HONG KONG JOCKEY CLUB (THE) 香港賽馬會
6 months' jail for ex-HKJC manager for watch bribe for favouring co-organiser of equestrian events
ICAC, 10-Apr-2024
ICAC, 10-Apr-2024
Former HKEX executive and consultant acquitted of corruption charges
South China Morning Post, 3-Dec-2021
South China Morning Post, 3-Dec-2021
HK's cash for IPOs bribery trial enters the final stages
Asian Corporate Governance Association, 21-Sep-2021
Kudos to ACGA's Vivian Yau for sitting through 6 weeks of evidence and providing this detailed account.
Asian Corporate Governance Association, 21-Sep-2021
Kudos to ACGA's Vivian Yau for sitting through 6 weeks of evidence and providing this detailed account.
Former HKEX IPO vetting chief pleads not guilty as trial begins
Bloomberg, 9-Aug-2021
The alleged corruption involves 12 listings, of which 2 were on the main board and 10 on the GEM, from 2015 to 2019.
Bloomberg, 9-Aug-2021
The alleged corruption involves 12 listings, of which 2 were on the main board and 10 on the GEM, from 2015 to 2019.
Consultancy firm operator gets 16 months' jail for HK$680k bribery over HKJC membership application
ICAC, 31-Dec-2019
ICAC, 31-Dec-2019
Consultant guilty of HK$680k bribery over HKJC membership application
ICAC, 13-Dec-2019
Comment: with only 200 Voting Members able to nominate new members of the Club, and the incorrect presumption of respectability that membership buys, the system invites corruption. The Club should just sell available memberships by regular sealed tender and stop trying to act as arbiters of probity.
ICAC, 13-Dec-2019
Comment: with only 200 Voting Members able to nominate new members of the Club, and the incorrect presumption of respectability that membership buys, the system invites corruption. The Club should just sell available memberships by regular sealed tender and stop trying to act as arbiters of probity.
Man charged with HK$680k conspiracy to bribe HKJC members
ICAC, 19-Dec-2018
Comment: It's been a while since the last one, but with only 200 Voting Members able to nominate new members of the Club, and the incorrect presumption of respectability that membership buys, the system invites corruption. The Club should just sell the available memberships by regular sealed tender and stop trying to act as arbiters of probity.
ICAC, 19-Dec-2018
Comment: It's been a while since the last one, but with only 200 Voting Members able to nominate new members of the Club, and the incorrect presumption of respectability that membership buys, the system invites corruption. The Club should just sell the available memberships by regular sealed tender and stop trying to act as arbiters of probity.
Hong Kong's not-so-free economy
The US-based Heritage Foundation has, as always, ranked HK as the freest economy in the World. For once, the Government doesn't accuse foreign forces of interfering in HK's internal affairs. But this rosy view is not held by those who take the time to study the domestic economy. Here are a few things that Heritage may have overlooked. (4-Feb-2018)
The US-based Heritage Foundation has, as always, ranked HK as the freest economy in the World. For once, the Government doesn't accuse foreign forces of interfering in HK's internal affairs. But this rosy view is not held by those who take the time to study the domestic economy. Here are a few things that Heritage may have overlooked. (4-Feb-2018)
Trio charged with HK$2.2m HKJC souvenir purchase orders fraud
ICAC, 10-Jul-2017
Yim Sze Sum, a former HKJC manager, is alleged to have conspired with Carl Wong Chow and his daughter Cecilia Wong Chi Yan, directors and shareholders of Empire Printing & Production Specialist Ltd, to rig 4 tenders by using 2 other companies under common control to "compete" for the work.
ICAC, 10-Jul-2017
Yim Sze Sum, a former HKJC manager, is alleged to have conspired with Carl Wong Chow and his daughter Cecilia Wong Chi Yan, directors and shareholders of Empire Printing & Production Specialist Ltd, to rig 4 tenders by using 2 other companies under common control to "compete" for the work.
Bruce James Stinson v Gu Ming Gao
HK Court of First Instance, 15-Jun-2016
"The proliferation of interlocutory applications after the service of witness statements and after the introduction of the [Civil Justice Reform] is amazing" - Deputy Judge Kenneth Kwok.
HK Court of First Instance, 15-Jun-2016
"The proliferation of interlocutory applications after the service of witness statements and after the introduction of the [Civil Justice Reform] is amazing" - Deputy Judge Kenneth Kwok.
