Hong Kong proposes 50% duty on net profits from basketball betting
Public consultation on legalising basketball gambling supported by 94 per cent of respondents, government says

Hong Kong authorities have proposed a 50 per cent duty on the operators’ net betting profits from basketball gambling, while a public consultation found that 94 per cent of respondents supported legalising such activities.
“The government’s policy is not to encourage gambling. We adopt a multipronged approach targeting illegal betting. Law enforcement and strengthening efforts in it are our foremost measures,” Secretary for Home and Youth Affairs Alice Mak Mei-kuen said.
“Another measure will be promotion, education and counselling services. The last resort is when illegal gambling activities have become rampant; we need a limited and legal channel to divert illegal gambling activities into legal betting.”
The proposal will be discussed at a meeting of Legco’s home affairs, culture and sports panel on Monday.