The Hong Kong Jockey Club (HKJC) has detailed a positive end to a challenging 2022/23 financial year, reporting record turnover and a stronger contribution from football betting. Hong Kong’s government-backed betting operator reported total turnover for the 12-month period ending 30 June 2023 of HK$304.8bn (£31bn), despite local turnover from Hong Kong itself falling by 1.3%. Regarding products, racing turnover …
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HKJC confirms Michael Lee as new Chairman
The board of the Hong Kong Jockey Club (HKJC) will be led by the new governance duo of Michael Lee as Chairman alongside Eric Li Ka Cheung serving as Deputy Chairman. The appointment follows the restructuring of HKJC Board of Stewards, which saw members elect Lee as new Chairman to lead the corporate oversight of Hong Kong’s monopoly operator for …
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