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.