• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    Ascendion Named a Market Leader for Agentic Services by HFS Research

    Ascendion Named a Market Leader for Agentic Services by HFS Research

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    CE accepts fuel price measures

    CE accepts fuel price measures

    Wang Yi vows deeper ties with DPRK on Pyongyang trip

    A new type of electrically driven artificial muscle fiber

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    KFC China and BYD Launch Strategic Partnership to Enhance In-Car Dining Experience

    Xiaomi Launches Next-Generation SU7 and AI Models in Ambitious Push for Smart Mobility

    PwC Report Finds Financial Institutions in Hong Kong and Mainland China Embrace AI for Strategic Transformation

    Kuse AI’s Viral Campaign Sparks Debate Over Aggressive Monetization and Data Security

    Xiaomi Unveils Flagship Smartphones, Leitzphone, and Vision GT Concept Car at Global Launch

    AGTech Partners with Hong Kong Gold Exchange to Develop One-Stop Precious Metals Trading Platform

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    Ascendion Named a Market Leader for Agentic Services by HFS Research

    Ascendion Named a Market Leader for Agentic Services by HFS Research

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

    CE accepts fuel price measures

    CE accepts fuel price measures

    Wang Yi vows deeper ties with DPRK on Pyongyang trip

    A new type of electrically driven artificial muscle fiber

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    KFC China and BYD Launch Strategic Partnership to Enhance In-Car Dining Experience

    Xiaomi Launches Next-Generation SU7 and AI Models in Ambitious Push for Smart Mobility

    PwC Report Finds Financial Institutions in Hong Kong and Mainland China Embrace AI for Strategic Transformation

    Kuse AI’s Viral Campaign Sparks Debate Over Aggressive Monetization and Data Security

    Xiaomi Unveils Flagship Smartphones, Leitzphone, and Vision GT Concept Car at Global Launch

    AGTech Partners with Hong Kong Gold Exchange to Develop One-Stop Precious Metals Trading Platform

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Views sought on gambling regulation

Xenia. W by Xenia. W
2 April 2025
in News
0
Views sought on gambling regulation
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

The Government today launched a public consultation on the proposed regulation of basketball betting activities.

 

According to the Hong Kong Jockey Club’s (HKJC) latest assessment, the turnover of illegal basketball betting reached $70 billion to $90 billion in 2024. To combat illegal betting activities in an effective manner, the Government announced in the 2025-26 Budget that it will explore regulating basketball betting activities.

 

The Government proposes establishing a regulatory regime for basketball betting by modelling on the existing regime for football betting.

 

Through amending the Betting Duty Ordinance, the Secretary for Home & Youth Affairs will be granted the power to issue a licence for basketball betting to the HKJC and impose licensing conditions to minimise the negative impact of gambling on the public, especially on young people.

 

As for the major licensing conditions, it is proposed that a fixed duration shall be set on the licensing period, and that the Government shall impose restrictions on the number of bet types and classes of competitions.

 

In an effort to promote a betting-free and healthy environment for the sport in the city, other licensing conditions state that the licensed operator shall not accept bets on basketball matches involving Hong Kong teams and/or matches that take place in Hong Kong.

 

Additionally, the licensed operator should not accept bets from juveniles and it must not accept credit betting.

 

On top of that, the licensed operator shall display notices reminding the public of the seriousness of the problems caused by excessive gambling, and provide information on the services available for those with a gambling disorder.

 

The consultation document is available on the Home & Youth Affairs Bureau website.

 

Views can be sent by email, faxed to 2591 6002 or posted to 13/F, West Wing, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong by May 2, 2025.

 

Furthermore, following a consultation with the Betting & Lotteries Commission, the Government has decided to renew the licence for football betting of the HKJC Football Betting for five years from July 18, 2025. The existing conditions will remain largely the same.

Tags: Hong Konglocal
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

Read More

Milesight Launches EG71, the Industry’s First Unified Gateway for Deep Building Integration

Milesight Launches EG71, the Industry’s First Unified Gateway for Deep Building Integration

10 April 2026
Miracell Receives FDA 510(k) Clearance for SMART M-CELL PRP Concentration System and SMART M-CELL Bone Marrow Concentration System

Miracell Receives FDA 510(k) Clearance for SMART M-CELL PRP Concentration System and SMART M-CELL Bone Marrow Concentration System

10 April 2026
  • Trending
  • Comments
  • Latest
Patient data leak reported

Patient data leak reported

4 April 2026

5-year plan to address security and development needs

6 April 2026
AZZO Acquires Qubits Energy to Deliver Scalable Energy & Power Management for Data Centers and Other Mission-Critical Facilities

AZZO Acquires Qubits Energy to Deliver Scalable Energy & Power Management for Data Centers and Other Mission-Critical Facilities

6 April 2026
No public money loss on bus issues

No public money loss on bus issues

4 April 2026
Ascendion Named a Market Leader for Agentic Services by HFS Research

Ascendion Named a Market Leader for Agentic Services by HFS Research

9 April 2026
JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

9 April 2026
JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

9 April 2026
CE accepts fuel price measures

CE accepts fuel price measures

9 April 2026

Recent News

Ascendion Named a Market Leader for Agentic Services by HFS Research

Ascendion Named a Market Leader for Agentic Services by HFS Research

9 April 2026
JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

9 April 2026
JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

JCET Releases 2025 Annual Report, Posts Record-High Full-Year Revenue and Higher Profit Before Tax

9 April 2026
CE accepts fuel price measures

CE accepts fuel price measures

9 April 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com