| |
The latest figure in 2001/02, out of the
HK$78.16 billion turnover, the Hong Kong
government received around HK$10.5
billion from the activities of the horse racing
industry. This contribution accounted for
6.2% of the GDP and 6.75% of the
government budget revenue.
The diminishing of Hong Kong Jockey Club
betting turnover could be one of the factors
affecting Hong Kong's public and charity
affairs.
|
Turnover and Horse
Betting Trend |
To observe the turnover trend of the horse
racing industry in Asia, we take into account
Asia Pacific's top 3 horse racing
jurisdictions, namely Japan, Hong Kong, and
Australia.
| Country |
Horse Racing Turnover (USD'000) |
| 96 |
97 |
98 |
99 |
00 |
01 |
| Japan |
40,210,645 |
36,151,746 |
39,224,722 |
42,033,216 |
34,739,607 |
30,303,784 |
| Hong
Kong |
11,931,863 |
11,807,071 |
10,506,978 |
10,747,022 |
10,408,426 |
10,020,384 |
| Australia |
9,234,083 |
7,415,488 |
7,117,927 |
7,571,861 |
5,741,064 |
N/A |
|