Latest news with #RaceCoast
IOL News
2 days ago
- Business
- IOL News
The merger of KZN's Gold Circle and Cape Racing has birthed Race Coast.
The merger of Gold Circle's operations in KwaZulu-Natal and Cape Racing from the Western Cape has given rise to an exciting new entity known as Race Coast. Founded under the auspices of the uMhlanga-based South African sports betting company Hollywoodbets, this collaboration has been met with resounding support from the nation's leading horse trainers, who believe it represents a bright future for the sport. Prominent South African champion trainer Justin Snaith, along with the globally-renowned horse racing ambassador Mike de Kock and accomplished trainer Dean Kannemeyer, have publicly endorsed Race Coast. Their collective enthusiasm highlights a refreshing wave of optimism within the racing community. The Cape Town-based Snaith emphasised that this initiative promises not only to elevate the standards of racing but also to foster a deeper connection between the sport and its fans. He reflected on the initial success in his province of a similar initiative, RaceCape, initiated by Cape Racing and Hollywoodbets. Snaith is celebrating a half-century of KZN winter season assaults for the famous family operation. His father Chris, still a key member of their team, first raided with a string from the Cape in 1975. 'That structure has proven a tremendous success! It has not only boosted ownership and field sizes in the Western Cape but has also provided trainers with additional funding to enhance their operations. "Now we mark the historic beginnings of Race Coast, which is another generous initiative by Hollywoodbets, aimed at promoting ownership in KwaZulu-Natal and the Cape while boosting the horse population,' said at the launch of Race Coast. Snaith reminded us of the past, recalling that many feared that horse racing in South Africa might not survive after the COVID-19 pandemic. 'However, the dedicated efforts of a few individuals have not only saved the sport but have also paved the way for an exciting future. It is a future that we can shape and reinvent, making it better for all stakeholders involved. "Race Coast marks the beginning of something special for the province and the future of horse racing in South Africa. On behalf of all our owners, staff, and horses, we want to express our sincere gratitude,' he concluded. Mike de Kock, hailed as one of the great trainers of his generation, echoed this sentiment. He expressed confidence that Race Coast would invigorate South African racing and attract a new generation of enthusiasts, emphasising the intrinsic value of promoting racing as both an entertainment platform and a cultural cornerstone. De Kock, who recently joined forces with his son Mathew in a training partnership, said: 'De Kock Racing has been around for a long time, but as a new training partnership, Mathew and I are excited to be involved with the innovators behind Race Coast. "We have already seen the evidence of their vision and commitment, and we have positioned ourselves to grow with them. We look forward to what the future holds.' Three-time Hollywoodbets Durban July winning trainer Kannemeyer said a refreshing wave of enthusiasm and hope have been felt tangibly in the horse racing fraternity. 'The improvement and upliftment have been in bricks and mortar, communication, and incentives and stakes across the spectrum in the Cape, and looking at the rejuvenated Hollywoodbets Greyville landscape. It is a revelation and a passion-driven work-in-progress, in simple terms," he said. "The Hollywoodbets Team have made a difference in a short time, and one gets a very warm feeling that the sport is in good hands. We are all united under the flag of future prosperity, and, on behalf of our owners and the DKR team, I extend sincere onward and upward best wishes to Race Coast.'
IOL News
3 days ago
- Business
- IOL News
Race Coast, the answer to the evolving dynamics of South African horse racing
Race Coast Caption: Lock Eben Etzebeth, the Springboks' most capped player, and who currently plays for the Sharks, was among the luminaries to attend the official launch of the Race Coast brand in Durban. In an industry that has seen its fair share of ups and downs, Race Coast emerges as a beacon of hope, promising to reshape the future of horse racing in South Africa. The evolving dynamics of this venerable sport, threatened by dwindling interest and economic challenges, find new life in a platform designed to modernise the betting environment and engage new audiences. The Race Coast brand, a revitalised initiative, marries the operations of Gold Circle in KwaZulu-Natal with Cape Racing of the Western Cape under the Hollywoodbets umbrella. It aims to bring a fresh vibrancy to the racing scene and mark a pivotal moment in South Africa's equestrian history. Race Coast will embrace modernisation with an emphasis on integrity, preserving the rich traditions of a sport that has captivated audiences for over a century. The newly established brand has committed itself to sparking renewed interest in horse racing, aiming to attract a diverse audience and inspire a passion for the sport across all demographics. Devin Heffer, Brand & Communications Manager for the Hollywood Group, expressed an infectious enthusiasm during his address to the assembled crowd on Friday: 'What a vibe! It is so encouraging to feel that this is the game-changer that everybody has been crying out for.' He continued to outline the ambitious goals of Race Coast: 'We are thus determined to raise the bar with world-class professionalism, performance, and prestige. That doesn't happen overnight, but it starts with the basics of safety, fairness, and quality.' There is a socio-economic dimension to this initiative that cannot be overlooked. Horse racing creates jobs and generates commercial opportunities, significantly contributing to local economies and fuelling tourism. By harnessing this potential, Race Coast aims to ensure sustainable growth in the industry while fostering community engagement. Operations are already underway, with innovative policies being implemented to uphold the modernisation efforts. Heffer highlighted that Race Coast possesses 'the structure, foundation, and human capital' necessary to usher in an era where horse racing holds universal appeal. 'Simply put, it's a bolder, fresher, and more inclusive approach than ever, and we're determined and equipped to focus on rebuilding the trust, excitement, and excellence from the ground up,' he stated. As Race Coast sets its sights on redefining the South African horse racing landscape, the fusion of tradition and modernity stands at the forefront of their vision. This bold initiative is not merely about racetracks; it is an extensive movement aimed at reinforcing horse racing as a pillar of the country's cultural identity. With a rich history deeply rooted in South Africa, horse racing has always been more than just a sport; it's a celebration, a community event, and a source of local pride. However, as times change, so too must the frameworks that uphold these beloved traditions. The commitment by Race Coast to elevate the sport into a new epoch of engagement, excitement, and high standards paints an optimistic picture for the future.
