HONG KONG, Sept 11 — Hong Kong has officially legalised betting on basketball games, hoping to dribble past the city’s illegal gambling scene. As reported by the South China Morning Post (SCMP), the Hong Kong Jockey Club is expected to be the sole licensed operator running the show. Lawmakers passed the Betting Duty (Amendment) Bill…
Hong Kong police have arrested 86 people, including triad members, in a sweeping 15-day crackdown on organised crime, ranging from theft and drug trafficking to illegal gambling and money laundering. The force on Tuesday said the operation, mounted between August 18 and September 1, had led to the arrest of 66 men and 20 women,…
Hong Kong police have arrested 86 people, including triad members, in a sweeping 15-day crackdown on organised crime, ranging from theft and drug trafficking to illegal gambling and money laundering. The force on Tuesday said the operation, mounted between August 18 and September 1, had led to the arrest of 66 men and 20 women,…
Hong Kong police have arrested more than 200 people in a crackdown on illegal gambling, with the force warning that operators are attracting patrons with easy e-payment options and all-day free catering. The force said on Friday that those arrested included 15 property owners, four building tenants and a person holding an account used to…
Hong Kong authorities are planning to engage the Jockey Club for discussions on adjusting the maximum betting limits for basketball to provide a regulated channel for such activities, as the government moves to legalise wagering for the sport. Secretary for Home and Youth Affairs Alice Mak Mei-kuen said on Saturday that lawmakers previously suggested the…
Meme stocks. They’re back! This time around it’s GoPro, Beyond Meat, Kohl, Krispy Kreme and Opendoor Tech. Think short squeezes, sudden price moves (Opendoor up 300% in a few months and down 50% in a week), lots of Reddit chat and much money made and lost. It’s all a lot of fun (bar the losing…
Police have arrested a 62-year-old Hong Kong woman suspected of running a gambling operation for allegedly mishandling a body after a man was discovered unresponsive in Sham Shui Po and later confirmed dead. The lady who filed the police report was arrested on charges of misleading officials, mishandling a deceased body, and running an illicit…
Hong Kong police have arrested 74 people in an anti-triad operation and seized HK$1.6 million (US$206,000) of drugs, including “space oil”, a narcotic which has rapidly become popular among youngsters. The 41 men and 33 women, aged between 19 and 70, were apprehended over 10 days and accused of operating gambling dens, trafficking drugs and…
The arguments for allowing legal betting on basketball are much the same as those for legalising football betting in 2003. Then, expansion of legal gambling beyond horse racing and Mark Six was justified to combat thriving illegal operations, which is now the case with rogue betting on basketball. The latter now turns over up to…
The daughter of an unemployed Hong Kong man who was accused of raping her 13 times over nine years has told a court she did not tell her mother about the attacks because the latter had herself been abused and could not protect her. The High Court on Tuesday heard the testimony from the defendant’s…