In modernising horse racing and broadening its appeal, the club must also step up efforts to protect the young and support problem gamblers
There was a 5 per cent increase in turnover to more than HK$320 billion, with a record HK$28.8 billion paid in betting duty and profits tax. The club’s Charities Trust approved HK$9 billion in donations. It was a strong performance.
The new features, part of a HK$14 billion racecourse revitalisation plan, will play a key role in modernising the sport and broadening its appeal. But for all the new attractions, the priority is to maintain the highest standards of horse racing, for which the club is renowned.
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