Hong Kong Jockey Club posts record revenue

iGaming Business – The Hong Kong Jockey Club has posted record turnover of HK$94.37 billion (€9.27 billion/$12.16 billion) for the 12 months until June 30 – a 12.3% year-on-year increase. Following confused reports of the club’s financial results by some media outlets, the Hong Kong operator confirmed its figures to iGaming Business. The club said that race betting duty payments grew by 12.1% to HK$11.11 billion, the highest figure for 13 years, although net margin on racing, at HK$4.12 billion, was short of the record of HK$4.50 billion in the 1999-2000 year. Total racecourse attendance of more than two million…