Macau and Hong Kong will no longer be the only parts of China where it is legal to place a bet, after the government approved the establishment of the Orient Lucky City horse racecourse in Wuhan. Races could begin as early as September this year, although betting may not be introduced until 2009.
“The announcement is being seen as the beginning of legalised gambling on horse racing on the mainland,” state media reports, adding that the re- introduction of horse racing in China “could drive out illegal online gambling.”
The city of Wuhan – a popular site for horse racing in the early 20th century – undertook a study on horse racing in 2005, and claims that gaming revenues from the proposed racecourse could reach RMB100bn per year. Horse racing was banned in China after 1949.
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Macau and Hong Kong will no longer be the only parts of China where it is legal to place a bet, after the government approved the establishment of the Orient Lucky City horse racecourse in Wuhan. Races could begin as early as September this year, although betting may not be introduced until 2009.
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