About HKJC

2022/23 Annual Report
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ACTING FOR THE BETTERMENT OF OUR SOCIETY
ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2023
ACTING FOR THE BETTERMENT OF OUR SOCIETY
ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2023
INTEGRATED BUSINESS MODEL
Through its integrated business model, the Club generates economic and social value for our society.

In 2022/23, the Club contributed a record HK$35.9 billion to the community in tax and approved charity donations.
PERFORMANCE HIGHLIGHTS
Amounts Bet by
Customers
304.8
HK$ billion
Betting and Lottery
Revenue
43.6
HK$ billion
CHAIRMAN’S STATEMENT
This has been a year of great achievement for the Club and for the community we serve. The Club welcomed fans back to the racecourses in their tens of thousands as we emerged from the pandemic. We achieved a record turnover of HK$304.8 billion for the financial year and HK$305.6 billion for the racing season. We reinvigorated our charities strategy, strengthened our cooperation with the Mainland, and launched new membership initiatives. Above all, we 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. Indeed, our donations were well above the HK$6.6 billion the Club approved last year and second only to the HK$7.6 billion we donated in 2016/17 when we made a special donation to construct the Hong Kong Palace Museum.
CHIEF EXECUTIVE OFFICER’S STATEMENT
This has been a year of significant achievement for the Club as it transitioned into the post-pandemic era. Thanks to resilience, agility, the dedication of employees and an enormous commitment of resources we were able to fully resume our operations from the second half of the season with great success, as demonstrated by our business results and record community contribution this year.