Print this page <<Page - 10>>
 

Betting Duty Income

Hong Kong's Best Bet

To many foreign and local horse racing supporters, there is still nothing to beat horse racing in Hong Kong. For the race-goers, Hong Kong is a Garden of Eden in terms of comfort and convenience of betting, but there are potential threats to the territory and its government. The fall in attendance and betting turnover results in a large part from the illegal and offshore wagering, which pay higher dividends to punters than the Hong Kong Jockey Club does.

   
Combating Illegal
Wagering

The advancement of technology for online gambling and the revival of offshore wagering not only have impact for societies but also significantly reduce government income. The Hong Kong government is depending heavily on a limited source of betting income, so needs to find appropriate ways to combat the online gambling and offshore wagering and secure the income for the Jockey Club and in turn for itself.

 
Copyright © intelligentpolicy.com. All rights reserved.