{"id":777022252,"date":"2025-01-22T10:03:48","date_gmt":"2025-01-22T13:03:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777022252"},"modified":"2026-04-22T02:32:05","modified_gmt":"2026-04-22T05:32:05","slug":"hkjc-announces-record-prizes-to-celebrate-chinese-new-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hkjc-announces-record-prizes-to-celebrate-chinese-new-year","title":{"rendered":"HKJC announces record prizes to celebrate Chinese New Year"},"content":{"rendered":"\n

The Hong Kong Jockey Club will offer HK$228m (US$29.29m) in prizes, including the largest-ever Chinese New Year Snowball draw.<\/p>\n\n\n\n\n\n\n\n

Hong Kong.- The Hong Kong Jockey Club (HKJC)<\/strong> has announced a prize fund of HK$228m (US$29.29m) in prizes<\/strong> for February to celebrate the Chinese New Year.<\/p>\n\n\n\n

On Chinese New Year Raceday, scheduled for January 31, the HKJC will be offering HK$20.8m (US$2.67m) in prize money. The projected payout for a single HK$10 winning ticket is estimated to reach HK$18m. An additional HK$2.8m will be allocated to the Quartet & First 4 Merged Pool,<\/p>\n\n\n\n

The HKJC also plans to improve prizes for the remaining seven local race meetings from February 5 to 26.<\/p>\n\n\n\n

Record Chinese New Year snowball<\/h2>\n\n\n\n

The Mark Six Chinese New Year Snowball draw<\/strong> will take place on February 2, featuring a snowball amount of HK$150m (US$19.27m). The First Division Prize Fund is estimated to reach a record HK$188m (US$24.15m) for a single HK$10 winning unit.<\/p>\n\n\n\n

All betting pools for the Chinese New Year Raceday will open at noon on January 30. Tickets for the Chinese New Year snowball draw will be available from January 25.<\/p>\n\n\n\n

In the 2023\/24 financial year<\/a>, the HKJC contributed a record HK$40.1bn (US$5.16bn) to the community: HK$29.9bn (US$3.84bn) in betting duty, profits tax and Lotteries Fund contributions and HK$10.2bn (US$1.31bn) in approved charity donations.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong Jockey Club will offer HK$228m (US$29.29m) in prizes, including the largest-ever Chinese New Year Snowball draw.<\/p>\n","protected":false},"author":176,"featured_media":777014930,"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 announced a HK$228m (US$29.29m) prize fund for its Chinese New Year celebrations, including a record HK$150m Snowball draw. This initiative follows the HKJC's significant HK$40.1bn (US$5.16bn) contribution to the community in the 2023\/24 financial year, primarily through betting duty and charity donations.","focusai_entities":"The Hong Kong Jockey Club, HKJC","focusai_location":"Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (0.9), marketing_crm (0.9), investor_analyst (0.8), gambler_consumer (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Uplift Projection","query":"What is the projected GGR uplift for the Hong Kong Jockey Club during the Chinese New Year period, specifically attributable to these enhanced prize pools and increased betting activity?"},{"label":"Regulatory Framework Alignment","query":"How does the scale of these prize offerings and the associated community contributions reinforce the Hong Kong Jockey Club's social license to operate within its existing regulatory and governance frameworks?"}],"footnotes":""},"categories":[157,16338],"tags":[22317],"class_list":["post-777022252","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\/777022252","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=777022252"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022252\/revisions"}],"predecessor-version":[{"id":777022256,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022252\/revisions\/777022256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777014930"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777022252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777022252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777022252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}