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Topic: Hong Kong Jockey Club


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  Hong Kong Jockey Club - Wikipedia, the free encyclopedia
During the 2001/02 racing season, the HKJC licensed 1,144 horse owners, 24 trainers and 35 jockeys and had 1,435 horses in training.
Surpluses from its operation are allocated to the Hong Kong Jockey Club Charities Trust which serves as the administrator for the club's charitable donations.
The HKJC's revenue has substantially declined since the People's Republic of China resumed its exercise of sovereignty over Hong Kong on July 1, 1997 from the United Kingdom, possibly due to economic recession in the region.
en.wikipedia.org /wiki/Hong_Kong_Jockey_Club   (350 words)

  
 Hong Kong - Encyclopedia.WorldSearch   (Site not responding. Last check: 2007-10-08)
Hong Kong was a British crown colony until 1997, when it was returned to Chinese rule.
Besides that, Hong Kong is bordering the city of Shenzhen in the north.
Hong Kong is by population the fourth largest metropolitan area of the PRC (see List of cities in China).
encyclopedia.worldsearch.com /hong_kong.htm   (1670 words)

  
 BBC - h2g2 - Horse Racing at the Hong Kong Jockey Club - A810226
Horse racing, far and away the favourite pastime of the Hong Kong population, is taken as seriously as football in Europe or baseball in the United States, and the average attendance at race meetings at the two courses, at Sha Tin and Happy Valley, exceeds 45,000.
Hong Kong Jockey Club itself was founded in order to formalise the administration of the territory's racing.
The 1970s saw a flurry of activity as the HKJC further regularised racing practices in Hong Kong, beginning with the switch from amateur to professional racing organisation status in 1971.
www.bbc.co.uk /dna/h2g2/classic/A810226   (1948 words)

  
 Hong Kong, Japan Enter Neighbor Policy | bloodhorse.com
The Hong Kong Jockey Club and the Japan Racing Association have a similar problem -- their handle is dropping.
The HKJC and the JRA are acknowledged as the two biggest betting pools on the globe, holding well over 50% of the turnover on horse racing, and are the prime targets for outside investors and operators.
Hong Kong's nearest racing neighbor, the Macau Jockey Club, has suffered badly with the amendment to the Gambling Ordinance.
www.bloodhorse.com /articleindex/article.asp?id=11596   (432 words)

  
 HELLO! Tai Tai .com
The Jockey Club increased the fee from HK$120,000 in July and says it does not believe the higher price would turn off potential members, given its long waiting list.
Club memberships are very hot items in this capitalist city and a deep passion for gambling among many Hong Kong people gives the jockey club an added attraction.
By contrast, a round at Fanling - one of the four private courses in Hong Kong, along with Shek O, Clearwater Bay and Discovery Bay - is $1,200.
www.geocities.com /hello_tai_tai/jockeyclub.html   (721 words)

  
 Hong Kong Jockey Club -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-08)
The organization is also the third largest charity and community benefactor in Hong Kong, after (Click link for more info and facts about Tung Wah Group of Hospitals) Tung Wah Group of Hospitals and (Click link for more info and facts about The Community Chest of Hong Kong) The Community Chest of Hong Kong.
The HKJC conducts nearly 700 horse races per year at its two race tracks at (Click link for more info and facts about Sha Tin) Sha Tin and (Click link for more info and facts about Happy Valley) Happy Valley.
During the 2001/02 racing season, the HKJC licensed approximately 1,144 horse owners, 24 (One who trains other persons or animals) trainers and 35 (Someone employed to ride horses in horse races) jockeys and had 1,435 (Solid-hoofed herbivorous quadruped domesticated since prehistoric times) horses in training.
www.absoluteastronomy.com /encyclopedia/H/Ho/Hong_Kong_Jockey_Club.htm   (356 words)

