In partnership with
At a Glance
Year of the Fire Horse – Why 2026 is the perfect moment to look at Hong Kong, HKJC and the business of sport.
What the HKJC Actually Is – A not‑for‑profit betting monopoly that turns huge betting volumes into revenue, tax and community funding.
Tax and Charity Muscle – Circa HK$39.1 billion back to society, including HK$28.8 billion in duty and billions in donations.
Happy Valley and Sha Tin – Night racing in a concrete jungle, world‑class turf at Sha Tin and a racecourse plan built around fan experience.
World Pool and Global Reach – Hong Kong as the hub where betting on the world’s best races is pooled, priced and distributed globally.
Conghua and Mainland China – World‑class racing over the border with no on‑site betting, fitting within China’s strict gambling framework.
Beyond Horses: Sport Funding – Billions into football, community facilities, the Believe & Bounce basketball programme and JC Fit City.
Workforce and Scale – Tens of thousands of staff, in‑house training and annual revenue that dwarfs even the biggest US and European clubs.
Why It Matters for Investors – A vertically integrated sports and betting model that combines commercial scale with genuine social impact.
Happy Chinese New Year: And What a Year It Promises to Be
Today, marks the start of the Year of the Fire Horse, the first since 1966. A zodiac year that symbolises energy, freedom, momentum and bold action. For someone who writes about the business of sport every single day, there’s no better way to kick off this piece than by talking about what’s happening right here on my doorstep in Hong Kong, and one of the most extraordinary institutions in world sport that most of my readers have probably never heard of.
I want to talk about the Hong Kong Jockey Club. The races. The money. The infrastructure. And what this organisation tells us about the untapped power of sport as an economic and social engine.
In Partnership With Elite Trade Club:
The headlines that actually moves markets
Tired of missing the trades that actually move markets?
Every weekday, you’ll get a 5-minute Elite Trade Club newsletter covering the top stories, market-moving headlines, and the hottest stocks — delivered before the opening bell.
Whether you’re a casual trader or a serious investor, it’s everything you need to know before making your next move.
Join 200K+ traders who read our 5-minute premarket report to see which stocks are setting up for the day, what news is breaking, and where the smart money’s moving.
By joining, you’ll receive Elite Trade Club emails and select partner insights. See Privacy Policy.