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The Hong Kong Jockey Club is authorised by the Government to supply wagering, through its subsidiaries, on horse racing and football and to operate the Mark Six lottery. This ensures that regulated channels are available to satisfy public demand for wagering and lottery providers, thereby helping the Government to combat unlawful gambling. It additionally ensures that any proceeds benefit the community as a whole, whether or not in the type of tax and responsibility to Government, proceeds to the Lotteries Fund, or by way of the Club’s own charity donations. According to police, the cash was deposited into the 20-year-old’s account and around HK$150,000 had been used for “personal functions,” together with dining and entertainment. Meanwhile, round HK$270,000 was used for playing in a Hong Kong Jockey Club account, which confirmed data of betting. The suspect, a singer, was also apprehended for coping with property identified or believed to symbolize the proceeds of an indictable offence.
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