{"id":777013494,"date":"2024-02-27T08:29:47","date_gmt":"2024-02-27T11:29:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013494"},"modified":"2026-04-22T12:37:20","modified_gmt":"2026-04-22T15:37:20","slug":"hkjc-proposes-gambling-expansion-to-tackle-illegal-betting","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hkjc-proposes-gambling-expansion-to-tackle-illegal-betting","title":{"rendered":"HKJC proposes gambling expansion to tackle illegal betting"},"content":{"rendered":"\n<p>The Hong Kong Jockey Club is urging the government to approve new gambling options.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Hong Kong.-\u00a0<strong>The Hong Kong Jockey Club (HKJC)<\/strong>\u00a0has put forward a proposal to the SAR government, advocating for an expansion of its betting operations. It aims to improve its <strong>competitiveness\u00a0<\/strong>by introducing new gambling options and divert demand from illicit off-course betting.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/hong-kong-4-charged-for-alleged-match-fixing\" rel=\"noreferrer noopener\">Hong Kong: 4 charged for alleged match-fixing<\/a><\/p>\n\n\n\n<p>It said illegal bookmakers were taking over HK$15bn annually, offering a range of betting options beyond traditional football betting, including basketball and tennis. <\/p>\n\n\n\n<p>The Democratic Alliance for the Betterment and Progress of Hong Kong has voiced support for the initiative, advocating for the inclusion of basketball betting. It argued that diversifying the HKJC&#8217;s betting portfolio would facilitate regulation and contribute to increased betting tax revenue for the government.\u00a0<\/p>\n\n\n\n<p>The Home and Youth Affairs Bureau said that if there is sustained public demand and sufficient societal support, authorities will consider expanding legal gambling options.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/hkjc-world-pool-turnover-hits-record-us946-6m\" rel=\"noreferrer noopener\">HKJC World Pool turnover hits record US$946.6m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong Jockey Club is urging the government to approve new gambling options.<\/p>\n","protected":false},"author":176,"featured_media":20685,"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) has proposed to the SAR government an expansion of its legal betting options, including basketball and tennis, to enhance competitiveness against illicit off-course betting operations. This initiative aims to divert an estimated HK$15bn annually from illegal bookmakers, facilitate regulatory oversight, and increase betting tax revenue for the government. The proposal is under consideration, pending public demand and societal support.","focusai_entities":"Hong Kong Jockey Club, Democratic Alliance for the Betterment and Progress of Hong Kong, Home and Youth Affairs Bureau","focusai_location":"Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.8), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR","query":"What is the projected incremental GGR and NGR for the Hong Kong Jockey Club if new betting verticals like basketball and tennis are approved?"},{"label":"Regulatory Framework Changes","query":"What specific amendments to the existing regulatory and licensing frameworks would be required to accommodate the proposed expansion of betting options?"}],"footnotes":""},"categories":[157,16338],"tags":[22317],"class_list":["post-777013494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-hong-kong-jockey-club"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013494","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=777013494"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013494\/revisions"}],"predecessor-version":[{"id":777013505,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013494\/revisions\/777013505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20685"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}