The week-long Hong Kong Tennis Open in September 2014 will be played in Victoria Park, the city's major downtown green space, and there are hopes of attracting the international stars of women's tennis.
Allaster, chairman and CEO of the Women's Tennis Association, said female competitors would be quite happy to play for as long as the men if asked by the Grand Slam tournaments.
Another inductee was Australian legend Long, who is now 94 years old and won a total of 19 Grand Slam titles between the 1930s and 1950s. Hall of Famer Rod Laver accepted Long's award on her behalf.
Williams did not commit a double fault but took full advantage of 12 by Camila Giorgi to win 6-2, 6-3 after 82 minutes in her first match since capturing the WTA Miami crown last Saturday by beating Maria Sharapova in the final.
The US Tennis Association (USTA) boosted the base prize money for this year's US Open by $4.1 million beyond the $4 million jump announced last December, raising the total to $33.6 million compared to $25.5 million in 2012.
Japan's Ayumi Morita edged closer to winning her first ever WTA title after reaching the semi-finals of the BMW Malaysian Open on Friday.
The 31-year-old twisted her ankle twice during her three-set loss to Victoria Azarenka in Melbourne.
The fierce-hitting 22-year-old Czech has now won eight of her 10 career titles at Premier or Grand Slam level, a statistic which says something about her capacity for delivering when it matters most.
The incidents are a setback for the WTA Roadmap's campaign to reduce the number of player withdrawals, something it appears to have done successfully over the past three years.
Some were surprised that it took Williams till now to return to the top of the rankings considering the excellence of her run in the second half of 2012. During this she won two Grand Slam titles, the Olympics, and the WTA Championships season-end title, and captured seven titles altogether.
Azarenka can reclaim the top spot in Dubai next week if she reaches the final and Serena does not.
If Serena doesn't make the last four, Australian Open champion Victoria Azarenka can keep the top spot by reaching the final.
Strycova's ban has been backdated from October 16 and all her results, prize money and ranking points since then will be wiped out. She hasn't played on the WTA Tour since then and missed the Australian Open.
American Sloane Stephens, who upset Serena Williams in the Australian Open quarterfinals, lost to Klara Zakopalova 4-6, 7-6 (5), 7-6 (5).
World number one Victoria Azarenka of Belarus has seen her lead over American Serena Williams shrink to just 55 points as the latest WTA world rankings were released on Monday.
By winning her second Grand Slam title in Melbourne last month, Azarenka displayed a new resilience and clung on to the world number one ranking ahead of Serena Williams.
Errani was hardly tested as lucky loser Kiki Bertens of the Netherlands retired injured in the first set when the Italian was leading 5-0.
Errani will play Dutchwoman Kiki Bertens in the semifinals of the indoor tournament. Former Wimbledon champion Petra Kvitova lost in quarters.