{"id":136285,"date":"2025-09-11T22:51:11","date_gmt":"2025-09-11T22:51:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/136285\/"},"modified":"2025-09-11T22:51:11","modified_gmt":"2025-09-11T22:51:11","slug":"exclusive-basketball-in-hong-kong-set-for-serious-funding-after-city-legalises-betting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/136285\/","title":{"rendered":"Exclusive | Basketball in Hong Kong set for \u2018serious\u2019 funding after city legalises betting"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A major restructuring of youth basketball in Hong Kong is expected to be announced this weekend, with the Jockey Club preparing to unveil a significant investment in the sport, sources have told the Post.<\/p>\n<p>The game-changing development will reportedly be revealed on Saturday, and follows the decision by city lawmakers on Thursday to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/hong-kong\/politics\/article\/3325129\/hong-kong-passes-law-legalising-basketball-betting-majority?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">legalise betting on the game<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to a previous estimate by the club, authorised basketball betting could generate HK$1.5 billion in tax revenue annually, though a source told the Post it may take three to four years to reach that level.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The plans, which one source called a \u201cserious commitment to the development of basketball\u201d, would be aimed at children and young people across Hong Kong, with a pathway to the elite levels of the sport included in what is expected to be a community-focused project.<\/p>\n<p><img decoding=\"async\" alt=\"Lawmakers have passed legislation to regulate basketball betting. Photo: Jelly Tse\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/073259ff-db7b-4f17-826f-29c4951767af_4d013fd2.jpg\" title=\"Lawmakers have passed legislation to regulate basketball betting. Photo: Jelly Tse\"\/>Lawmakers have passed legislation to regulate basketball betting. Photo: Jelly Tse<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Led and funded by the club\u2019s Charities Trust, the Post has been told that three non-government organisations \u2013 the Hong Kong Federation of Youth Groups (HKFYG), the Boys\u2019 and Girls\u2019 Clubs Association of Hong Kong, and InspiringHK Sports Foundation \u2013 have been approached to be part of the programme.<\/p>\n","protected":false},"excerpt":{"rendered":"A major restructuring of youth basketball in Hong Kong is expected to be announced this weekend, with the&hellip;\n","protected":false},"author":2,"featured_media":136286,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[574],"tags":[64,63,93890,726,93889,23230,93894,512,93895,93888,10340,93893,72355,93891,941,53573,27203,93892,277,5813,85,11069],"class_list":["post-136285","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basketball","tag-au","tag-australia","tag-bahkc","tag-basketball","tag-basketball-association-of-hong-kong","tag-basketball-betting","tag-boys-girls-clubs-association-of-hong-kong","tag-china","tag-east-asia-super-league","tag-hkjc","tag-hong-kong","tag-hong-kong-federation-of-youth-groups","tag-hong-kong-jockey-club","tag-inspiringhk-sports-foundation","tag-japan","tag-macau","tag-mongolia","tag-norman-chan-shui-tim","tag-philippines","tag-south-korea","tag-sports","tag-taiwan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/136285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=136285"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/136285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/136286"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=136285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=136285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=136285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}