HKJC prospers amidst challenges

It may have been a difficult year in Hong Kong due to political tumult and the Covid-19 pandemic, but the Hong Kong Jockey Club still managed to record its third-highest turnover ever during its 2019-2020 season.

The HKJC recorded HK$121.6 billion (US$15.8 billion) in betting turnover through 87 local meetings and the simulcast of 164 overseas races.

While local betting turnover was down 8.3 percent, overseas turnover rose 25.3 percent to reach HK$23.5 billion.

The HKJC achieved these results by locking out fans from Happy Valley since late January and creating a “bubble” to protect jockeys and other key staff from Covid-19 infection.