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.”