  
 Hong Kong Jockey Club Bets Its Future on Open Systems.   (Site not responding. Last check: 2007-10-08)
Hong Kong Jockey Club Bets Its Future on Open Systems.
The Jockey Club's transition to standards-based systems began in 1992 with intensive monitoring and active participation in various consortia, including The Open Group founding organizations, the Open Software Foundation (OSF) and X/Open, to identify and track viable standards-based technologies that the Club could adopt in its new systems.
On the operational side, the Club's tradition of extremely high availability is being maintained at 99.98 percent of scheduled up-timea vital requirement when downtime just before a race results in millions of dollars of lost revenue each minute.
www.opengroup.org /comm/case-studies/hkjc.htm   (1146 words)

  
 mock-1   (Site not responding. Last check: 2007-10-08)
Hong Kong also plays host to two important international events; the Hong Kong International Races in December and the Queen Elizabeth II Cup in April.
The Hong Kong International Races are now generally recognised to be the most international event in the racing world and the main meeting point for northern and southern hemisphere thoroughbreds.
The Club is one of Hong Kong's largest employers with a full-time staff of 4,500 and part-time staff of 13,500.
www.asianracing.org /members/hk.html   (1426 words)

  
 Hong Kong Jockey Club
The Jockey Club believes that the fiscal regime under which it currently operates, places it at a commercial disadvantage relative to offshore bookmakers, such as Victor Chandler (vcbet), and International All Sports (iasbet), that allow their clients to bet on Hong Kong horse racing.
The third front on which the Jockey Club is fighting, is in the area of new technologies.
The Hong Kong Jockey Club, as though trying to stem the tide, is allowing punters from the Chinese mainland to open betting accounts in Hong Kong, whilst also providing money exchange services for them at their racecourses.
www.bettingmarket.com /hkjc09.htm   (768 words)

  
 Microsoft Customer Reference Programme   (Site not responding. Last check: 2007-10-08)
The Hong Kong Jockey Club wears two hats in Hong Kong - as the operator and provider of entertainment and, as a non-profit-making organization with surplus funds from racing donated to charity and community activities and projects.
The Hong Kong Jockey Club aims to limit its total cash flow as much as possible and currently operates one of the largest call centres in Asia."The nature of gaming and betting is that with parimutuel odds, customers like to wait until as close to the jump as they can.
According to the Hong Kong Jockey Club, the key business benefit is that they have a strong company as a partner that has great depth in resources that they can tap into.
www.microsoft.com /asia/crp/Search2.asp?CaseID=46   (1693 words)

  
 TIME Asia Print Page: Fading Down The Stretch? -- December 6, 2004 / Vol. 164, No. 23   (Site not responding. Last check: 2007-10-08)
The club's private boxes and formal restaurants, scattered throughout the organization's two first-class horse-racing stadiums, are among the top local spots to be seen in, cozy venues where élite HKJC members schmooze over racks of lamb and roasted guinea fowl.
During a recent race at the Sha Tin racetrack one sunny Saturday afternoon, HKJC CEO Lawrence Wong warned that horse racing in Hong Kong is facing "irreparable damage" from illegal bookmakers and hefty taxes.
Although some might view the demise of racetrack betting as a victory for virtue, in Hong Kong the decline of an institution as influential as the HKJC would be a financial blow felt by the entire city.
www.time.com /time/asia/magazine/printout/0,13675,501041206-832295,00.html   (1170 words)

  
 Company News On Call
HKJC is one of the most prestigious organizations in Hong Kong, with annual turnover in excess of HK$ 81.3 billion in 1998/99.
"The Hong Kong Jockey Club's data-intensive, real-time computing environment is an ideal proving ground for the companies around the world that have successfully leveraged on CA's technology to build a robust infrastructure to support their business," said Piti Pramotedham, CA managing director for Hong Kong.
About the Hong Kong Jockey Club The Hong Kong Jockey Club (HKJC) is one of the most prestigious organizations in Hong Kong, with annual turnover in excess of HK$ 81.3 billion in 1998/99.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=105&STORY=/www/story/07-28-1999/0000991407   (608 words)

