⚠️ HKJC warns illegal betting is gaining ground

Hong Kong Jockey Club says the illegal betting market is expanding as FY26 turnover reaches a record high. It points to high betting duties and limited legal sports options, including the delayed legalisation of basketball betting, as key drivers. 📈⚽ The wider signal for the industry is clear: when regulated choice is too narrow, unlicensed operators can fill the gap. For B2B suppliers and policymakers, that puts channelisation, product breadth and tax balance firmly back in focus. 🎯📊 🌐 Source: Inside Asian Gaming