The Hong Kong Jockey Club (HKJC) reported a total turnover of HK$134.7 billion ($17.3 billion) for the 2023/24 Season, slightly down 4.5 percent from HK$141.1 billion ($18.1 billion) in the previous year.
In addition, the Hong Kong Jockey Club saw an 8.7 percent increase in overall turnover from simulcasting (including World Pool commingling) for the 2023/’24 season, reaching HK$12.8 billion. The results offset the total wagering decline.
Throughout the year, the club hosted 88 local race meetings, including seven twilight sessions, staging a total of 831 races. Additionally, 368 overseas races were simulcast during the season, according to the Jockey Club.
The club’s Chief Executive Officer Winfried Engelbrecht-Bresges described the overall season racing turnover as “satisfactory” amid a challenging economic situation.
“While the club will continue to grow and expand its overseas customer base, the decline in local racing wagering turnover underlines that it must constantly engage and reengage with Hong Kong racing fans,” Engelbrecht-Bresges emphasized.
