Hong Kong’s racing authority has warned of triad-linked offshore Asian bookmakers taking a growing share of revenue from the Australian industry, local media reports. A submission by the Hong Kong Jockey Club to Barry O’Farrell’s review of the online gambling industry, which has not been made public, “Illegal Betting Markets and Links with Organised Crime” […]
The Hong Kong Jockey Club said it formed a strategic accord with the Chinese Equestrian Association to develop horse racing as a sport in mainland China. At a press conference in Beijing, the two associations said the highlight will be the final leg of the China Horse Racing Grand Prix, known as the Hong Kong […]
The Hong Kong Jockey Club has major organizational changes and new leadership appointments in its Racing Division to support the future growth plans. With effect from 1 August 2015, the current Racing Division will be divided into the Racing Business and Operations Division and the Racing Authority Division. The club appointed Anthony B. Kelly […]
Horse racing needs to change its funding model and broaden its appeal if the industry is to thrive and meet the challenge posed by the booming sports betting market, critics say. The industry is hampered by poor marketing and over reliance on bookmakers and is failing to appeal to the younger demographic or generate a fan following.