES Hong Kong International Races Distance

(metres)

2022/23

(HK$)

2023/24

(HK$)

Increase

(HK$)

% Increase
Hong Kong Sprint 1200 $24M $26M $2M 8.3%
Hong Kong Mile 1600 $30M $32M $2M 6.7%
Hong Kong Cup 2000 $34M $36M $2M 5.9%
Hong Kong Vase 2400 $22M $24M $2M 9.1%

 

Underlining their elite quality, three of last year’s G1 LONGINES HKIR features – the LONGINES Hong Kong Mile, the LONGINES Hong Kong Cup and the LONGINES Hong Kong Sprint – figured in the LONGINES World’s Top 100 G1 Races in 2022.

With the glittering LONGINES HKIR meeting highlighting Hong Kong’s stunning prize money growth, each of the city’s 12 Group 1 races will rise by a minimum of HK$1 million (£100,000) – a combined HK$20 million boost (£2 million) – as part of an overall prize money increase of 10%.

The enhancements cap Hong Kong’s record prize money and incentive structure of an estimated HK$1.73 billion (£174.5 million) across the 2023/24 season.

In addition to the lucrative purses on offer at LONGINES HKIR, Hong Kong will also stage the richest Group 1 turf race over 1400m with the Queen’s Silver Jubilee Cup (1400m) to carry HK$13 million (£1.31 million) in prize money, while the Club has also lifted Group 2 and Group 3 races to HK$5.35 million (£540,000) and HK$4.2 million (£423,000) – hikes of 7.0% and 7.7%, respectively.

Charlie Appleby has entered four in the G1 Standard Chartered Champions & Chater Cup (2400m), the final G1 of the Hong Kong season on Sunday 28 May at Sha Tin Racecourse. Global Storm, Rebel’s Romance, Siskany and Yibir could line up in the £1.2 million (HK$12 million) contest over a mile and a half (2400m).

Winfried Engelbrecht-Bresges, Chief Executive Officer of The Hong Kong Jockey Club, said: “The LONGINES Hong Kong International Races continue to be widely recognised as the ‘Turf World Championships’ and the HK$118 million total prize money on offer next season also underscores the Club’s commitment to attracting and rewarding the world’s best horses and their connections.

“With growing competition around the world, it is crucial that Hong Kong’s two international race days – LONGINES Hong Kong International Races and FWD Champions Day – continue to be destinations of choice for owners, trainers and jockeys from around the world.

“As we saw in December with the successful staging of 2022 LONGINES Hong Kong International Races and again with the latest wonderful FWD Champions Day meeting, these prestigious international meetings allow us to showcase Hong Kong’s world-class racing on the global stage.”

Including substantial increases to the PP and PPG bonus scheme, Hong Kong’s domestic racing prize money pool will rise by 8% alone next season – with an additional HK$94 million (£9.48 million) on offer – to HK$1.38 billion (£139 million).

“Before the 2022/23 season, we undertook a thorough review of our prize money and incentive structure and decided then to commit to continuous investments into the future, which has resulted once more in the significant prize money and additional incentives outlined over the past two weeks,” said Andrew Harding, Executive Director, Racing, The Hong Kong Jockey Club.

“Providing attractive incentives and increasing returns on investments for our Owners are central to these enhancements and we believe that these increases will provide additional support proportionate to their investments.”

As a result of these substantial prize money boosts for 2023/24, the Club has also approved an extension of the closing date for the 2023 Horse Ballot until 5pm Thursday, 11 May.

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New Resort & Casino Selects IvedaAI for Intelligent Video Surveillance Ahead of Grand Opening

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Iveda, a global leader in AI-driven video surveillance and smart-city technologies, announced that Subic Sun Development Inc. has chosen the IvedaAI platform as the video surveillance solution for the soon-to-open Subic Sun Resort, Convention & Casino. IvedaAI was selected early in the build-out to inform camera placement and ensure frictionless integration with future-ready, AI-powered analytics. Located on the former U.S. naval base in the Subic Bay Freeport Zone—a special economic hub that hosts thousands of international and local businesses—the resort will feature 500 guest rooms, a state-of-the-art convention center, a luxury casino and two Accor-brand hotels, Ibis Styles and Mercure, scheduled to open in December 2025.

