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Phumelela boosts stakes

By SuperUser Account

December 30, 2015

More than R278-million will be paid in prize money in Phumelela regions for the racing season 2015-16.

Stakes on the Highveld will increase to R148-million, in the Eastern Cape to R41.7-million and the Northern Cape to R16.2-million.

Phumelela manages racing and betting in the Western Cape on behalf of Kenilworth Racing and prize money there will increase to just over R72-million for the season (excluding The CTS Million Dollar Race).

These stake increases will be in effect from 1 January 2016. – Phumelela