GOLD Circle has announced that the stakes for minor races will be increased by 8% in KwaZulu-Natal as from Tuesday, 24 April 2012.

Speaking at a luncheon to launch Champions Season at Greyville on Thursday, Gold Circle’s Chairman, Robert Mauvis, said that he was very pleased that the Company was now in a position to offer increased stakes.

He also announced that the fifth place stake that was done away with when the company was forced to reduce stakes, will be re-introduced at the same time.