Bruce James Stinson v Gu Ming Gao
HK Court of First Instance, 26-Feb-2016
The pre-race jousting continues as Mr Stinson obtains an order for further HKJC betting records from Mr Gu.
HK Court of First Instance, 26-Feb-2016
The pre-race jousting continues as Mr Stinson obtains an order for further HKJC betting records from Mr Gu.
Last batch of defendants sentenced for sick leave fraud
ICAC, 25-Aug-2015
Mr Cheung Siu Fai wins the frequent-liar prize for obtaining the largest number of false sick leave certificates from the Chinese Medicine Practitioner Chan Tung, with 193 of them.
ICAC, 25-Aug-2015
Mr Cheung Siu Fai wins the frequent-liar prize for obtaining the largest number of false sick leave certificates from the Chinese Medicine Practitioner Chan Tung, with 193 of them.
Chinese medicine practitioner admits selling 652 false sick notes
ICAC, 5-Jun-2015
The fact that these notes only fetched HK$30 each suggests that there is plenty of competition in this sector. The Jockey Club and Department of Health employees who used them earned $92,200 or an average $141 per note, plus the travel costs they saved by not going to work.
ICAC, 5-Jun-2015
The fact that these notes only fetched HK$30 each suggests that there is plenty of competition in this sector. The Jockey Club and Department of Health employees who used them earned $92,200 or an average $141 per note, plus the travel costs they saved by not going to work.
Andy Chiu Koon Ming v Fentons Racing Syndicate
| Blazing Speed results
HK Court of First Instance, 17-Apr-2015
An argument over the winnings of Blazing Speed, a horse.
HK Court of First Instance, 17-Apr-2015
An argument over the winnings of Blazing Speed, a horse.
An aerial tour of HK's monopolies and anti-competitive practices
The slides from a presentation by Webb-site founder David Webb to the Asian Competition Forum at Polytechnic University this morning. When you get to slide 30, click the box to launch the online video. (9-Dec-2014)
The slides from a presentation by Webb-site founder David Webb to the Asian Competition Forum at Polytechnic University this morning. When you get to slide 30, click the box to launch the online video. (9-Dec-2014)
18 more Jockey Club telebet staff charged with HK$53k sick leave fraud
ICAC, 26-Nov-2014
That makes 25 so far.
ICAC, 26-Nov-2014
That makes 25 so far.
Bruce James Stinson v Gu Ming Gao
HK Court of First Instance, 2-Apr-2014
An interesting glimpse into profitable computerised horse-race betting in HK.
HK Court of First Instance, 2-Apr-2014
An interesting glimpse into profitable computerised horse-race betting in HK.
Vatican/ Jockey Club election guide
Your guide to the forthcoming (s)elections of new leaders in these venerable institutions. (12-Mar-2013)
Your guide to the forthcoming (s)elections of new leaders in these venerable institutions. (12-Mar-2013)
HKSAR v Robert Ng Ka Ki (aka Robert Woo), Alan Lam Wai Chee & Billy Tang Kang Chung
HK Court of Appeal, 12-Mar-2013
HK Court of Appeal, 12-Mar-2013
Two more set free in Jockey Club fraud case
China Daily, 2-Jun-2012
Daniel Tong is acquitted while John Douglas Mackie is discharged due to deteriorating health.
China Daily, 2-Jun-2012
Daniel Tong is acquitted while John Douglas Mackie is discharged due to deteriorating health.
HKSAR v Alan Lam Wai Chee & Billy Tang Kang Chung: reasons for sentence
HK District Court, 30-May-2012
HK District Court, 30-May-2012
HKSAR v Alan Lam Wai Chee & Billy Tang Kang Chung: reasons for verdict.
HK District Court, 8-May-2012
HK District Court, 8-May-2012
Joseph Lau buys 3 Deep Water Bay Road from Chinese Estates (0127), avoids 19.25% stamp duty
Company announcement, 7-Nov-2011
He is actually buying a BVI subsidiary which owns the house, known as "Lynx Hill". That company bought the house by tender from the HK Jockey Club for HK$888.8m on 17-Aug-2011. If it had sold him the property, the transaction would have cost a punitive 15% Special Stamp Duty (for resale within 6 months) and 4.25% regular stamp duty, a total duty of 19.25% or HK$171m. By buying the BVI company, there is no duty payable. Famously the wife of the clerk of the course was murdered there in 1978 during a robbery.