  
 CNN.com - Hong Kong tackles online gambling - February 4, 2001
The Hong Kong Jockey Club, which is also the leading source of charitable funding in the territory, experienced an 8 percent fall in betting turnover last year -- a fall that the club is attributing to illegal gambling and Internet betting.
According to the Hong Kong Home Affairs Department, the only legal gambling outlets are the racing activities organized by the Jockey Club and the Mark 6 lottery.
While Hong Kong officials argue that cyber casinos are taking the funds needed to improve the quality of life for Hong Kong's citizens, Lambe, a Hong Kong native, asserts that the tussle for takings is simply a commercial issue.
edition.cnn.com /2001/WORLD/asiapcf/southeast/02/04/hk.cybercasino   (631 words)

  
 Hong Kong Jockey Club - InfoSearchPoint.com   (Site not responding. Last check: 2007-10-08)
The Hong Kong Jockey Club (HKJC, 香港賽馬會) is a monopoly non-profit organisation in Hong Kong of parimutuel betting on horse racing, lotteries and fixed odds betting on soccer.
The HKJC's revenue has substantially declined since the United Kingdom handed sovereignty over Hong Kong to the People's Republic of China on July 1, 1997.
Instrumental in persuading the Hong Kong government to pass the Gambling (Amendment) Bill in 2002 which effectively made it a criminal offence for any person in Hong Kong to bet with anyone except the HKJC.
www.infosearchpoint.com /display/Hong_Kong_Jockey_Club   (277 words)

  
 Business Wire: The Hong Kong Jockey Club Deploys Micromuse's N... @ HighBeam Research   (Site not responding. Last check: 2007-10-08)
The Hong Kong Jockey Club is using Netcool solutions to collect and consolidate event data from various element management and silo-based information systems to produce a centralized, realtime, web-enabled customer focused view.
The Club is one of the largest racing organisations in the world and the third richest in terms of betting turnover after the United States and Japan.
The Club is also the single largest tax contributor in Hong Kong, accounting for 11.7% of the total tax revenues collected by the Hong Kong SAR Government.
highbeam.com /library/doc0.asp?docid=1G1:113349200&refid=ink_tptd_np   (753 words)

  
 HKJC Lotteries Limited
HONG KONG (July 6, 2005) -- A 50 percent increase in football betting and a 12.6 percent rise in Mark Six has offset the drop in horse racing turnover and allowed the Jockey Club to deliver HK$12.3 billion to government in revenue....................
HONG KONG (June 20, 2005) -- In what is seen as a partial victory over illegal bookmakers and offshore betting syndicates, Hong Kong's revenue from horse racing and football combined is tantalizingly close to the all-time record............................
HONG KONG (Feb 22, 2001) -- The Hong Kong Jockey Club is facing a nagging problem -- punters in the gambling-mad territory are increasingly placing their bets with offshore Internet sites, costing the club and the government billions in revenue.
www.lotteryinsider.com /lottery/hongkong.htm   (10006 words)

  
 Newsbytes News Network: TSSL Supplies Hong Kong Jockey Club With Security System   (Site not responding. Last check: 2007-10-08)
"The Jockey Club relies heavily on its mission-critical IT infrastructure," said Chris Dennis, managing director of TSSL Ltd. "To ensure that its systems are highly available, system maintenance and upgrades must be carried out with as little disruption as possible.
"The Jockey Club decided that TSSL was the only supplier capable of meeting its demanding security requirements," said Dennis.
According to TSSL this solution is one of the first of its kind to be fully implemented in Hong Kong.
www.findarticles.com /p/articles/mi_m0NEW/is_n76/ai_21029192   (464 words)

  
 Hong Kong Jockey Club Wants Tax Reform
HONG KONG – As reported by the Thoroughbred Times: "The club's annual racing turnover for 2003-'04 was $8.34-billion (US$1.07 billion), down 9% from the $9.16-billion (US$1.17 billion) recorded the previous season.
"Hong Kong Jockey Club Chief Executive Lawrence Wong noted that the average tax of 13.5% on all bets in Hong Kong is the highest in the world, up from 8.5% in 1974.
At the same time, the Hong Kong Jockey Club's commission has dropped from 9.1% to 5.4%, which Wong said is 'one of the lowest in the world.'
www.casinocitytimes.com /news/article.cfm?contentID=143683   (226 words)

