I like Football and Football betting. We have just one bookie in HK, check out their odds here: Hong Kong Jockey Club
Now select any match and compare their odds with other leading bookies here: https://www.oddschecker.com/football
You can compare the odds with at least 20 different bookies. HKJC odds are way worse than the worst of them. HKJC gives a payout of 75-85% depending on the bet types while the leading bookies payout 90-97%
Enjoying sole monopoly, HKJC does not need to spend any money on advertisement. It isn't providing a variety of betting options and services when compared to other bookies. Why isn't the government opening the market to other bookies to have open competition and free trade?
Now before some of you tell me that HKJC is a nonprofit organization, that's utter nonsense! I have friends working for HKJC and they don't believe that either. HKJC studies betting behaviors and tries to maximize revenue collection. Even during in-play betting, they sometimes close the betting market when they fear they may lose. It's by no means a nonprofit organization!
So why won't the government wake up?