Hong Kong lawmaker opposes proposed legal basketball betting
Hong Kong lawmaker Tik Chi-yuen urged the government to drop its proposal to legalise betting on professional basketball, arguing it would not displace illegal gambling. The Betting Duty (Amendment) Bill 2025 would make the Hong Kong Jockey Club the sole licensed operator and proposes a 50% tax rate on net stake receipts.
The proposal would create a new regulated betting market and designate the Jockey Club as its sole licensed operator.