By SectorWire desk ·
Hong Kong Jockey Club warned that high betting duties and restricted legal betting choices contribute to illegal market growth. The report also said HKJC achieved record turnover in FY26.
HKJC links illegal market growth to high betting duties and restricted legal choices despite record FY26 turnover.
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HKJC recorded turnover growth across racing, football betting and its Mark Six lottery, extending the increase across all three activities.
UK Tote’s leadership transition retains outgoing chief executive Alex Frost as an executive director before a non-executive role.
Hong Kong Jockey Club gains banking digital platform experience as it increases technology investment.
Slower growth in community contributions and an expected decline in operating surplus show the financial pressures accompanying the Club’s record turnover.
James Coxon will lead UK Tote Group as Alex Frost departs after nearly 10 years at the operator.