Hong Kong passes basketball betting bill; Jockey Club expected to be sole operator
Offering legal channels can help satisfy demand for certain kinds of betting and prevent people from turning to illegal operators, minister says

The bill also authorises a licensed basketball operator to place bets with other gambling operators for hedging purposes.
The vote followed scrutiny by a bills committee in two sessions in July. Seventy-seven lawmakers voted in favour, two abstained and two opposed it.
Secretary for Home and Youth Affairs Alice Mak Mei-kuen told lawmakers during the Legco meeting: “Providing legal channels is a way to satisfy the public demand for certain kinds of betting and prevent them from turning to illegal operators.”
She also said that even after the regulation, authorities would strengthen enforcement and education to target all forms of illegal betting.