Gambling In Hong Kong
   HOME
*





Gambling In Hong Kong
The Gambling Ordinance was enacted in 1977 to regulate gambling in Hong Kong. People are allowed gamble for leisure and entertainment within these regulations at a limited number of authorized outlets. Social gambling is still allowed. Legality The government of Hong Kong restricts organized gambling to a few regulated outlets. The government enacted the Gambling Ordinance in 1977 to rein in excessive gambling while still providing gambling to the populace. Gambling involving a bookmaker is illegal in Hong Kong. Betting with a bookmaker and betting in a place other than a gambling establishment is illegal. The Hong Kong Jockey Club holds a government-granted monopoly on horse races, football matches, and lotteries. The revenue the club generates from various wagers makes it the largest taxpayer for the government. Hong Kong generates the largest horse race gambling turnover in the world. The Hong Kong Jockey Club founded in 1884, holds a monopoly on horse racing wagers, lotterie ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Government Of Hong Kong
The Government of the Hong Kong Special Administrative Region, commonly known as the Hong Kong Government or HKSAR Government, refers to the executive authorities of Hong Kong SAR. It was formed on 1 July 1997 in accordance with the Sino-British Joint Declaration of 1983, an international treaty lodged at the United Nations. This government replaced the former British Hong Kong Government (1842–1997). The Chief Executive and the principal officials, nominated by the chief executive, are appointed by the State Council of the People's Republic of China. The Government Secretariat is headed by the Chief Secretary of Hong Kong, who is the most senior principal official of the Government. The Chief Secretary and the other secretaries jointly oversee the administration of Hong Kong, give advice to the Chief Executive as members of the Executive Council, and are accountable for their actions and policies to the Chief Executive and the Legislative Council. Under the " one co ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Bookmaker
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. W ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Hong Kong Jockey Club
The Hong Kong Jockey Club (HKJC) is one of the oldest institutions in Hong Kong, having been founded in 1884. In 1959, it was granted a Royal Charter and renamed The Royal Hong Kong Jockey Club (). The institution reverted to its original name in 1996 due to the transfer of sovereignty 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. The Hong Kong Jockey Club Charities Trust donated a record HK$3.6 billion in 2014 to support the different needs of the society and contribute to the betterment of Hong Kong. The club also proactively identifies, funds and develops projects which anticip ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Betting On Horse Racing
Betting on horse racing or horse betting commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks. For example, because of a law passed in 1951, betting is illegal in Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina. Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled and shared proportionally among the winners once a deduction has been made from the pool. Parimutuel betting also provides purse money to participants and a considerable amount of tax revenue, with over $100 billion being wagered annually in 53 countries. In some countries – notably the UK, Ireland, and Australia – an alternative and more pop ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

FIFA World Cup
The FIFA World Cup, often simply called the World Cup, is an international association football competition contested by the senior men's national teams of the members of the ' ( FIFA), the sport's global governing body. The tournament has been held every four years since the inaugural tournament in 1930, except in 1942 and 1946 when it was not held because of the Second World War. The reigning champions are Argentina, who won their third title at the 2022 tournament. The format involves a qualification phase, which takes place over the preceding three years, to determine which teams qualify for the tournament phase. In the tournament phase, 32 teams compete for the title at venues within the host nation(s) over about a month. The host nation(s) automatically qualify to the group stage of the tournament. As of the 2022 FIFA World Cup, 22 final tournaments have been held and a total of 80 national teams have competed. The trophy has been won by eight national teams. ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Hong Kong Gamblers Recovery Centre
The Hong Kong Gamblers Recovery Centre ({{zh, 香港戒賭中心) was set up as a Bible-oriented non-profit registered organization in Hong Kong in May 2007, pledged to help pathological gamblers and their families. Counseling Services * Telephone Counselling * Face-to-face Counselling * Workshop * Gambling Rehabilitation Group * Debt Consolidation Loan * Outreaching Ministry and Continuing Care * Outdoors Activities * Education for Prevent of Gambling * Referral Services See also * Gambling in Hong Kong The Gambling Ordinance was enacted in 1977 to regulate gambling in Hong Kong. People are allowed gamble for leisure and entertainment within these regulations at a limited number of authorized outlets. Social gambling is still allowed. Legality T ... External links Hong Kong Gamblers Recovery Centre Addiction organizations in China Medical and health organisations based in Hong Kong ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Culture Of Hong Kong
The culture of Hong Kong is primarily a mix of Chinese and Western influences, stemming from Lingnan Cantonese roots and later fusing with British culture due to British colonialism (Jyutping: ; Traditional Chinese: 粵英薈萃). As an international financial center dubbed "Asia’s World City", contemporary Hong Kong has also absorbed many international influences from around the world. Moreover, Hong Kong also has indigenous people and ethnic minorities from South and Southeast Asia, whose cultures all play integral parts in modern day Hong Kong culture. As a result, after the 1997 transfer of sovereignty to the People's Republic of China, Hong Kong has continued to develop a unique identity under the rubric of One Country, Two Systems.Lilley, Rozanna. 998(1998) Staging Hong Kong: Gender and Performance in Transition. University of Hawaii. History Languages and writing systems Spoken languages Hong Kong people used to speak Cantonese with some English bad words, which be ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Gambling In China
Gambling in China is illegal under Chinese law and has been officially outlawed since the Communist Party took power in 1949. Any form of gambling by Chinese citizens, including online-gambling, gambling overseas, opening casinos overseas to attract citizens of China as primary customers, is considered illegal. In practice however, Chinese citizens participate in state-run lotteries, regularly travel to legal gambling centers overseas or in the special administrative regions of Hong Kong and Macau and access gaming through offshore based proxy betting and online gambling companies. Mainland China The Criminal Code of Republican China has prohibited both public gambling and the provision of venues for gamblers to assemble (e.g., casinos) since 1935.''Facing up to a gambling problem''
by Jules Quartly ( ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mahjong Culture
Mahjong is a strategy-based tile game developed during the Qing dynasty in China. It has since spread worldwide. The game has a long history and significance in many countries, particularly in Asia. Places like China and Japan have especially strong cultural ties to the game. In China, the game has evolved to represent peace and friendship. Inviting someone to a game of Mahjong is almost synonymous with friendship. Expensive Mahjong sets can be seen as a status symbol and are a source of pride among Chinese families. Hong Kong In Hong Kong: *During a Chinese wedding banquet, guests play Mahjong during the waiting time. *A count-down Mahjong before the Chinese New Year or the New Year is a typical practice for many Hong Kong families. *While most people have a Mahjong set at home, most Chinese restaurants offer sets of Mahjong equipment for their customers. *Officially, casinos are illegal in Hong Kong. However, there are legal Mahjong schools, where gamblers can play Mahjong. *The ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]