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Bit Of A Yarn

Macau border closure drives Jockey Club’s record betting turnover


Wandering Eyes

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Has the Covid-19 pandemic actually been good for the Jockey Club’s betting turnover this season? It sounds crazy, but it might be true.The volume of cash held by the Jockey Club across the first five meetings is breaking records and exceeding expectations.Turnover sits at HK$6.652 billion – up HK$386 million, or 5.86 per cent, from the corresponding meetings last year.Sunday’s meeting alone was up HK$129 million. Local turnover was up 7 per cent and international commingling increased by 20 per…

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