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HKJC Contributes HKD39.3B to Society in Previous FY; Total Betting Turnover Hit Record High of HKD331.7B
2026-09-03 11:54:50 The Hong Kong Jockey Club (HKJC) held its Annual General Meeting (AGM) yesterday (2 September), following which it announced its results for the financial year ended 30 June 2026 (FY2025/26). Overall, the Club achieved record wagering and lottery turnover of HK$331.7 billion during FY2025/26. This generated HK$29.3 billion in betting duty and profits tax, with the Club accounting for 6.4% of total taxes collected by the Inland Revenue Department in the 2025/26 assessment year. In addition, the Club contributed HK$1.4 billion to the Lotteries Fund, while the Club’s Charities Trust approved HK$8.6 billion in donations. Altogether the Club contributed HK$39.3 billion to the community in FY2025/26. Total racing wagering turnover for FY2025/26 rose 3.6% year-on-year to HK$143.3 billion, generating gaming revenue of HK$19.9 billion. Commingling was the major driver, with wagering on Hong Kong racing from 26 countries and jurisdictions up 9% on last year to HK$34.3 billion and accounting for 23.9% of total racing wagering turnover. In addition, thanks to support for additional simulcasts by the HKSAR Government, simulcast turnover was up 21.4%, while the World Pool, which is transforming Hong Kong into a global centre for wagering on the world’s top races, saw turnover rise 23%. ~ AASTOCKS Financial News Website: www.aastocks.com | |