The Hong Kong Government launched a public consultation to legalise basketball betting and crack down on growing illegal gambling operations.
Proposed changes to the Betting Duty Ordinance would let the Secretary for Home and Youth Affairs license basketball betting operators.
The system would follow the current football betting model regulated by the Hong Kong Jockey Club for consistency and control.
Authorities estimate illegal basketball bets in 2024 reached HK$70 to HK$90 billion, fueling concerns about unchecked underground markets.
Unregulated online platforms thrive due to digital payments and cryptocurrency, making them hard for law enforcement to track or shut down.
The new licence would allow bets only on selected competitions to prevent match-fixing and protect the integrity of the sport.
Games involving Hong Kong teams or played locally would remain off-limits for betting under the proposed rules.
Licensed operators couldn’t accept credit bets or take wagers from underage users, ensuring stronger protections for vulnerable individuals.
Betting sites must display warnings about excessive gambling and share support services for those facing gambling-related issues.
Officials say they don’t promote gambling but want to control it through regulation to meet demand and reduce illegal activity.
Residents can submit feedback on the proposal by email, fax, or post before the consultation ends in early May.
The proposed law aims to reduce harm, enforce standards, and replace risky underground gambling with a safer, legal option.
If passed, the Hong Kong Jockey Club would remain the only legal operator, ensuring centralised control and clear accountability.
More countries now regulate betting to fight crime and protect consumers, a trend Hong Kong may soon join.
Instead of ignoring demand, the Government wants to guide it through strict regulation and targeted public education campaigns.
Public opinion will help refine the final policy, shaping how basketball betting operates under a new legal structure.
The plan includes a fixed licence term, betting limits, and enforcement of all consumer protection measures.
The Government published the consultation paper online, inviting the public to help shape sports betting policy.
Regulated basketball betting could generate tax revenue, reduce illegal trade, and build a safer, more transparent gambling environment.
