Hong Kong Jockey Club
The Hong Kong Jockey Club (HKJC, Chinese name: 香港賽馬會) is one of the oldest institutions in Hong Kong, founded in 1884 to promote horse racing. It was granted Royal Charter and renamed to "The Royal Hong Kong Jockey Club" (英皇御准香港賽馬會) in 1959. The name of the institution was reverted to its original name in 1996 due to the transfer of sovereignty of Hong Kong in 1997.
It is a non-profit organisation providing horse racing, sporting and betting entertainment in Hong Kong. It holds a government-granted monopoly in providing pari-mutuel betting on horse racing, the Mark Six lottery, and fixed odds betting on overseas football events. The organization is the largest taxpayer in Hong Kong, as well as the largest private donor of charity funds, contributing an average of over HK$1 billion (approximately US$130 million) annually over the past ten years. The HKJC also provides dining, social and recreation facilities to its approximately 23,000 members.
Read more about Hong Kong Jockey Club: History, Racing Activities, Betting and The Law, Charities, Club Chairmen
Famous quotes containing the words jockey and/or club:
“Radio news is bearable. This is due to the fact that while the news is being broadcast the disc jockey is not allowed to talk.”
—Fran Lebowitz (b. 1951)
“Mi advise tu them who are about tu begin, in arnest, the jurney ov life, is tu take their harte in one hand and a club in the other.”
—Josh Billings [Henry Wheeler Shaw] (1818–1885)