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What's the deal with HKJC, their monopoly and their lousy odds?

  1. #31

    Join Date
    Nov 2014
    Posts
    47

    4.3 billion in surplus, are you kidding me? That is not even counting all the additional 'surplus' that was taken under the table.

    The point is HKJC should not have this monopoly. Either ban gambling completely or make it competitive (by removing monopoly) so the residents can reap the benefits.


  2. #32

    Join Date
    Aug 2006
    Posts
    9,252

    What are these social 'benefits' of competitive gambling that you seem so keen on?


  3. #33

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    18,843
    Quote Originally Posted by Vodka_Tonic
    4.3 billion in surplus, are you kidding me? That is not even counting all the additional 'surplus' that was taken under the table.

    The point is HKJC should not have this monopoly. Either ban gambling completely or make it competitive (by removing monopoly) so the residents can reap the benefits.
    Or alternatively if it upsets you so much then just don't gamble with them.
    Golem likes this.

  4. #34

    Join Date
    Feb 2005
    Location
    NT
    Posts
    3,603

    If you can get into HKJC the salary they offer is ridiculous, one guy I knew got in and was taking home 150K a month for a 3 year contract and he was a manager only, imagine what the higher ups are getting LOL with all that betting money coming in.

    7 Billion HKD operating cost wow

    http://corporate.hkjc.com/corporate/...Highlights.pdf


  5. #35

    Join Date
    Mar 2010
    Posts
    741
    https://www.scmp.com/news/hong-kong/...llion-turnover

    https://www.bloomberg.com/news/artic...to-hedge-funds

    I can't find the article, but HKJC had an article how a big chunk of their money would go into an unallocate pool or the like, sounded pretty fishy....

  6. #36

    Join Date
    Nov 2014
    Posts
    47
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    I went to the HKJC betting shop tonight on a Race night and there I see they have disabled betting from some kiosks and I took a picture of that.

    I asked the staff why did they disable some of the betting kiosks, he said the management want customers to open online betting accounts, so to encourage that they have disabled some of the betting kiosks. The staff told me he doesn't agree with the management.

    Now if it was a nonprofit charitable organization, why would they be playing these games with us?

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