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Search resuls for: "Singapore Turf"


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Horses being ridden by work riders during a Singapore Turf Club trackwork session on May 15, 2014 in Singapore. The Singapore Turf Club on Monday announced that it will hold its final race on October 2024, closing a 180-year-old chapter on horse racing in the city state. At the same time, we understand the land needs of Singapore, including housing and other potential uses such as leisure and recreation," Turf Club Chairman Niam Chiang Meng said in a press release. Demand for housing in Singapore has been soaring, pushing 2023's first-quarter private residential property price index up 11% compared to the same period last year. "Young people don't bet on horses, they go to casinos now," Jimmy, a 67-year-old avid horserace bettor from Singapore told CNBC, adding that racing takes place only once a week on Saturdays and at 30-minute intervals.
Persons: Niam Chiang Meng, Jimmy Organizations: Singapore Turf Club, Monday, Government, Turf, CNBC Locations: Singapore
Hong Kong CNN —The space starved island state of Singapore is bringing the curtain down on more than 180 years of horse racing with its sole racecourse set to be handed back to the government to make way for public housing. The final race at the Singapore Turf Club will be the 100th Grand Singapore Gold Cup on 5th October 2024. The site will be redeveloped to meet the country’s future needs for housing and potentially include venues for leisure and recreation, it added. Jockeys sprint at Kranji Racecourse on May 25, 2019 in Singapore. Lo Chun Kit/Getty ImagesDespite its long history, horse racing in the city state has seen a decline in viewership over the past decade, the club added.
Persons: Chiang Meng, ” Niam, Lo Chun Kit, Queen Elizabeth II Organizations: Hong Kong CNN, Singapore Turf, 100th Grand Singapore, Ministry of Finance, Ministry of National Development, , Singapore Turf Club, Racecourse Locations: Hong Kong, Singapore, Kranji, New York City
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