About HKJC

2023/24 Annual Report
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ACTING FOR THE BETTERMENT OF OUR SOCIETY
ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024
ACTING FOR THE BETTERMENT OF OUR SOCIETY
ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024
INTEGRATED BUSINESS MODEL
Through its integrated business model, the Club generates economic and social value for our society.

In 2023/24, the Club contributed a record HK$40.1 billion to the community in tax and approved charity donations.
PERFORMANCE HIGHLIGHTS
Amounts Bet by
Customers
304.9
HK$ billion
Betting and Lottery
Revenue
43.1
HK$ billion
CHAIRMAN’S STATEMENT
This has been a year of considerable achievement for the Club both on and off the track. On the track Hong Kong horses triumphed in Australia, Dubai and Japan and won six out of seven Group 1 races in our two home international racing carnivals. Off the track we launched the Institute of Philanthropy (IoP) and we contributed a record HK$40.1 billion to the community, comprising HK$29.9 billion in betting duty, profits tax and Lotteries Fund contributions and a record HK$10.2 billion in approved charity donations. The latter comprised HK$6.7 billion in regular donations and HK$3.5 billion to the IoP.
CHIEF EXECUTIVE OFFICER’S STATEMENT
The 2023/24 season was a vintage one for Hong Kong racing. Romantic Warrior became the first Hong Kong horse to win the W.S. Cox Plate in Australia, while in Japan he followed in the footsteps of Fairy King Prawn and Bullish Luck to take the Yasuda Kinen. Together with victories in the LONGINES Hong Kong Cup, the Citi Hong Kong Gold Cup and the FWD QEII Cup he wrote a new chapter in Hong Kong racing history. In Dubai, California Spangle’s win in the Al Quoz Sprint established him as one of Hong Kong’s racing stars, while our international carnivals, the LONGINES Hong Kong International Races and FWD Champions Day, saw Hong Kong horses win six out of seven Group 1 races against top global talent. Meanwhile, Vincent Ho became the first home-grown jockey to win the LONGINES International Jockeys’ Championship. To cap it all, all 12 of Hong Kong’s international Group 1 races featured in the LONGINES World’s Top 100 Group 1 Races for the very first time.