The Hong Kong Jockey Club (HKJC) is a renowned and influential charitable organization based in Hong Kong. Established in 1884, it is primarily recognized for its involvement in horse racing, as it is the sole authorized operator of horse racing, football betting, and lotteries in the region. However, its significance extends far beyond its role in the world of sports.
As a charitable institution, HKJC dedicates substantial resources to support various charitable initiatives and community projects in Hong Kong. It is committed to promoting social welfare, education, arts and culture, medical and health services, and sports development throughout the region. HKJC actively contributes to the betterment of the community by investing in infrastructure, healthcare facilities, and education programs, among other ventures.
The organization operates under a unique not-for-profit business model, generating revenue through gambling activities, most notably horse racing, and subsequently distributes its surplus earnings to the community. This sustainable funding mechanism has allowed HKJC to become one of Hong Kong's largest contributors to charitable causes, annually donating substantial funds to support local communities and various sectors.
Furthermore, HKJC remains dedicated to maintaining transparency, accountability, and integrity in all aspects of its operations, ensuring fair and responsible gambling practices while adhering to local regulations. Through its multifaceted efforts, the Hong Kong Jockey Club continues to play an influential role in Hong Kong's development, while demonstrating a steadfast commitment to improving the quality of life for its residents.