  
 Lawrence T. Wong: Jockey Club CEO
Perhaps no organization in Hong Kong outside the government is as important as the Jockey Club.
With a monopoly on horse racing, it boasts a yearly turnover of $12 billion, of which $1.5 billion is contributed in taxes - nearly 11 percent of Hong Kong’s annual tax revenue.
He grew up in Happy Valley, where the club’s first race track was built in 1846 by the British, and actually used some parks and facilities built by Jockey Club donations.
www.msu.edu /unit/msuaa/magazine/w00/wong.html   (647 words)

  
 HP Newsroom   (Site not responding. Last check: 2007-10-08)
The Club is also the only entrant from Hong Kong to win the award for its innovative use of the desktop refreshment solution for protection against technical obsolescence and to lower TCO.
The desktop leasing project is a first in Hong Kong, and one of the major projects that the Club has engaged HP in over the years.
“The Hong Kong Jockey Club is a great example of an adaptive enterprise, one that has mastered the variables in its operating environment, reacting to change with ease.
h50043.www5.hp.com /hpnewsroom/article.asp?articleid=2853   (774 words)

  
 Hong Kong Jockey Club in Trouble - RGT Online
HONG KONG – As reported by the Hong Kong Standard: "Sweeping changes to the way horse racing is taxed and regulated in Hong Kong are a last ditch effort to save the sport here and restore its financial health, the Jockey Club has warned.
"The warning, which is contained in the paper, and the fact that the club is one of the SAR's largest employers with 19,000 people on its payroll, adds to the pressure on the government to help it regain its financial health.
In addition, the Jockey Club will be allowed to simulcast top international races held on non-racing days.
rgtonline.com /Article.cfm?ArticleId=56951&CategoryName=Headline&...   (336 words)

  
 IBM China (Hong Kong S.A.R.) - Public Sector - Hong Kong Jockey Club
Being one of the most important public organisations responsible for transactions of billions of dollars every race day, the Hong Kong Jockey Club has been continuously taking action to improve their existing system and ensuring the security integrity of their network.
IBM was chosen by the Hong Kong Jockey Club to provide network security services in late 2000.
Other than meetings and reports, IBM worked closely with the Club and provided recommendations and consultancy services on ways to improve the level of network security of the Club.
www-8.ibm.com /hk/industries/government/stories/stories_hkjc.html   (211 words)

  
 Newsbytes News Network: CA Wins Race For Hong Kong Jockey Club Mgt Contract
HONG KONG, CHINA, 2000 JAN 20 (NB) -- By Staff, IT Daily.
The Hong Kong Jockey Club (HKJC) is to use Computer Associates' Unicenter TNG enterprise management product to manage its dispersed computing environment.
HKJC has more than 80,000 terminals from which customers in Hong Kong can place bets.
www.findarticles.com /p/articles/mi_m0NEW/is_2000_Jan_20/ai_58925808   (233 words)

  
 racing.scmp.com -South China Morning Post horse racing website - online racing news in Hong Kong
Hong Kong's Super Kid was left trailing in the wake of greatness yesterday in Melbourne but trainer John Moore was philosophical about the horse's seventh-placed finish behind champion mare Makybe Diva in the W S Cox Plate.
Best Gift lost one jockey to illness yesterday, then gave another a clout in the face, but none of it was going to stop the gelding from signalling his claim to a place in the Hong Kong international team with a win in the star-studded Sha Tin Trophy (1,600m).
David Hall welcomed the first Hong Kong win of favourite Million Success in the third event and forecast that it would not be the gelding's last.
racing.scmp.com   (895 words)

  
 TIMEasia.com: News -- Pulling Up Lame   (Site not responding. Last check: 2007-10-08)
Access to the club's posh dining rooms and exclusive turfside suites is an honor generally reserved for the élite, the wealthy and the connected.
Races at the club's Happy Valley and Sha Tin tracks are an obsession to hundreds of thousands of Hong Kong punters, who gather in the bleachers, at off-track betting outlets and in front of TVs in countless noodle shops whenever the ponies are at the post.
The Jockey Club also has its reputation going for it—although as the current race-rigging investigation shows, even that is no sure thing.
www.time.com /time/asia/news/daily/0,9754,214147,00.html   (863 words)

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