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Legal Gambling Age Hong Kong

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  1. Legal Gambling Age Hong Kong Tvb
  2. Legal Gambling Age Hong Kong Movies
  3. Legal Gambling Age Hong Kong Protests
  4. Legal Gambling Age Hong Kong Tourist

Hong Kong Jockey Club (HKJC) holds a government-granted monopoly on all gambling involving horse races, football matches, and lottery. Bets made through HKJC approved channels are legal. Mahjong is covered separately in the law and poker is a gray area (mostly considered illegal). In the United Kingdom, the minimum legal age to gamble depends on what type of gambling it is. For most gambling activities, like real casinos, online casinos, sports betting, and bingo, the legal age is 18. However, it is possible to participate in some gambling at the age of 16 legally. Generally, the Hong Kong casino age limit is 21 years & above. Most Popular Casinos In Hong Kong. With so many options of casinos in and around this place, one may wonder how many casinos are there in Hong Kong which are worth visiting. Below is the list of casinos in Hong Kong (and around it) for experiencing everything from gambling to.

Legal Gambling Age Hong Kong Tvb

The Gambling Ordinance was enacted in 1977 to regulate gambling in Hong Kong.[1] People are allowed gamble for leisure and entertainment within these regulations at a limited number of authorized outlets. Social gambling is still allowed.

Legal Gambling Age Hong Kong

Legality[edit]

The government of Hong Kong restricts organized gambling to a few regulated outlets. The government enacted the Gambling Ordinance in 1977 to rein in excessive gambling while still providing gambling to the populace.[2] Gambling involving a bookmaker is illegal in Hong Kong.[2] Betting with a bookmaker and betting in a place other than a gambling establishment is illegal. The Hong Kong Jockey Club holds a government-granted monopoly on horse races, football matches, and lotteries. The revenue the club generates from various wagers makes it the largest taxpayer for the government.[3]

Hong Kong generates the largest horse race gambling turnover in the world. The Hong Kong Jockey Club founded in 1884, holds a monopoly on horse racing wagers, lotteries and football betting and is the largest taxpayer to the government.[3] In 2009, Hong Kong generated an average US$12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United States only generated $250,000.[4]

  • Certain forms of gambling are legal in Hong Kong as long as they are managed by the government-sponsored Hong Kong Jockey Club (HKJC). The HKJC is a government-sponsored non-profit corporation that manages the only legal forms of gambling in Hong Kong. Residents are free to place bets via the HKJC, but all other forms of gambling are outlawed.
  • Welcome to Hong Kong e-Legislation. Hong Kong e-Legislation (HKeL) is the official database of Hong Kong legislation.It provides free online access to current and past versions of consolidated legislation dating back to 30 June 1997 and PDF copies marked 'verified copy' have official legal status.

During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time high.[5]

Legal Gambling Age Hong Kong Movies

Charities[edit]

Hong Kong has charities which have a goal to promoting responsible gambling practices among those who gamble and to minimizing the negative effects of problem gambling. Such charities also look for a balance between meeting the demand for gambling and maximizing the social and economic benefits of gambling for the community, while helping to minimize potential harm to individuals and the community.[2]

Hong

Recent events[edit]

Legal

Legality[edit]

The government of Hong Kong restricts organized gambling to a few regulated outlets. The government enacted the Gambling Ordinance in 1977 to rein in excessive gambling while still providing gambling to the populace.[2] Gambling involving a bookmaker is illegal in Hong Kong.[2] Betting with a bookmaker and betting in a place other than a gambling establishment is illegal. The Hong Kong Jockey Club holds a government-granted monopoly on horse races, football matches, and lotteries. The revenue the club generates from various wagers makes it the largest taxpayer for the government.[3]

Hong Kong generates the largest horse race gambling turnover in the world. The Hong Kong Jockey Club founded in 1884, holds a monopoly on horse racing wagers, lotteries and football betting and is the largest taxpayer to the government.[3] In 2009, Hong Kong generated an average US$12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United States only generated $250,000.[4]

  • Certain forms of gambling are legal in Hong Kong as long as they are managed by the government-sponsored Hong Kong Jockey Club (HKJC). The HKJC is a government-sponsored non-profit corporation that manages the only legal forms of gambling in Hong Kong. Residents are free to place bets via the HKJC, but all other forms of gambling are outlawed.
  • Welcome to Hong Kong e-Legislation. Hong Kong e-Legislation (HKeL) is the official database of Hong Kong legislation.It provides free online access to current and past versions of consolidated legislation dating back to 30 June 1997 and PDF copies marked 'verified copy' have official legal status.

During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time high.[5]

Legal Gambling Age Hong Kong Movies

Charities[edit]

Hong Kong has charities which have a goal to promoting responsible gambling practices among those who gamble and to minimizing the negative effects of problem gambling. Such charities also look for a balance between meeting the demand for gambling and maximizing the social and economic benefits of gambling for the community, while helping to minimize potential harm to individuals and the community.[2]

Recent events[edit]

Legal Gambling Age Hong Kong Protests

During the 2010 World Cup, police arrested 25 people for having an illegal gambling ring that took bets on World Cup matches worth more than 66 million Hong Kong dollars. Earlier in the year the Hong Kong police set up a task force to help stop illegal football gambling.[6]

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See also[edit]

References[edit]

  1. ^Deans, R. (2001). Online gambling: changes to Hong Kong's gambling legislation. Gaming Law Review., 5(6), Retrieved from http://www.liebertonline.com/doi/abs/10.1089/109218801753336166?journalCode=glrdoi:10.1089/109218801753336166
  2. ^ abc'Responsible gambling policy'. Hong Kong Jockey Club. Retrieved 24 May 2015.
  3. ^ abBalfour, Fredrick (22 February 2016). 'Hong Kong Horse Racing Is Serious Business'. Bloomberg.com. Retrieved 7 March 2018.
  4. ^'Hong Kong's hardcore gamblers'. CNNMoney. Retrieved 7 March 2018.
  5. ^Mok, Danny (1 September 2017). 'Hong Kong Jockey Club has record-breaking year'. South China Morning Post. Retrieved 7 March 2018.
  6. ^Hong Kong police smash illegal world cup betting ring. (2010, June 13). Asia Pacific News, Retrieved from http://www.channelnewsasia.com/stories/afp_asiapacific/view/1062884/1/.html

External links[edit]

Legal Gambling Age Hong Kong Tourist

  • The Study on Hong Kong People's Participation in Gambling Activities, Hong Kong Polytechnic University, March 2012
  • Tse, Samson; Yu, Alex C.H.; Rossen, Fiona; Wang, Chong-Wen (2010). 'Examination of Chinese Gambling Problems through a Socio-Historical-Cultural Perspective'. The Scientific World Journal. 10: 1694–1704. doi:10.1100/tsw.2010.167. ISSN1537-744X. OCLC48386834. PMC5763971. PMID20842314.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Gambling_in_Hong_Kong&oldid=992579374'




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