The Gambling Ordinance was enacted in 1977 to regulate gambling in Hong Kong.^[1] People are allowed gamble for leisure and entertainment within these regulations at a limited number of authorized outlets. Social gambling is still allowed.

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Legality[edit]

The government of Hong Kong restricts organized gambling to a few regulated outlets. The government enacted the Gambling Ordinance in 1977 to rein in excessive gambling while still providing gambling to the populace.^[2] Gambling involving a bookmaker is illegal in Hong Kong.^[2] Betting with a bookmaker and betting in a place other than a gambling establishment is illegal. The Hong Kong Jockey Club holds a government-granted monopoly on horse races, football matches, and lotteries. The revenue the club generates from various wagers makes it the largest taxpayer for the government.^[3]

Hong Kong generates the largest horse race gambling turnover in the world. The Hong Kong Jockey Club founded in 1884, holds a monopoly on horse racing wagers, lotteries and football betting and is the largest taxpayer to the government.^[3] In 2009, Hong Kong generated an average US$12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United States only generated $250,000.^[4]

During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time high.^[5]

Charities[edit]

Hong Kong has charities which have a goal to promoting responsible gambling practices among those who gamble and to minimizing the negative effects of problem gambling. Such charities also look for a balance between meeting the demand for gambling and maximizing the social and economic benefits of gambling for the community, while helping to minimize potential harm to individuals and the community.^[2]

Recent events[edit]

During the 2010 World Cup, police arrested 25 people for having an illegal gambling ring that took bets on World Cup matches worth more than 66 million Hong Kong dollars. Earlier in the year the Hong Kong police set up a task force to help stop illegal football gambling.^[6]

See also[edit]

References[edit]

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1. ^Deans, R. (2001). Online gambling: changes to Hong Kong's gambling legislation. Gaming Law Review., 5(6), Retrieved from http://www.liebertonline.com/doi/abs/10.1089/109218801753336166?journalCode=glrdoi:10.1089/109218801753336166
2. ^ ^abc'Responsible gambling policy'. Hong Kong Jockey Club. Retrieved 24 May 2015.
3. ^ ^abBalfour, Fredrick (22 February 2016). 'Hong Kong Horse Racing Is Serious Business'. Bloomberg.com. Retrieved 7 March 2018.
4. ^'Hong Kong's hardcore gamblers'. CNNMoney. Retrieved 7 March 2018.
5. ^Mok, Danny (1 September 2017). 'Hong Kong Jockey Club has record-breaking year'. South China Morning Post. Retrieved 7 March 2018.
6. ^Hong Kong police smash illegal world cup betting ring. (2010, June 13). Asia Pacific News, Retrieved from http://www.channelnewsasia.com/stories/afp_asiapacific/view/1062884/1/.html

External links[edit]

• The Study on Hong Kong People's Participation in Gambling Activities, Hong Kong Polytechnic University, March 2012
• Tse, Samson; Yu, Alex C.H.; Rossen, Fiona; Wang, Chong-Wen (2010). 'Examination of Chinese Gambling Problems through a Socio-Historical-Cultural Perspective'. The Scientific World Journal. 10: 1694–1704. doi:10.1100/tsw.2010.167. ISSN1537-744X. OCLC48386834. PMC5763971. PMID20842314.

Hong Kong Gambling Area

Gambling is a legal business in Hong Kong; the East Asian nation is home to 2 comprehensive casino gambling facilities that are also horseracing tracks. Hong Kong has a long standing horse racing tradition that dates back to 1884. The Hong Kong Jockey Club (HKJC) is the body tasked with promoting responsible gambling in the territory. The two horse racing tracks and casino in Hong Kong operated by the Hong Kong Jockey Club are the Happy Valley Racecourse located on 2-Sport Road in Happy Valley and the Sha Tin Racecourse located at the 60-Kwai Shing Circuit. Both the Happy Valley Racecourse and the Sha Tin Racecourse feature competitive thoroughbred racing events. The race courses are all oval shaped and the running direction is counter clockwise. In 2014, HKJC rolled out number of sports betting options designed to combat the surge of unauthorized football gambling.

Although gambling is restricted in the city, the non-profit Hong Kong Jockey Club takes bets on football matches, lotteries and horse racing events. The club also accepts Bets over the phone, online and through authorized off-track betting centers in Hong Kong. The Hong Kong Jockey Club is the single largest tax payer in Hong Kong; it is also the territory’s largest employer. Funds collected by the club are tunneled into the various community projects as well as charities to assist the less fortunate people in the society. The Hong Kong government takes up to 25% of the monies received from the lotteries such the popular weekly Mark Six draws which is conducted by HJKC Lotteries Limited. Casino brokers are not allowed in Hong Kong, illegal bettors in Hong Kong are generally liable for penalties of up to HK $30,000 and jail terms of up to 9 month.

Almost all online casinos targeted at Hong Kong players are based outside Hong Kong, these casino offer great welcoming bonuses as well as big wins to the winning draws. Private Poker clubs are allowed to operate by the authorities; however, the clubs are only open to paid-up members. The poker played in Hong Kong is also generally conducted as a form of sports betting rather than a core gambling activity. One of the largest poker houses in Hong Kong is the Hong Kong Poker House Casino located in 49 Hollywood Road on central Hong Kong. If you are looking out for a typically casino gambling venue in Hong Kong, look no further than on the growing number of cruise ships. Hong Kong is currently served by about 8 cruise ship casinos that attract hundreds of thousands of gaming enthusiasts every year.

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