{"id":27029,"date":"2022-02-07T10:17:52","date_gmt":"2022-02-07T13:17:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27029"},"modified":"2026-04-23T11:33:31","modified_gmt":"2026-04-23T14:33:31","slug":"hk-jockey-club-posts-record-us238m-in-bets-during-the-chinese-new-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hk-jockey-club-posts-record-us238m-in-bets-during-the-chinese-new-year","title":{"rendered":"HK Jockey Club posts record US$238m in bets during the Chinese New Year"},"content":{"rendered":"\n<p>The Hong Kong Jockey Club&#8217;s revenue grew 1 per cent when compared to last year, with a total of 11 races.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Hong Kong.- Despite Covid-19 restrictions, the Hong Kong Jockey Club (HKJC) has set a new turnover record for its Chinese New Year races, taking HK$1.86bn (US$238m) worth of bets. Turnover was up about 1 per cent from HK$1.84bn in 2021. There were 11 race in 2021, up from 10 in 2020.<\/p>\n\n\n\n<p>Last September,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/hj-jockey-club-posts-record-betting-turnover-for-2020-21-season\" target=\"_blank\">the HKJC<\/a>\u00a0had posted<strong>\u00a0a turnover of HK$279.7bn (US$35.9bn)<\/strong>\u00a0in its financial results for the 2020\/21 season. The Jockey Club then reported a record opening day turnover with HK$1.44bn (US$185m) in total betting. This was 4.3 per cent higher than the record set a year ago.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/hk-jockey-club-annual-revenue-down-11-6-per-cent\" rel=\"noreferrer noopener\">The club<\/a>&nbsp;had previously posted an 11.6 per cent drop in revenue in its financial results for the 2019\/2020 fiscal year. Total revenue amounted to HK$218.7bn (US$28.2bn).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong Jockey Club&#8217;s revenue grew 1 per cent when compared to last year, with a total of 11 races.<\/p>\n","protected":false},"author":176,"featured_media":14228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Hong Kong Jockey Club (HKJC) achieved a new turnover record of HK$1.86bn (US$238m) for its Chinese New Year races, marking a 1% increase year-on-year despite ongoing COVID-19 restrictions. This performance follows a robust 2020\/21 season with a total turnover of HK$279.7bn (US$35.9bn) and a record opening day, demonstrating resilience in the pari-mutuel racing vertical. The figures indicate a recovery from an 11.6% revenue drop in the 2019\/2020 fiscal year.","focusai_entities":"Hong Kong Jockey Club, HKJC","focusai_location":"Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"HKJC Growth Drivers","query":"What specific operational adjustments or digital engagement strategies did the Hong Kong Jockey Club implement to achieve record betting handle amidst persistent COVID-19 restrictions?"},{"label":"Market Resilience Analysis","query":"How does the HKJC's sustained turnover growth in the pari-mutuel racing vertical compare to other regulated iGaming markets globally, particularly those facing similar pandemic-related constraints?"}],"footnotes":""},"categories":[157,16338],"tags":[22317,233],"class_list":["post-27029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-hong-kong-jockey-club","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27029"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27029\/revisions"}],"predecessor-version":[{"id":27045,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27029\/revisions\/27045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14228"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}