The Gambling Ordinance was enacted in 1977 to regulate gambling in Hong Kong.^[1] People are allowed gamble for leisure and entertainment within these regulations at a limited number of authorized outlets. Social gambling is still allowed.

Legality[edit]

As such, most countries set the minimum age for betting at 18, the same as the legal age limit for other adult activities. This is founded on the widely-accepted belief that people aged 18 and above are mature enough and capable of deciding on their own accord whether. Nov 01, 2013 persons under the age of 21 are prohibited from entering casinos. Those breaking the law shall be fined a maximum penalty of MOP10,000 and shall have their bets and payouts confiscated Report inappropriate content. Hong Kong casinos and gambling guide includes information like: A Hong Kong casino list, poker tournament listing, information on slots, pari-mutuel (greyhounds & horses), Texas Hold'em, and more. Find casino contact information and view photos of every casino in Hong Kong.

Mar 26, 2019 Generally, the Hong Kong casino age limit is 21 years & above. Most Popular Casinos In Hong Kong With so many options of casinos in and around this place, one may wonder how many casinos are there in Hong Kong which are worth visiting. Dec 09, 2019 Tips for Entering a Casino. T here is a minimum age requirement of 18 for visitors and 21 for locals in all casinos. Cameras are forbidden in gambling casinos. The gambling casinos in Macau accept only Hong Kong dollars and Macau patacas and guests can exchange money either at casino counters or the nearby banks.

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.^[2] Gambling involving a bookmaker is illegal in Hong Kong.^[2] 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.^[3]

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, lotteries and football betting and is the largest taxpayer to the government.^[3] In 2009, Hong Kong generated an average US$12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United States only generated $250,000.^[4]

During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time high.^[5]

Charities[edit]

Hong Kong has charities which have a goal to promoting responsible gambling practices among those who gamble and to minimizing the negative effects of problem gambling. Such charities also look for a balance between meeting the demand for gambling and maximizing the social and economic benefits of gambling for the community, while helping to minimize potential harm to individuals and the community.^[2]

Recent events[edit]

During the 2010 World Cup, police arrested 25 people for having an illegal gambling ring that took bets on World Cup matches worth more than 66 million Hong Kong dollars. Earlier in the year the Hong Kong police set up a task force to help stop illegal football gambling.^[6]

References[edit]

^Deans, R. (2001). Online gambling: changes to Hong Kong's gambling legislation. Gaming Law Review., 5(6), Retrieved from http://www.liebertonline.com/doi/abs/10.1089/109218801753336166?journalCode=glrdoi:10.1089/109218801753336166
^ ^a^b^c'Responsible gambling policy'. Hong Kong Jockey Club. Retrieved 24 May 2015.
^ ^a^bBalfour, Fredrick (22 February 2016). 'Hong Kong Horse Racing Is Serious Business'. Bloomberg.com. Retrieved 7 March 2018.
^'Hong Kong's hardcore gamblers'. CNNMoney. Retrieved 7 March 2018.
^Mok, Danny (1 September 2017). 'Hong Kong Jockey Club has record-breaking year'. South China Morning Post. Retrieved 7 March 2018.
^Hong Kong police smash illegal world cup betting ring. (2010, June 13). Asia Pacific News, Retrieved from http://www.channelnewsasia.com/stories/afp_asiapacific/view/1062884/1/.html

External links[edit]

The Study on Hong Kong People's Participation in Gambling Activities, Hong Kong Polytechnic University, March 2012
Tse, Samson; Yu, Alex C.H.; Rossen, Fiona; Wang, Chong-Wen (2010). 'Examination of Chinese Gambling Problems through a Socio-Historical-Cultural Perspective'. The Scientific World Journal. 10: 1694–1704. doi:10.1100/tsw.2010.167. ISSN1537-744X. OCLC48386834. PMC5763971. PMID20842314.

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Gambling_in_Hong_Kong&oldid=908155042'

Economy of Macau
Currency and identity
Resources
Companies
Other Macau topics

Gambling in Macau has been legal since the 1850s when the Portuguese government legalised the activity in the autonomous colony. Since then, Macau has become known worldwide as the 'Gambling capital of the world'^[1]^[2] or 'Monte Carlo of the East'.

Gambling tourism is Macau's biggest source of revenue, making up about 50% of the economy. Visitors are made up largely of Chinese nationals from mainland China and Hong Kong. With the entry of large foreign casinos from Las Vegas and Australia, Macau overtook the Las Vegas Strip in gambling revenues in 2007.

Until Western-style casino games were introduced in the 20th century, only Chinese games were played, the most popular being Fan-Tan. Generally, gambling in Macau can be divided into one of four categories: casino games, greyhound racing, sports betting, and lotteries. At the present time, Macau does not license online gambling operations.

Macau, a special administrative region like Hong Kong, is the only place in China where casinos are legal, and the business has grown at an astounding pace since the government ended the four-decade gambling monopoly of the Hong Kong billionaire Stanley Ho in 2001.

Macau is the pre-eminent gambling capital of the world, grossing the highest amount of gambling/gaming revenue and greatly dwarfing all the other gambling centers/cities.^[1]^[2]^[3]

3Gambling forms
4Gaming law

History[edit]

Casinos in Macau

In an attempt to generate revenues for the government, gambling in Macau was legalized by the Portuguese government in 1849.^[4] In the late 19th century, the government introduced a licensing system for the fantan houses (Chinese gambling houses). It is reported that over 200 gambling houses were required to pay gambling rent to the government.^[5] The second casino monopoly concession was granted to the Tai Heng^[6] Company in 1937.^[7] The company was, however, too conservative to fully exploit the economic potential of gambling. The industry saw a major breakthrough in 1962 when the government granted the Sociedade de Turismo e Diversões de Macau

Legality[edit]

Charities[edit]

Recent events[edit]

See also[edit]

References[edit]

External links[edit]

History[edit]

Hong Kong Casino Age Limit