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Horse Racing Growing Again in South Africa

Johannesburg - After several years of shrinking market share following the boom of casinos and the lottery, horse racing was growing again in South Africa, gaming and leisure company Phumelela said on Friday.

South Africa’s biggest racetrack owner and the only racing operator other than Gold Circle with a totalisator licence said while local trading conditions remained challenging, its local betting division, racing operations, on-course attendance and hospitality performed ahead of expectations in the six months to January. In this time, it saw on-course attendances increase by 15 percent and totalisator betting on local horse racing increased by 2 percent.

Phumelela group chief executive Rian du Plessis attributed this to “hard work” rather than a change in market conditions. “My measure of horse racing really is on-course attendance. More people came to race."

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