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Sha Tin Horse Racing
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Did you know that?
Hong Kong means
Sha Tin means
in Hong Kong is more exciting than anywhere else in the world. There are a
limited number of races and a limited number of horses, so that makes each
race very special indeed.”
No where in the world is horse racing so important or appreciated as it is in Hong Kong. The fans of racing in Hong Kong are inspirational. Horse racing here reaches excitement levels of football (soccer) in Europe, or baseball in the United States. Crowds pack the stands at both Sha Tin and Happy Valley Racecourses where average attendance routinely reaches 10's of thousands per race day. It is truly an exciting event to attend live racing in Hong Kong.
Horse Racing betting pools routinely reach into the hundreds of millions of dollars. During the 2010 racing season the betting turnover reached HK$71.65 billion. The Hong Kong Jockey Club receives $10.4 billion in annual betting revenues from Sha Tin and Happy Valley. By comparison, all the thoroughbred racetracks in the U.S. combined take in just over $12 billion and there are 167 of them (source fortune magazine).
CEO of the Hong Kong Jockey Club Mr Engelbrecht-Bresges recently noted that the HKJC sustains employment for tens of thousands of people, often creating jobs at times and places where they were most needed. "A good example is the 4,000 new jobs we created during 2009, when many other organisations were still cutting back their staff levels after the financial downturn. This includes 2,500 in Tin Shui Wai, as part of an innovative project that has won numerous awards during the past year."
More than a million people in Hong Kong place $215 million in bets each race day. Roughly 650,000 people in this city of 6 million maintain internet betting accounts, so they can wager from virtually anywhere.
Purses are some of the richest in the world. Ensuring top class competition and routine foreign invaders, who try to take a piece of the large pie. Horse racing in Hong Kong is truly world-class. Horse racing fans everywhere should appreciate Hong Kong as a true racing paradise!!
The thrill and excitement of horse racing in Hong Kong is unmatched throughout the world. Thousands upon thousands of happy and enthusiastic spectators cheer and gasp as the horses cross the winning post.
Hong Kong Racing is thriving, with wagering up 33% since 2006 to U.S. $10.3 billion. Hong Kong is also known for large quality fields of horses. The average field size is currently 12.5 starters per race.
For most Chinese, gambling is a form of luck and entertainment. To gamble and win means you are truly a lucky person indeed. Come to the races in Hong Kong and enjoy a thrill of a lifetime.