Every year, the Hong Kong Jockey Club (HKJC) earns an average of HK$1 billion or US$130 million from its racing activities. But this money does not go to private funds; rather, to different charitable institutions all across the region. Hence, HKJC is regarded as largest private donor in Hong Kong tantamount to the Rockefeller Foundation in the United States. The Club’s charity work is focused on 4 social aspects: community services, education and training, medical and health, and sports, recreation and culture. The community services aim to assist the social needs of its people. In 2000, the Club founded the “Jockey Club Centre for Positive Ageing” which gives priority to the welfare of the growing elder population, especially the patients of dementia. Medical and dental services were also provided in this program. In 2003, the “Hong Kong Jockey Club Centre for Suicide Prevention and Research” was established alongside with the “Intensive Employment Assistance Programme” which was a joined project of the Hong Kong Jockey Club Charities Trust and the Department of Social Welfare. The “Jockey Club Arts for the Disabled Scheme” was also begun during this year, a five-year program that aims to help disabled people fulfill their potential through arts. In 2005, HKJC launched a program for youth called “"P.A.T.H.S to Adulthood: A Jockey Club Youth Enhancement Project". It is more of a seminar that teaches adolescents to develop positive beliefs and values, enhance their self-confidence and sense of responsibility, and establish a self-identity.

HKJC also sees education as a way to reach out to young people. The “Hong Kong Jockey Club Education Fund” was established in 1960 and has helped nearly 150,000 secondary students to further their education. The Hong Kong University of Science and Technology was built in 1992 from the funds of the HKJC Charities Trust, while the “Hong Kong Jockey Club Scholarship Scheme” was established in 1998 to provide scholarships for local and Mainland students who want to pursue tertiary education in local universities. In 2005, the “Job Shadow Week” was launched to assist secondary students in training. 250 recipients were sent to leading companies and government bureaus under the supervision of their mentors.

HKJC works with the government and local institutions when it comes to medical and health services. In 2003, HKJC donated a sum of HK$500 million to the Department of Health for the establishment of the Center for Health protection, which opened on October 2004. In 2005, it granted HK$175 million to the Hong Kong University of Science and Technology to become a center for research on aging-related diseases. This project was in partnership with the Geron Corporation, an American company.

The earliest contribution of HKJC in sports is the Sha Tin racecourse. It was succeeded by other donations to promote sports and recreation in Hong Kong, e.g., Jockey Club Kau Sai Chau Public Golf Course, Victoria Park, Ocean Park, Kowloon Park, Hong Kong Park, and the Hong Kong Sports Institute. In 2005, HKJC provided funds to build the Hong Kong Football Academy, which will serve as the major residential training ground for Hong Kong's football teams. HK$103 million was granted to the Academy. The Club also donates yearly to the Hong Kong Arts Festival, as it believes that it will help nurture the Arts and Cultural sectors of Hong Kong.

Kanati.com.ph

In Hong Kong, horse racing is the most popular form of sporting and entertainment. Most races are held every wednesday night and Saturday afternoon. Most foreign visitors put horse racing as part of their itinerary.

Hong Kong has two racetracks which are Happy Valley and Sha Tin. Horses are imported from different countries, same as jockeys who came from different part of the world.

Night races commonly happen in Happy Valley Tracks, which thousand of fans cheering on their favorite horses under the midst of the night. While Sha Tin racetrack offers sophisticated horseracing facilities which most tourist and overseas visitors want to see. Sha Tin features a high-resolution diamond vision screen that is the longest TV display in the world, while the unique, retractable roof in the Parade Ring has set a new standard of comfort and access for racing fans.

So when visit Hong Kong, include horse racing in your itinerary don't miss the different kind of experience.

http://www.kanati.com.ph

What is an ADW or Advance Deposit Wagering? Well, ADW means a wager in which a person who has opened an account in advance with a licensee can place bets from this account in person, by telephone or other even online/over the internet.

 

You can encounter the word ADW in Pari-mutuel, a gambling involves betting on horse or greyhound, harness racing.

 

For quick view how ADW looks like here are some sites offered Advance Deposit Wagering:

 

Premier Turf Club

You bet

Racing Channel

Xpressbet

Tvgnetwork

 

Kanati Inc. A Software development company who write and develop ADW platforms for Premier turf Club

Do you know that Horse Racing is also known as the sports of Kings? Well, this competitive racing of horses was came originally from the prehistoric nomadic tribesmen of Central Asia who first domesticated the horse about 4500 BC. An equestrian sports that was first flourished as the sports of noble and kings. Example of this was the Chariot races of Roman times, also the contest of the steeds of the God Odin and the giant Hrungnir in Norse Mythology.

 

For over a thousand years, modern racing was born and have venue for legalized gambling that penetrated world wide.

 

TRIVIA about Horse Racing

 

Horse racing is the second most widely attended U.S. spectator sport, after baseball. In 1989, 56,194,565 people attended 8,004 days of racing, wagering $9.14 billion. Horse racing is also a major professional sport in Canada, Great Britain, Ireland, Western Europe, Australia, New Zealand, South Africa, and South America.

 

Source of Information:

 

Wikipedia

Mr.Mike.com

 

 

Kanati Inc. The maker of Racing Platforms