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HKJC full year turnover nears HK$305 billion despite racing decline

5th September 2024 10:13 am GMT

The Hong Kong Jockey Club (HKJC) has posted a marginal increase in turnover to HK$304.9 billion (€35.3 billion) for its financial year ended 30 June 2024, generating a record HK$40.1 billion for the Hong Kong government.

The operator said that it faced significant external challenges during the year, including the difficult macro-economic environment, the increasing threat of illegal gambling and rising competition from Macau casinos.

Overall racing wagering turnover for the season was down 4.5 per cent [...]

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