2025/26 Overall Season Review: Overseas Growth Drives Overall Performance

As of 15 July 2026, the Hong Kong Jockey Club recorded steady overall growth during the 2025/26 racing season. The number of local race days remained unchanged at 88, while the total number of local races increased by 2.1 per cent, from 847 to 865. The expansion of overseas racing was more significant, with the number of overseas race days rising by 27 per cent from 37 to 47, and the number of races increasing by 25.2 per cent to 492.

Total racing turnover reached HK$143.313 billion, representing a year-on-year increase of 3.2 per cent and the highest figure recorded over the past four seasons. Local customer turnover rose by 1.1 per cent to HK$106.04 billion, while commingling turnover from overseas customers increased by 9.6 per cent to HK$37.273 billion. The figures show that international participation and global pool cooperation continued to be major sources of growth.

Turnover on Hong Kong races totalled HK$127.112 billion, up 1.1 per cent. Although local turnover on Hong Kong racing declined by 1.4 per cent to HK$92.71 billion, the decrease was offset by an 8.3 per cent rise in overseas commingling turnover, which reached HK$34.402 billion.

Betting on overseas races delivered particularly strong growth. Total turnover increased by 23.5 per cent to HK$16.201 billion. Local betting on overseas races, including outbound commingling pools, rose by 22.7 per cent, while overseas commingling turnover increased by 27.7 per cent.

Betting duty paid to the Government amounted to HK$12.951 billion, an increase of 0.5 per cent. Revenue retained by the Club for operating expenses and charitable donations rose by 4.7 per cent to HK$6.618 billion. Although net betting revenue from local customers edged down by 0.2 per cent, income from overseas commingling pools grew by 18.2 per cent, underlining the increasing importance of international business.

Racecourse attendance also improved. Total attendance reached 1.824 million, up 6.2 per cent, with an average of 20,700 racegoers per meeting. Happy Valley recorded the strongest growth, with total attendance rising by 11.9 per cent and average attendance increasing by 15 per cent.

Overall, the season showed that while local betting remained under some pressure, growth in overseas racing, commingling turnover and racecourse attendance continued to support the Club’s broader racing business.