HORSE RACING REVIVAL: Hollywoodbets takes over Gold Circle in landmark move
By Sitha Maliwa:
Hollywoodbets acquires Golden Circle on Workers Day
South African horse racing marks a historic turning point today as Hollywood Sportsbook Holdings, better known as Hollywoodbets, officially takes the reins of Gold Circle following the final approval of the KwaZulu-Natal Economic Regulatory Authority (KZNERA).
The long-awaited green light arrives just days before the launch of the 2025 Champions Season this Saturday, signalling what industry stakeholders are calling a "new dawn" for horse racing in the province.
The acquisition, in development since early 2023, brings with it a much-needed R500 million investment package aimed at reviving and modernising KwaZulu-Natal's beleaguered racing industry. Once a jewel in South Africa’s sporting crown, the sec...