The decision comes as global resort operators sharpen their focus on safety, service and operational efficiency. The global resort market generated $347 billion in 2024 and is projected to reach nearly $945 billion by 2030, an 18.5% CAGR. IvedaAI’s AI-enabled video analytics will help property staff lower security costs, respond to incidents faster and unlock data-driven insights that boost both guest satisfaction and bottom-line performance.

“Iveda being selected as a premier security and surveillance provider before the first Subic Sun Resort guest ever checks in is a powerful endorsement of our commitment to providing state-of- the-art monitoring technology. By designing camera layouts around IvedaAI’s real-time analytics, Subic Sun can optimize coverage, reduce blind spots, and deliver safer, smoother guest experiences—without a costly equipment overhaul. We expect more ground-up projects to follow this blueprint,” said David Ly, CEO and Founder of Iveda.

Iveda Philippines—Iveda’s joint venture focused on nationwide smart-city deployment—secured the Subic Sun contract and will oversee the on-site rollout. The win represents the team’s first major hospitality project and advances its plan to generate US $3 million in smart-city revenue by FY 2026, building on the broader initiative it announced last year.

The post New Resort & Casino Selects IvedaAI for Intelligent Video Surveillance Ahead of Grand Opening appeared first on European Gaming Industry News.

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FUN88 Thailand Celebrates 17th Anniversary with 17 Spins, Rewards & Newcastle Match Trip

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FUN88 Thailand, a top online gaming platform, is celebrating its 17th birthday with a special month-long event full of exciting rewards and lucky missions. The promotion, running from June 2 to 30, allows members to win amazing prizes like a 7-day trip to watch a live English Premier League Newcastle United match, a luxury Royal Oak watch, 17 spins for a special Anniversary Badge and many more guaranteed rewards.

With the theme “Play with FUN, be FUN”, FUN88 promises a fun and rewarding experience for all players.

How to take part in FUN88’s 17th birthday to win big:

• BE FUN Lucky Spin: Complete daily or event missions to earn spins. Every spin is a guaranteed win. Grand prizes include a NUFC new season football trip to England, a luxury Royal Oak watch and more.

• Daily Check-In: In the new Rewards Lobby, members who topped up in the past 7 days can check in daily for rewards up to 12,888 THB.

• Top-Up on 8th, 18th, 28th: Get 5 extra spins just by topping up on these special dates.

• Extra Missions: Try missions like Virtual Sports, SOS Insurance Slots, or join “Road to World Cup I” for even more spins.

• Anniversary Badge: Spin the BE FUN Wheel 17 times during the event and get the exclusive 17th Anniversary Badge.

All event details are available on the FUN88 Promotions page.

The post FUN88 Thailand Celebrates 17th Anniversary with 17 Spins, Rewards & Newcastle Match Trip appeared first on European Gaming Industry News.

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BetConstruct Wins “Digital Sports Betting Supplier of the Year” Award at Global Gaming Awards Asia-Pacific 2025

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BetConstruct has won the “Digital Sports Betting Supplier of the Year” award at the Global Gaming Awards Asia-Pacific 2025, one of the most prestigious recognitions in the gaming industry in the region.

“This award celebrates our collective efforts in building one of the most dynamic and versatile Sportsbook platforms on the market. With over 140,000 pre-match and 70,000 live events monthly, and a flexible integration model (Turnkey, White Label, API), we continue to deliver unmatched value to our partners across all channels. Thank you to GGA Asia-Pacific for this honour, and to each member of our team who contributed to this success. Let’s keep raising the bar,” the Company said.

The post BetConstruct Wins “Digital Sports Betting Supplier of the Year” Award at Global Gaming Awards Asia-Pacific 2025 appeared first on European Gaming Industry News.

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