Hong Kong Jockey Club hits record high HK$234 billion turnover Ng Kang-chung, South China Morning Post · August 31, 2018 at 5:41 pm The Hong Kong Jockey Club enjoyed another bumper year as overall turnover for the city’s sole betting operator surged by 8.1 per cent to a record high of HK$234 billion (US$29.8 billion), according to its annual report released on Thursday. This meant the club paid the government HK$22.6 billion in duty and profits tax, up about 4 per cent. Charitable donations by the club also grew by 2.4 per cent to reach a new high of HK$4.2 billion in 2017-18. Horse-racing bets contributed HK$122.8 billion in turnover for 2017-18 – marking a 6 per cent rise on the previous year. Football betting turnover stood at HK$103.1 billion for an 11.2 per cent climb. Meanwhile, Mark Six lottery bets yielded only a slight 1.2 per cent increase to HK$8.1 billion.