Having announced its new company Chairman Simon Ip, Hong Kong Jockey Club (HKJC) the city’s only racing operator, reported that racing revenues were up 10% from 2013 results. HKJC recorded a horse racing turnover of HK$103.9 billion (£8.2 billion), accounting for 55 percent of company revenues for the business (year ending June 2014). Tax contributions surged 11 percent to HK$19.6 …
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