License Name
Hong Kong Jockey Club Horse Race Betting Monopoly Licence
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Issuing Country/Region
Hong Kong
Regulatory Body
Betting and Lotteries Commission under the Home and Youth Affairs Bureau
Types of Regulated Games
Pari-mutuel horse racing betting
Market Coverage
Local
Regulator's Reputation
Excellent
Legal Entity Requirements
Only the not-for-profit Hong Kong Jockey Club is authorized
Minimum Share Capital
Not publicly specified
Directors and Shareholders Requirements
Not publicly specified (HKJC is member-based)
Anti-Money Laundering (AML) Requirements
Full AML and counter-terrorist financing regime compliance required, including the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615)
Data Protection Requirements
Compliance with Hong Kong Personal Data (Privacy) Ordinance
Reporting Requirements
Compliance and financial reporting to the regulator under the Betting Duty Ordinance
Audit Requirements
Annual independent audits mandatory
Software Certification Requirements
Not publicly specified
RNG Certification
Not applicable for pari-mutuel betting
Payment System Requirements
Compliance with legal requirements; only approved payment methods allowed
Server Location Requirements
Not publicly specified
Domain Name Requirements
Not publicly specified
Language Support Requirements
Operations in Chinese and English
Currency Support Requirements
HKD required
Legal Compliance Costs
Not publicly specified
Background Checks
Required for key club personnel
License Scope Restrictions
Exclusive monopoly; only horse race, football, and lottery betting
Jurisdictional Tax Compliance
HKJC is Hong Kong's top taxpayer, subject to all local tax obligations
Player Data Storage Requirements
Subject to Hong Kong data privacy law
Cross-Border Operations
No cross-border operations; monopoly applies only in Hong Kong
License Application Transparency
Not a public process—exclusive by government mandate
Regulatory Contact Point
Betting and Lotteries Commission
Compliance Officer Requirement
Dedicated Legal & Compliance Division within HKJC
Local Partnership Requirements
Not applicable (monopoly)
Legal Dispute Resolution
Hong Kong courts
License Transferability
Not permitted (exclusive to HKJC)
Sub-Licensing Rules
Not permitted
License Cost
Not publicly specified (arranged by government negotiation)
Annual Fees
Not publicly specified; HKJC pays betting duties up to 72.5% of net stake receipts for horse race betting
Income Taxes
Subject to standard Hong Kong tax, plus betting duties
Player Winnings Taxes
No tax withheld on player winnings
Financial Guarantees
Not publicly specified
Liquidity Requirements
Not publicly specified
Financial Reporting Requirements
As required by Betting Duty Ordinance
Application Processing Time
Not applicable—government-granted monopoly
Required Documents
Not applicable—exclusive appointment
Business Plan Requirements
Not publicly specified
Internal Policy Requirements
AML, responsible gaming, and compliance policies required
Testing Requirements
Not publicly specified
Certification Requirements
Not publicly specified
Staff Qualifications
Senior compliance, legal, and financial professionals required
Physical Office Requirements
HKJC headquarters in Hong Kong
Local Representative Requirements
Not applicable
Marketing Restrictions
Strict responsible gambling and advertising controls
Responsible Gaming Measures
Mandatory, including self-exclusion and counseling support
Self-Exclusion System
Available through HKJC and the Ping Wo Fund
Age Verification Procedures
Minimum age 18, mandatory ID verification
KYC Procedures
Comprehensive customer identification required
Customer Support Standards
Support in Chinese and English
Complaint Handling Procedures
Regulator-supervised player complaint system
Player Funds Protection
Not publicly specified
Payout Timelines
Not publicly specified
Bonus and Promotion Regulations
Strictly limited
Permitted Games List
Pari-mutuel horse racing betting only
Betting Limits
Government-regulated; subject to HKJC rules
RTP Requirements
Not applicable
Jackpot Regulations
Not applicable
Live Game Requirements
Not applicable
Mobile App Compliance
Subject to same controls as retail/online betting
Affiliate Program Rules
Not permitted
Security Standards
Required to implement information security standards; not publicly specified
Encryption Requirements
SSL/TLS required for all digital transactions
Backup Requirements
Not publicly specified
Monitoring Systems
Comprehensive internal and regulator monitoring
Operation Logging
Required for audit and regulatory review
Anti-Fraud Systems
Mandatory detection and prevention measures
API Integration Standards
Not publicly specified
Hosting Requirements
Hong Kong-based operations
CDN Usage
Not publicly specified
Scalability Requirements
Not publicly specified
Uptime Requirements
Not publicly specified
Technical Support Availability
24/7 support for critical operations
License Duration
Government-agreed term (length not publicly specified)
Renewal Procedure
By government discretion
Penalties for Non-Compliance
Severe penalties for violations under Betting Duty Ordinance and Gambling Ordinance
Ownership Change Rules
Not permitted (monopoly, non-transferrable)
Mergers and Acquisitions Rules
Not applicable
Subcontractor Regulations
Subject to regulator approval
Branding Requirements
HKJC branding only
Intellectual Property Protection
Subject to Hong Kong IP law
Dispute Arbitration
Hong Kong courts
Insurance Requirements
Not publicly specified
Charity Contributions
Over HK$7 billion contributed annually
Staff Training Requirements
Ongoing compliance and integrity training mandatory
Innovation Support
Actively collaborates with international racing bodies
Sustainability Initiatives
Not publicly specified
Accessibility Standards
Not publicly specified
Multilingual Support
Chinese and English
Cryptocurrency Support
Not permitted
Esports Betting Regulations
Not permitted
Fantasy Sports Regulations
Not permitted
Official Address
1 Sports Road, Happy Valley, Hong Kong
Work Hours
Office hours Monday to Friday, race operations per published schedule
Emergency Contact
Not publicly specified
FAQ Question 1
What is Hong Kong Jockey Club Horse Race Betting Monopoly Licence?
FAQ Answer 1
The license grants the Hong Kong Jockey Club the exclusive legal right to offer pari-mutuel horse racing betting in Hong Kong under strict government regulation.
FAQ Question 2
Which jurisdiction issues Hong Kong Jockey Club Horse Race Betting Monopoly Licence?
FAQ Answer 2
The Hong Kong government authorizes the license, regulated by the Betting and Lotteries Commission under the Home and Youth Affairs Bureau.
FAQ Question 3
What is the cost of obtaining Hong Kong Jockey Club Horse Race Betting Monopoly Licence?
FAQ Answer 3
Information not found in publicly available sources.
FAQ Question 4
What are the main requirements for Hong Kong Jockey Club Horse Race Betting Monopoly Licence?
FAQ Answer 4
HKJC must comply with strict government regulation, responsible gambling, AML procedures, financial audits, and is subject to close regulatory oversight.