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Hong Kong races to record turnover

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Turnover for the curtain-raising 10-race card at Sha Tin on Sunday was a record-high HK$1.376 billion (£134.2 million), an increase of 6.83% from 2019 and a record for a season-opening fixture.

That comes despite the Hong Kong Jockey Club continuing to exercise strict measures on racecourse attendance, where only owners, trainers, media and officials can attend, due to the COVID-19 pandemic.

Commingling, which accounts for money bet overseas into the Hong Kong pools, was also up year-on-year to HK$247 million (£24.1 million), an increase of 18%.

 

Mr. Winfried Engelbrecht-Bresges, Chief Executive Officer at the Hong Kong Jockey Club, said: “We had probably the best start we could hope for into the new season, amazing results. We were able to increase the turnover despite the fact that we had to close our OCBB’s for race day.

“Commingling was HK$247 million, an increase of 18%, so from this aspect turnover wise, we are more than delighted. I can only say for all of our team members, to get this season on the road was a lot of hard work, a lot of planning and a lot of things behind the scenes.

“I want to congratulate all of our teams as the hard work from everyone has paid off.  We had a good start to the season which is always very important and we look forward to the way that racing continues, so that we can continue to make contributions to the community.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Hong Kong races to record turnover

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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