Phumelela shares have been trading at very low volumes for the last weeks. Then suddenly, on 27 January, a big splash: 1.2 million shares. Someone sold, someone bought. After that, all went quiet again.
Organisations are contributing R4 million towards offsetting a R10-million shortfall in prize money for races at the five Phumelela racecourses in the 2010-11 racing season – but conditions apply.
Phumelela Gold Enterprises, the joint venture between South African horseracing and tote betting operators Phumelela and Gold Circle, and the UK tote have signed an agreement that enables British betting shop customers to bet directly into South African tote pools for the first time.
John Stuart, Director International Marketing and Sales, and Betting Executive Vee Moodley have been appointed International Executive Director and Betting Executive Director on the board of Phumelela.
There simply isn’t a better five days of Flat racing anywhere in the world! It all starts on Tuesday 17 June with three Gr1 races
It’s been confirmed – New Zealand reigning champion jockey Warren Kennedy has been booked to ride Confederate for trainer Fabian Habib on 05 July
The Hollywoodbets Gold Challenge day last Saturday produced some top-drawer racing and inspiring performances on the track
