Hong Kong police have arrested almost 60 people in a crackdown on illegal online gambling websites that have taken $58.9 million in bets on football, horse racing, and card games since the start of 2024.

Illegal horse racing betting exchange Citibet has significantly expanded its potential market through technological advancements, enabling its presence on thousands of third-party illegal betting websites worldwide and exacerbating corruption and money laundering risks, a report by the Asian Racing Federation Council (ARF) shows.

The Chief Executive of the Hong Kong Jockey Club, Winfried Engelbrecht-Bresges, has expressed openness to catering to NBA betting if permitted by authorities, contingent upon governmental decisions.

The Hong Kong Jockey Club (HKJC) has proposed to the SAR government that it should be allowed to introduce new betting options in its operations to counteract the rise of illegal bookmakers.

The greatest threat to sports integrity persists from unregulated betting operators, especially in Asia, the International Betting Integrity Association (IBIA) says in a recent report.

Higher sports betting taxes lead to increased prices for gamers and ‘inevitably’ drive gamblers to illegal betting markets with better odds but fewer customer safeguards, the most recent Asian Racing Federation (ARF) report states

China, Indonesia, Malaysia, the Philippines, and Thailand are currently the largest illegal betting markets in Asia, and all of them have "limited or ineffective legal betting markets that cannot compete with the illegal market", the Chairman of the Council on anti-illegal betting & related financial crime for the Asian Racing Federation (ARF), Martin Purbrick, told AGB in an interview.

Chinese play has always been the lifeblood of Asian gaming, but a recent report by the Asian Racing Federation has highlighted exactly how extensive the tentacles reach. Throughout Southeast Asia, the Philippines, Cambodia, Myanmar and Laos have leveraged nearly half of worldwide illegal betting turnover, despite authorities' attempts.

Sportradar has been selected as the official technology and services solution provider by the Taiwan Sports Lottery, following an international tender process. Based on the breadth of services included, the structure and longevity of the industry-first agreement, Sportradar is set to transform the sports betting experience in Taiwan as part of the consortium that will operate the Taiwan Sports Lottery from 2024 through 2033.

The Hong Kong Jockey Club (HKJC) has recorded a record turnover of HK$304.8 billion ($38.87 billion) for the financial year ended June 30th, with horse racing contributing HK$140.4 billion ($13.31 billion) and football betting turnover totaling HK$156.9 billion ($20 billion).