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Oddly Enough

Race horses to bring in gold in Hong Kong

Tuesday, January 28, 2014 - 01:15

Jan. 28Horse racing is expected to bring in golden turnover in the upcoming Chinese New Year of the Horse in Hong Kong. Elly Park reports.

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It's good to be a racehorse in Hong Kong. From equine pools to state of the art walking machines, their care is impeccable - costing an average of $3,900 U.S. dollars per animal per month, which is far above the city's median household income of $2,700. The reason? The city's seven million or so residents love gambling on horse racing, otherwise illegal in most other parts of the country. Hong Kong Jockey Club's Andy Clifton. SOUNDBITE: Andy Clifton, Executive Manager of Public Affairs at the Hong Kong Jockey Club, saying (English) "Yes, last season was a very successful one for us. We had over 2 million people at the racecourse and turnover was HK$94 billion (US$258 million) on racing, which was an all-time record." The all-time record was set by mostly male retirees, although the sport has a hard time attracting young fans. First time spectator Helen Tong explains why. SOUNDBITE: Helen Tong, Spectator, saying (Cantonese) "Many spectators have done a lot of homework before coming here. It's almost like taking an exam." But with this year being the Year of the Horse, it's expected that more will take an interest in this pastime.

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Race horses to bring in gold in Hong Kong

Tuesday, January 28, 2014 - 01:15