The Hong Kong Jockey Club (HKJC) has reported record financial results for the 2025/26 fiscal year despite operating “in a most challenging and fast-changing environment”, contributing HK$39.3 billion ($5.01 billion) to the community.
Total wagering and lottery turnover during the year reached a record HK$331.7 billion, up 3.6 percent year-on-year, according to data announced at the HKJC annual general meeting on Wednesday.
Racing turnover rose 3.6 percent to HK$143.3 billion, supported by commingling from 26 countries.
Football betting turnover also grew 3.6 percent to HK$179 billion, while Mark Six turnover increased 4.2 percent to HK$9.4 billion. Overall gaming and non-gaming revenue rose 3.1 percent to HK$50.8 billion, the data showed.
The club’s contributions to the community included HK$29.3 billion in betting duty and profits tax, HK$1.4 billion to the Lotteries Fund, and HK$8.6 billion in approved donations from its Charities Trust.
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Racing tourism hit record levels, with 401,259 tourist visits to racecourses—up 105 percent from last year and a four-fold increase from 2023/24, the club said, attributing the growth to collaboration with China Travel Group and the Hong Kong Tourism Board’s mega events strategy.
Highlighting the strength of the club’s racing and its commitment to improving society, HKJC Chairman Martin Liao said, “The unprecedented success of our horses cemented Hong Kong’s position as one of the global leaders in horse racing, while also attracting record numbers of tourists to our racecourses.”
Despite the “ever-expanding threat of illegal gambling,” HKJC said it maintained its support for the community and for charities.
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Looking ahead, the club cited challenges including illegal gambling, the annual HK$2.4 billion Special Football Betting Duty, and the government’s pause on a basketball betting license.
The HKJC said it is reducing operating costs and pursuing new non-wagering revenue sources by building on its strong brand recognition.
