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The Hong Kong Jockey Club breaks opening day turnover record … again

Newsdesk by Newsdesk
Mon 6 Sep 2021 at 05:21
The Hong Kong Jockey Club breaks opening day turnover record … again
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The Hong Kong Jockey Club smashed all previous records on Sunday, recording the highest opening day turnover in its history with total betting reaching HK$1.44 billion (US$185 million) – 4.3% higher than the previous record set 12 months ago.

A year after just 362 people attended at Sha Tin due to COVID-19 restrictions, the crowds were back this time around with 16,356 at Sha Tin and 1,207 at Happy Valley for an overall attendance of 17,563.

Turnover of HK$1.44 billion exceeded the HK$1.38 billion (US$178 million) in turnover recorded 2019/2020 which had itself been 6.8% higher than the previous record set in the 2017/2018 season.

Hong Kong Chief Executive Carrie Lam officially opens the racing season by striking the ceremonial gong.

“I personally think it was the best start we could have hoped for,” said The HKJC CEO Winfried Engelbrecht-Bresges.

“It was a wonderful atmosphere to have our customers back on track. They saw tremendous performances from the sporting side.

“On the business side, turnover is a record – the highest turnover for the start of the season – beating HK$1.376 billion last year. I personally think it is a tremendous start to the season.”

“I am very optimistic going forward. We could not have hoped for a better start from the sporting point of view and the business point of view.

“Going forward, I look forward to Hong Kong racing going from strength to strength.”

The impressive start to the season comes just days after The HKJC reported record turnover for the 2020/21 season, rising 27.9% year-on-year to HK$279.70 billion (US$36.0 billion) including a 12.5% rise in racing turnover to HK$136.1 billion (US$17.5 billion).

Hong Kong Chief Executive Carrie Lam and HKJC Chairman Philip Chen.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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