Singapore Pools and UK Tote commingle pools on British racing

  • Singapore and UK customers now betting into a single pool on British racing

Wednesday 24th April 2024

The UK Tote Group and Singapore Pools have signed a new agreement to commingle pools.

The agreement sees both organisations combine liquidity with customers of Singapore Pools betting into the UK Tote’s pools on British racing meetings. This creates bigger UK pools, ensuring a better customer experience for racing fans in the UK and in Singapore and an improved financial return to the sport.

The agreement was made in partnership with Arena Racing Company and Racecourse Media Group as the media rights holders for British racing’s 59 racecourses. Singapore Pools have been long-standing partners of British racing, hosting local pools on the sport. This collaboration between these stakeholders further deepens the relationship, benefiting racing fans and the sport.

Simon Leong, Chief Product Officer of Singapore Pools, expressed his enthusiasm for the new commingling arrangement with the UK Tote.  He said, "We are delighted to collaborate with the UK Tote on this new front, which not only provides our customers access to larger pools but also contributes to British horseracing which have been telecasted in Singapore since 2010.  We deeply appreciate our longstanding partnership with British racing and look forward to further strengthening the communal horseracing ties shared between us.  Singapore Pools will continue to bring quality products from around the world to Singapore and elevate the racing experience for all." 

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Jon Knapman, International Chief Commercial Officer of the UK Tote Group, said: “This is a really positive development and we’re pleased to have the opportunity to collaborate with colleagues at Singapore Pools to ensure bigger pools for all our customers. We will continue to cooperate and commingle with our international pool betting partners to ensure bigger, more unified pools on our racing. We’d like to thank all involved who contributed to this new agreement.”

Nick Mills, Chief Commercial Officer of RMG, said: “Singapore Pools have been a long-standing partner of British and Irish racing, having hosted local pools for over 15 years. This is a great example of British racing working together and we are delighted to work with all parties to facilitate commingling into the UKTG and therefore provide greater liquidity, which will see benefits to all.”  

ENDS.

For further information, please contact:

Susannah Gill
Communications and Corporate Affairs Director
UK Tote Group
susannah.gill@uktotegroup.com
+44 (0)7751 870 929

Notes to editors

About UK TOTE GROUP

The UK Tote Group is the proud owner and steward of the Tote, the UK’s leading pool betting operator. The Tote has been a core part of British horseracing since 1928 when it was established by Parliament under Winston Churchill as Chancellor of the Exchequer, to provide the public with a safe way to bet and vital funding for the sport.

The UK Tote Group is committed to fulfilling the Tote’s founding mission through revitalising the 95-year old British company to ensure it provides better value and an improved experience to customers, as well as increased funding for British horseracing. The UK Tote Group is backed by racehorse owners and breeders from around the world who believe a stronger UK and Irish host pool is an essential component in the successful future of the sport, as is the case in other successful racing jurisdictions.

The Tote is the pool partner to all 85 British and Irish racecourses, and the UK Tote Group is proud to be able to work with them and all of its media rights and bookmaker partners to bring innovations and improvements to all of its customer channels, including those within its digital business, through the Tote website (tote.co.uk/tote.ie) and the Tote App.

The UK Tote Group is a founding member of the World Tote Association and will co-chair the organisation between 2022-24. The UK Tote Group is committed to working with international partners to grow pool betting in a sustainable manner, while showcasing the benefits of the sector to stakeholders, including customers, regulators, national governments, the racing industry and society as a whole.

The Tote employs 200 people who are based in the Tote’s main office in Wigan and its satellite office in London.

For more information please visit www.uktotegroup.com and www.tote.co.uk and follow us @UKToteGroup and @ToteRacing.

About Singapore Pools

Singapore Pools was established by the Singapore government on 23 May 1968 to provide safe and trusted betting to counter illegal gambling. As a not-for-profit organisation, it makes contributions to the Tote Board to fund a wide range of causes in social service, community development, sports, arts, education and health sectors. Since 2004, over $5 billion have been channelled to the Tote Board. In addition, Singapore Pools also contributes about $2 billion annually to the Government in the form of taxes and duties. Its responsible gaming practices have been awarded the highest level of certification (Level 4) by the World Lottery Association’s Responsible Gaming Framework since 2012.

Since inception, Singapore Pools’ staff have a long-standing commitment to doing good and giving back to those in need. Staff volunteers support activities held all year round, from helping disadvantaged children, youth-at-risk, underprivileged families, and elderly, to conserving the environment.

About Racecourse Media Group (RMG)

RMG is the umbrella organisation for the 34 racecourses, which hold an interest in Racing TV, Racing TV International (international betting broadcast service) and Racecourse Data Company (licensing and control of Pre-Race Data). RMG also represents racecourses' content in the LBO (licensed betting office) market. Pictures are shown in around 7,000 LBOs in Britain and Ireland.

For more, visit www.racecoursemediagroup.com