As reported by the Thoroughbred Times: "The Hong Kong racing season concluded on Sunday with approximately $7.73-billion in total handle, a 4.3% decrease from the 2004-'05 season and the continuation of a ten-year slide. "Ron Arculli, chairman of the Hong Kong Jockey Club, pointed to the handle figures in emphasizing the importance of a bill that would reform the way Hong Kong racing is taxed. ".Arculli is leaving the Hong Kong Jockey Club after four years as chairman."
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