Ticker

Commingled Wagering on the Arc - First Time Ever

AmWest Entertainment
Prospect, Kentucky, October 2, 2012 — For the first time in history, Americans will have the opportunity to wager into the world’s second largest pool—and gain the chance for big payoffs—when AmWest Entertainment joins with France’s Pari Mutuel Urbain (PMU) to simulcast the Qatar Prix de l’Arc de Triomphe Weekend on October 6 & 7.
Featuring seven Group 1 events topped by the Qatar Prix de l’Arc de Triomphe (G1), Europe’s premier event worth €4 million (about $5.15 million and thus more valuable than America’s richest race, the Breeders’ Cup Classic [G1]), Arc Weekend spans 15 Thoroughbred races over the two days at famed Longchamp Racecourse in Paris.
Never before have American horseplayers been able to wager into a major common pool. PMU conducts wagering on horse racing with volume second worldwide, behind only the closed market of Japan.
In 2011, a total of $60 million was wagered on the two Arc Weekend programs, with more than $36 million on Arc day alone.
      “In keeping with our ongoing commitment to bring the best of international racing and wagering to North America, AmWest is delighted to provide the opportunity to bet into the second largest pari-mutuel pool in the world and enjoy the best payoffs and wagering options,” said AmWest Chief Executive Officer Nelson Clemmens. “We believe Arc Weekend will be the most rewarding racing and wagering experience possible.”
“PMU has the greatest pool open to commingling in the world and we have been working on developing the access to it. We believe that the extraordinary quality of French races and the big PMU pools will be of much interest to U.S. players,” said PMU International Director Aymeric Verlet. “We are pleased to be working again with AmWest Entertainment in the simulcasting of our premier races.”
A strong lineup of potential runners is preparing for the Qatar Prix de l’Arc de Triomphe, led by Japanese Triple Crown winner Orfevre, who has banked over $12.3 million; Breeders’ Cup Turf (G1) winner St Nicholas Abbey, earner of $4.26 million, and Epsom Derby (G1) and 2000 Guineas (G1) winner Camelot, earner of $2.8 million.
The October 7 program will begin at 7:20 am EDT, with eight Thoroughbred races for wagering extending through 12:25 pm, and the Qatar Arabian World Cup, broadcast as a non-wagering event. The October 6 program, which includes three Group 2 races among five Thoroughbred races to kick off Arc Weekend, will begin at 7:30 am extending through a final post at 10:10 a.m. The Qatar Total Arabian Trophy for fillies will be broadcast as a non-wagering event.

 

comments powered by Disqus

Top Stories