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Company type | Non-profit organization |
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Industry | Charity |
Founded | 4 November 1884 |
Headquarters | Hong Kong |
Key people | Michael T H Lee, Chairman Winfried Engelbrecht-Bresges, CEO |
Products | Betting, lottery, sports |
Website | www.hkjc.com |
The Hong Kong Jockey Club | |||||||||||
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Traditional Chinese | 香港賽馬會 | ||||||||||
Simplified Chinese | 香港赛马会 | ||||||||||
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The Royal Hong Kong Jockey Club | |||||||||||
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Traditional Chinese | 英皇御准香港賽馬會 | ||||||||||
Simplified Chinese | 英皇御准香港赛马会 | ||||||||||
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The Hong Kong Jockey Club (HKJC) was founded in 1884 and is one of the oldest institutions in Hong Kong. In 1960, it was granted a royal charter and renamed The Royal Hong Kong Jockey Club (英皇御准香港賽馬會). The institution reverted to its original name in 1996 due to the handover of Hong Kong in 1997. Membership of the club is by nomination and election.
It is a non-profit organisation providing horse racing, sporting and betting entertainment in Hong Kong. It holds a government-granted monopoly in providing pari-mutuel betting on horse racing, the Mark Six lottery, and fixed odds betting on overseas football events. The organisation is the largest taxpayer in Hong Kong, as well as the largest community benefactor and one of the city's major employers. In 2022/2023, The Hong Kong Jockey Club contributed a record HK$35.9 billion to the community. This comprised a record HK$28.6 billion in betting duty, profits tax and Lotteries Fund contributions, and HK$7.3 billion in approved charity donations.[1] The club also proactively identifies, funds and develops projects which anticipate and address social issues and pressing needs in Hong Kong. The Hong Kong Jockey Club also provides dining, social, sport and recreation facilities to its approximately 23,000 members. Its Charities Trust is also one of the world's top ten charity donors.[2]