SectorWire
SearchRegister
MenuClose

Hong Kong government consults on legalising basketball betting

Regulation

Hong Kong’s government opened a public consultation on 2 April 2025 on a proposal to allow basketball betting, reportedly following a proposal from the Hong Kong Jockey Club and recommendations from the Betting and Lotteries Commission. The proposed rules would restrict eligible bets and competitions, prohibit wagers on Hong Kong teams and local matches, and bar underage betting and credit use. The government cited estimated unlicensed basketball betting volume of HK$70bn to HK$90bn in 2024.

Operators and the Hong Kong Jockey Club could face new licensing conditions if basketball betting is authorised.

Request a correction

Flag an issue

Keep reading

Regulation

Hong Kong bureau suspends plans to regulate basketball betting

Hong Kong’s Home and Youth Affairs Bureau suspended plans to regulate basketball betting, which had been scheduled to launch in September 2026. The bureau said it would study emerging models and platforms more closely amid concerns about prediction markets; the proposed market had been intended to operate under the Hong Kong Jockey Club.

Continue reading