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This Year's Big Summit Brings,Discussions On Developments, strategies and opportunities in Africa's gaming sector : TechMoran

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Horse racing democratised and no longer the sport of kings


Horse racing democratised and no longer the sport of kings
Horse racing is an ancient sport with its origins dating back to about 4500 BC among the nomadic tribesmen of Central Asia who raced horses since early domestication. Since then, horse racing has flourished as the sport of kings. The sport also has a long history in South Africa and is recorded as far back as 1795 – when British rule first came to the Cape. Horse racing was aptly dubbed ‘the sport of kings’ due to the extensive costs involved in buying and maintaining horses. Until now. Fractional ownership of horses has opened up the world of horse racing to virtually anyone as ownership is determined by the amount they can afford on a monthly basis. With the sport offering both potential winnings and immense entertainment, fractional ownership of racehorses and the resultant democratisation of the sport may well be the saving grace of horse racing in the country. – Nadya Swart ....

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