
Hong Kong's Legalization of Basketball Betting is Imminent: A Dual Consideration of Combating Illegal Gambling and Increasing Fiscal Revenue
The Hong Kong Special Administrative Region government is actively promoting the legalization of basketball betting to address the increasingly rampant illegal gambling market. According to official data, the amount of illegal basketball betting in 2024 is expected to reach between 70 billion and 90

The Hong Kong Jockey Club appoints Sarena Lin as Chief Transformation Officer to drive comprehensive organizational change.
The Hong Kong Jockey Club announced the appointment of Sarena Lin as the Chief Transformation Officer (CTO) and a member of the management committee, reporting directly to CEO Winfried Engelbrecht-Bresges.This is a newly established position at the Jockey Club. Sarena Lin will lead the Transformatio
Hong Kong plans to legislate the opening of basketball betting: to combat illegal gambling, not to increase taxes.
The Hong Kong SAR government recently announced that it is advancing legislation to introduce legal, regulated basketball betting, aimed at curbing the spread of underground gambling activities, rather than increasing public revenue.According to the Hong Kong Economic Times, the Director of Civil Af

Hong Kong's gambling addiction soars! How to optimize the "sustainable harvesting" model based on the trend of gambling addiction in Hong Kong?

High-risk alert! Scam syndicates earn 120 million in illicit money annually! The gambling industry becomes a "money laundering springboard" with soaring risks!

Hong Kong plans to legislate the opening of basketball betting: it will tax similarly to football and enhance anti-gambling education for teenagers.
The Hong Kong Special Administrative Region Government recently published the "2025 Gambling Tax (Amendment) Bill" in the Gazette, proposing to officially include basketball betting within the legal framework. This amendment aims to curb illegal gambling activities, regulate market operations, and e

Hong Kong Jockey Club Bets on Globalization! Decoding the Wealth Code of Gambling Operators Behind Hong Kong Horse Racing

The legalization of basketball betting is a done deal, and the Hong Kong Jockey Club may become the new license holder!

94% overwhelming support! Legalization of basketball betting in Hong Kong is imperative!

Hong Kong plans to open basketball betting, competing for taxes with "Southeast Asian underground bookmakers"!
Small bets for pleasure, big bets for financial loss? The Hong Kong government is pushing a key "upgrade" in the gambling industry—the legalization of basketball betting, not only to challenge the underground kingdom of illegal betting on basketball but also to snatch gold from the jaws of Southeas

The Hong Kong government plans to introduce basketball betting, operated by the Jockey Club, Mak Mei-kuen: does not encourage gambling, sets limits to prevent addiction.
The Hong Kong government plans to revise the "Gambling Tax Ordinance" by introducing a basketball betting regulatory framework, proposing to levy a 50% tax on net betting amounts, and suggesting that the Hong Kong Jockey Club be granted the sole license to organize it. The Secretary for Home Affairs
Hong Kong Government Plans to Promote Basketball Betting: 94% of Citizens Support, Suggests Levying 50% Gambling Tax
The Hong Kong government recently completed a public consultation on the legalization of basketball betting, with results showing that over ninety percent (94%) of respondents support the establishment of basketball betting and suggest that 50% of the net betting amount be used as the gambling tax r

Take the lead! Hong Kong may legalize basketball betting in the next NBA season!

Government accelerates amendment! Countdown to legalization of basketball betting in Hong Kong

Hong Kong Basketball Betting to Open in 2026! Hong Kong Plans to Introduce Legal Basketball Betting!

Illegal gambling rakes in 90 billion Hong Kong dollars annually! Basketball betting sparks fierce debate in Hong Kong.
The Hong Kong SAR Government is accelerating the legalization process of basketball betting. If implemented, this would be another major adjustment to Hong Kong's gambling policy since the legalization of football betting in 2003.In February this year, the Financial Secretary, Paul Chan, first ment