Company announcement, 7-Nov-2011
He is actually buying a BVI subsidiary which owns the house, known as "Lynx Hill". That company bought the house by tender from the HK Jockey Club for HK$888.8m on 17-Aug-2011. If it had sold him the property, the transaction would have cost a punitive 15% Special Stamp Duty (for resale within 6 months) and 4.25% regular stamp duty, a total duty of 19.25% or HK$171m. By buying the BVI company, there is no duty payable. Famously the wife of the clerk of the course was murdered there in 1978 during a robbery.
This week's Jockey Club member charged with bribery and fraud over membership scam
ICAC, 29-Aug-2011
ICAC, 29-Aug-2011
Trio charged over HKJC membership scams
ICAC, 13-Jul-2011
This is the third such case in recent years - does that make them the "triple trio"?
ICAC, 13-Jul-2011
This is the third such case in recent years - does that make them the "triple trio"?
Four in court for alleged bribery and deception over Jockey Club membership
ICAC, 16-May-2011
We note that Robert Woo Ka Ki and Daniel Tong Kam Pui jointly owned a race horse called "Quick Money" - yes, really!
ICAC, 16-May-2011
We note that Robert Woo Ka Ki and Daniel Tong Kam Pui jointly owned a race horse called "Quick Money" - yes, really!
HKJC sample Full Membership application form
(19-Nov-2010)
(19-Nov-2010)
HKJC sample Racing Membership application form
(19-Nov-2010)
(19-Nov-2010)
The current M&A of The Hong Kong Jockey Club
(19-Nov-2010)
(19-Nov-2010)
Mucking out the Jockey Club
We look at the structural incentive for corruption in membership admission to HKJC, and its small-circle voting system, highlighted by yesterday's arrest of 3 of the 200 Voting Members. If private clubs wish to avoid the reputational risk of corruption, then they should adopt tender-based admission systems to remove the incentive and capture full value for their members. (18-Nov-2010)
We look at the structural incentive for corruption in membership admission to HKJC, and its small-circle voting system, highlighted by yesterday's arrest of 3 of the 200 Voting Members. If private clubs wish to avoid the reputational risk of corruption, then they should adopt tender-based admission systems to remove the incentive and capture full value for their members. (18-Nov-2010)
HKSAR v John Terence Hung
HK Court of Appeal, 3-May-2010
"If judges, who are members of the Jockey Club, were to recuse themselves from hearing the appeal, it will be difficult to have a panel of judges to hear the appeal..."
HK Court of Appeal, 3-May-2010
"If judges, who are members of the Jockey Club, were to recuse themselves from hearing the appeal, it will be difficult to have a panel of judges to hear the appeal..."
John Hung resigns as INED of Stella to devote more time to "personal matters"
Company announcement, 11-Nov-2008
Company announcement, 11-Nov-2008
Hong Kong's casino
Never mind Lantau, Hong Kong does have a fully operational casino with a legally protected monopoly. We comment on the M-chip craze and the hypocrisy that permits the public to take risks in the markets and on property, but prohibits risk-taking in other forms of gambling outside of the Jockey Club monopoly. We call for liberalisation of the gambling sector. (24-Nov-2004)
Never mind Lantau, Hong Kong does have a fully operational casino with a legally protected monopoly. We comment on the M-chip craze and the hypocrisy that permits the public to take risks in the markets and on property, but prohibits risk-taking in other forms of gambling outside of the Jockey Club monopoly. We call for liberalisation of the gambling sector. (24-Nov-2004)
HKEx to Merge with Jockey Club
In another scoop, Webb-site.com has learned of secret plans to merge the HKEx and the Jockey Club, capitalising on the obvious synergies of the casino-like stock market and the broad gambling customer base of the Jockey Club. The move has implications for the MPF as well as the battle against offshore football betting. Read our exclusive story... (1-Apr-2001)
In another scoop, Webb-site.com has learned of secret plans to merge the HKEx and the Jockey Club, capitalising on the obvious synergies of the casino-like stock market and the broad gambling customer base of the Jockey Club. The move has implications for the MPF as well as the battle against offshore football betting. Read our exclusive story... (1-Apr-2001)
Investors face losses of up to HK$250m after the mysterious death of a businessman and racehorse owner
South China Morning Post, 2-Apr-2000
South China Morning Post, 2-Apr-2000
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