Jockey Club wins football betting rights
SCMP, November 27, 2002
By Jimmy Cheung
HONG KONG people will be able to gamble legally on football matches starting next summer after a historic government decision yesterday to grant an exclusive footballing franchise to the Jockey Club.
The controversial move - a last-ditch bid to combat rampant illegal bookmaking - means Hong Kong will join Macau in a soccer betting beach-head next to the mainland, where such gambling remains strictly limited.
Local critics warned that the move would induce more people to bet, and questioned if the additional tax benefits would outweigh resulting social problems.
Announcing the decision yesterday, Secretary for Home Affairs Patrick Ho Chi-ping stressed football gambling was already prevalent in the illegal market.
He said authorisation was the way to tackle the problem.