The Hong Kong Jockey Club (HKJC) has reported a 3.0% increase in total racing wagering turnover for the 2024/25 season, reaching HK$138.85 billion (US$17.7 billion), reversing the previous year’s 4.5% decline. This growth was driven by enhanced jackpot offerings, larger field sizes, increased mainland and international sports tourism, and successful globalizing efforts through commingling and international simulcasting under the World Pool Strategy. The season featured 88 race meetings, including 847 local and 393 overseas simulcast races, with commingling turnover hitting a record HK$31.76 billion (US$4.05 billion) and simulcast turnover rising 2.3% to HK$13.11 billion (US$1.67 billion). Race attendance also surged, notably with a 110% increase in mainland visitors.
HKJC credits Hong Kong Chief Executive John Lee’s Policy Address and strategic partnerships, such as with China Travel Service, for boosting racing tourism and attracting record numbers of mainland and overseas tourists. CEO Winfried Engelbrecht-Bresges highlighted the season’s outstanding horse performances and the sport’s growing global appeal, emphasizing its contribution to Hong Kong’s tourism and cultural exchange. The club awarded a record HK$1.74 billion (US$222 million) in prize money and plans to increase prizes for major Group 1 races in the upcoming 2025/26 season, further enhancing the prestige of flagship events like the LONGINES Hong Kong International Races and FWD Champions Day.
