Hong Kong Government Plans to Promote Basketball Betting: 94% of Citizens Support, Suggests Levying 50% Gambling Tax

The Hong Kong government recently completed a public consultation on the legalization of basketball betting, with results showing that over ninety percent (94%) of respondents support the establishment of basketball betting and suggest that 50% of the net betting amount be used as the gambling tax r

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Hong Kong Government: Will actively explore the regulation of basketball betting, Hong Kong Jockey Club to submit basketball betting proposal.

Hong Kong's Financial Secretary, Paul Chan, stated that the government will explore the possibility of basketball betting and has invited the Hong Kong Jockey Club for discussions.The Hong Kong government announced the new fiscal budget, and it was anticipated that the government would address baske

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