Check todays hot topics and new pictures Today is: 28 May, 2012
Hong Kong Jockey Club plans longer season to compete with Macau

Hong Kong - The Hong Kong Jockey Club is planning to extend the race season by five extra races in a bid to compete with neighbouring Macau and illegal bookmakers, the club confirmed Thursday.

The club has submitted a proposal to the government outlining the arguments in support of a longer season that would see the extra races taking place in July.

The current 78-meeting season ends at the beginning of July.

In a briefing held Wednesday, Hong Kong Jockey Club chief Winifried Engelbrecht-Bresges said a longer season would create more than 4,000 jobs in Hong Kong and help the club maintain the donation of 1 billion Hong Kong dollars (129 million US dollars) it gives to charity every year.

He also said it would prevent potential revenue from leaking out of the former British colony and into the coffers of illegal bookmakers, offshore casinos and the casinos of neighbouring Macau, the so-called Vegas of the East.

According to an independent survey conducted for the Jockey Club, Hong Kong punters lost around 20 billion Hong Kong dollars (2.57 billion US dollars) at Macau's casinos last year, double the amount of 2005.

Of this, 3.3 billion Hong Kong dollars in bets were lost in the summer months of July and August when the racing season in Hong Kong is closed.

The club's plan also proposes introducing 20 more simulcasts of overseas race meetings, which are expected to produce 36 million Hong Kong dollar in tax revenue for the government.

The proposal has been submitted to the government and will now be considered by the Lotteries and Gambling Commission.

But it has already angered Christian and anti-gambling organizations who says it will push gamblers into a dead-end.

Joe Tang, a supervisor with the Caritas Addicted Gamblers Counselling Centre, said a longer season would leave gamblers no time to reflect on their behaviour.

He said the club had treated 1,500 pathological gamblers since it opened in 2003 and receives at least 550 calls for help every month.

However, the Jockey Club argued the extra meeting was only a minor increase in the season that would not increase the number of gamblers or create any social issues.

Betting on horse racing and soccer matches through the Hong Kong Jockey Club and a weekly government-run lottery are the only legal forms of gambling in Hong Kong.

However, the city of 6.9 million has a huge black market of underground bookmakers and syndicates, while thousands of Hong Kong gamblers take the one-hour ferry journey to Macau every week to gamble in casinos.

Gambling is still the most lucrative source of tax for the Hong Kong government with the Jockey Club paying around 13 billion Hong Kong dollars (1.67 billion US dollars) in tax and betting duty. dpa


Lazio captain arrested amid probe into match fixing

Lazio captain arrested amid probe into match fixingRome, May 28 : The captain of the Italian football club Lazio has been arrested amid investigations in connection to match-fixing scandal.  Read more »

Man City’s Kompany hopes to ‘cap season’ with Wembley win

Man City’s Kompany hopes to ‘cap season’ with Wembley winLondon, May 28 : Manchester City skipper Vincent Kompany has expressed his hope of making an impact at the Saturday's England v/s Belgium friendly, after not being slotted in for the Euro 2012 squad.  Read more »

Cricket was just by chance, says now `cage fighter`Adam Hollioake

Cricket was just by chance, says now `cage fighter`Adam HollioakeLondon, May 28 : Former England cricketer Adam Hollioake has revealed that his friends and family were surprised when he chose the gentleman's game over rugby and boxing as his profession.  Read more »

T20 has damaged cricket: Pak cricketer Wasti

 T20 has damaged cricket: Pak cricketer WastiIslamabad, May 28 : Pakistan cricketer Wajahatullah Wasti has said the Twenty20 format has caused a lot of damage to the techniques of opening batsmen.  Read more »

Australia''s world motorcycling champion Stoner to retire

  Australia''s world motorcycling champion Stoner to retireSydney, May 18 : Australian professional motorcycle racer, two-time MotoGP world champion, Casey Stoner, announced that he will retire from Grand Prix racing at the  Read more »

Veer Patel upstages Aravind in National Supercross

Veer Patel upstages Aravind in National SupercrossPune, April 30 - Veer Patel of Baroda steered his Honda CRF 250 with much panache to clinch the title in the showpiece Foreign Open class ahead of defending champion Aravind KP in the 2012 National Supercross championship here.  Read more »