The acquisition, approved by the KwaZulu-Natal Economic Regulatory Authority (KZNERA)<\/strong>, not only brings two racing giants under one roof but promises a reinvigorated future for the sport in the region.<\/p>\n\n\n\n Cape Town and KZN racing now share the same stable, and the ripple effect is already being felt. With Hollywoodbets at the helm, there’s a galloping sense of momentum, driven by a powerful blend of corporate commitment and community passion.<\/p>\n\n\n\n The move follows Hollywoodbets’ earlier investments in revitalising Cape Town’s racing industry, and now the spotlight is firmly on KZN. Hollywoodbets, already known for its wide-ranging sponsorships – from the Dolphins cricket team to the Sharks rugby franchise – is now championing one of the country’s oldest and most beloved sports.<\/p>\n\n\n\n Hollywood CEO Suren Rampersadh<\/strong> confirmed that it was now all systems go to revitalise a sport that enjoys a unique place in the hearts and minds of passionate locals.<\/p>\n\n\n\n \u201cWe wish to reaffirm that we are fully committed to securing the future of the horse racing industry in KwaZulu-Natal and are privileged to be in a custodial position to carry the baton into what we firmly believe will be a bright and prosperous future for the sport and all stakeholders in the region and beyond,\u201d he said.<\/p>\n\n\n\n \u201cThis has been a long journey, and we are super-proud that our team has got it over the line. I am sure that our pride is more than matched by the relief and renewed enthusiasm of all stakeholders.\u201d<\/p>\n\n\n\n Rampersadh emphasised that the company’s long-term investment will continue to expand, with a goal to “change the face and broaden the appeal” of the sport, which boasts a global reach into over 584 million households.<\/p>\n\n\n\n Aside from the glitz of race day, this bold acquisition is expected to safeguard around 6,000 jobs across the province and fuel a massive infrastructure upgrade.<\/p>\n\n\n\n Enhancements are already underway at Hollywoodbets Greyville Race Course<\/strong>, including track renovations and lighting systems that will allow for day and night racing. Meanwhile, the Summerveld Training Centre<\/strong> will benefit from modernised stables, improved accommodation for grooms and upgraded roads.<\/p>\n\n\n\n This isn’t just a corporate win, it’s a lifeline for an industry steeped in tradition, now charging forward with renewed energy and vision. <\/p>\n\n\nThe horse racing industry<\/h2>\n\n\n\n
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