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HKJC revenues rise despite growing competitive challenges

6th September 2012 8:33 am GMT

The Hong Kong Jockey Club has reported a 10 per cent increase in total revenues to HK$28.4bn (US$3.7bn) for the year ended June 30th following growth across all three of the company’s wagering businesses.

Total amounts staked by customers rose 8 per cent to $139.0bn, with racecourse attendance reaching nearly 2m, its highest level in eight years, with average attendance up by 4 per cent.

Horse race betting accounted for 60 per cent of total amounts wagered, [...]

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