• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 10 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Macau horse owners send open letter to government requesting compensation for losses due to MJC closure

Pierce Chan by Pierce Chan
Thu 29 Feb 2024 at 19:01
Macau horse owners send open letter to government requesting compensation for losses due to MJC closure
5
SHARES
125
VIEWS
Print Friendly, PDF & Email

According to sources, horse owners of the Macau Jockey Club (MJC) have sent an open letter to the Macau SAR Government and the Chief Executive of the Macau SAR, Ho Iat Seng, requesting the MJC compensate them for their losses.

The government announced on 15 January that it had terminated the MJC’s racing concession and that, upon termination this coming April, there would be no horse racing activities in the future. The MJC subsequently held a briefing session with horse owners on 26 January, but the process was far from smooth. The MJC has since promised to introduce a “horse transport subsidy providing up to HK$200,000 to owners who are willing to transport their horses overseas, or HK$30,000 to those transporting their horses to mainland China.

However, owners do not believe this is sufficient to compensate them for their losses. As such, some have started an open group and on 27 February sent an open letter to the government and the Chief Executive. In the letter, it was mentioned that the subsidy would only slightly cover the losses of the owners, who would prefer to send their horses to continue racing overseas.

The letter also mentions that the horse owners had jointly written to the Chief Operating Officer of the MJC, Ben To, the Chairman, Angela Leung On Kae, and five directors on 7 February, urging them to assess the value of each horse fairly and equitably and provide a reasonable amount of compensation.

However, on 21 February, the MJC replied to the owners that “the opinion of the Board of Directors is that no additional compensation can be made.”

The owners replied that they “certainly cannot accept the extremely far-fetched reasons for refusal, the insincere apologies and the disguised blaming of the owners for being so blind as to have invested wrongly in a loss-making business.”

The letter also accuses the MJC of having an ulterior motive to deceive the owners.

“The Jockey Club has gone so far as to continue to persuade horse owners to import horses in April and July 2023. As most of the horses to be imported are only two to three years old, they will need at least half a year’s growth and training before they can take part in the races,” the letter said.

“Therefore, some of the horses to be imported in April 2023 have not yet been able to take part in races, and even for those that can take part in races, they are still at the learning stage, resulting in horse owners having to pay HK$20,000 to HK$30,000 per month for horse maintenance in addition to the cost of purchasing the horses.”

The letter suggests that, as the MJC had suspended its competitions halfway through a racing season, it may not be able to co-organize equestrian events at the 2025 National Games with Guangdong and Hong Kong, as previously planned, which would be detrimental to the revenue of Macau’s tourism industry.

A press conference is due to be held by the owners this Saturday.

RelatedPosts

Large-scale events center at Wynn Palace part of US$750 million worth of Macau project investments planned by Wynn through end-2026

Large-scale events center at Wynn Palace part of US$750 million worth of Macau project investments planned by Wynn through end-2026

Fri 8 Aug 2025 at 05:54
Filipino maintenance worker passes away in Wynn Palace work-related accident

Low VIP hold hurts Wynn Macau’s 2Q25 results as operating revenues hit US$883 million

Fri 8 Aug 2025 at 05:17
MGM China lives up to new 50% dividend payout policy as total 1H25 interim dividend payout declared at US$152 million

MGM China lives up to new 50% dividend payout policy as total 1H25 interim dividend payout declared at US$152 million

Fri 8 Aug 2025 at 04:59
MGTO to launch 10-day market in Macau’s NAPE to help area transform ahead of pending satellite casino closures

MGTO to launch 10-day market in Macau’s NAPE to help area transform ahead of pending satellite casino closures

Tue 5 Aug 2025 at 14:59
Load More
Tags: Compensationhorse racingMacauMacau Jockey Club
Share2Share
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Responsible Gambling Council joins Judging Panel for inaugural RTG Global Awards in Sydney

Responsible Gambling Council joins Judging Panel for inaugural RTG Global Awards in Sydney

by Newsdesk
Sun 10 Aug 2025 at 13:01

Leading gaming law and regulation conference Regulating the Game has announced the appointment of Tracy Parker, Senior Vice-President, Accreditation, Advisory and Insights at the Responsible Gambling Council (RGC), to the judging panel for the inaugural RTG Global Awards. Parker will...

Improved Okada Manila performance not enough to push Japan’s Universal Entertainment Corp back to profit in 2021

Japan’s Universal falls to US$69 million loss in 1H25 on Okada Manila underperformance

by Ben Blaschke
Sun 10 Aug 2025 at 12:56

Japan’s Universal Entertainment Corp cited the underperformance of both gaming and non-gaming segments at its Philippine integrated resort Okada Manila after seeing 1.2% decline in net sales in 1H25 to JPY62.2 billion (US$421 million) and suffering a net loss for...

Ministry says foreign workers comprised majority of 2,000 laid-off RWS workers

JP Morgan highlights “strikingly large” gap between Singapore’s two IRs as Resorts World Sentosa falls to all-time low market share

by Ben Blaschke
Sat 9 Aug 2025 at 10:04

Investment bank JP Morgan on Friday whacked Singapore’s Resorts World Sentosa (RWS) for what it described as a “strikingly large” gap in market share and profit share in the three months to 30 June 2025. It also noted that the...

Licensed online operators respond to regulatory push by forming PlaySafe Alliance of the Philippines

Licensed online operators respond to regulatory push by forming PlaySafe Alliance of the Philippines

by Newsdesk
Sat 9 Aug 2025 at 10:01

A group of 19 licensed online gaming operators in the Philippines have come together to form the PlaySafe Alliance of the Philippines – a unified industry association they say is committed to responsible gaming, regulatory compliance, consumer protection and combatting...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English