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HKJC records highest day of betting turnover since 1997

Ben Blaschke by Ben Blaschke
Wed 25 Jan 2023 at 04:41
HKJC records highest day of betting turnover since 1997
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The Hong Kong Jockey Club (HKJC) recorded the highest day of betting turnover since 1997 on Tuesday, with punters celebrating Chinese New Year by wagering HK$2.06 billion (US$263 million) at Sha Tin.

Not since 15 June 1997, when the last HKJC race meeting before the territory’s handover back to China generated turnover of HK$2.54 billion (US$324 million), has there been such activity with Tuesday’s tally comfortable exceeding the HK$1.86 billion (US$238 million) bet last year.

Attendance of 84,394 was also the highest attendance since the implementation of COVID restrictions in early 2020.

According to HKJC CEO Winfried Engelbrecht-Bresges, the result included a 9.4% increase in turnover from punters in Hong Kong, while international turnover also grew year-on-year.

“We are absolutely delighted with today’s race meeting,” Engelbrecht-Bresges said.

“The atmosphere was really fantastic and it brought back what we always felt – that Lunar New Year is a very special race meeting.

“We could not have dreamed of such a result, so we are extremely satisfied.”

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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