The Hong Kong Special Administrative Region of the People’s Republic of China, or just Hong Kong, is an autonomous territory south of China.
This country was transferred from Britain to China in 1997 but it still maintains a separate political system from China as well as independent executive, legislative and judiciary powers.
This is good news for gamblers in this country as China’s official stance on gambling isn’t exactly friendly while Hong Kong has much more liberal views.
There are numerous land-based casinos and other betting establishments such as horse tracks, poker rooms, and bingo halls.
The Hong Kong Jockey Club owns a state-sanctioned monopoly on horse racing, soccer betting, and lotteries.
One of the country’s most beloved games, Mahjong is exempt from these rules under certain conditions.
Online gambling is considered illegal here but players who participate do not face prosecution. Many offshore sites accept bets from residents here.
Top 10 Gambling Sites for Hong Kong  – Updated List
What are the Best Hong Kong Gambling Sites and Promotions?
Keeping in mind that laws prohibit online gambling here, the reality is that authorities here generally turn a blind eye to these activities. Most of the world’s highest-rated international gambling companies take bets from residents without any fear of reprisal although some sites have been blocked.
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How Regulated is the Hong Kong Gambling Market?
Land-based gambling establishments are heavily regulated in this country. The Hong Kong Jockey Club enjoys a monopoly and they run a tight ship. While penalties ranging from $10,000 and 3-months imprisonment up to $30,000 and 9-months behind bars have been handed down for illegal gambling, the authorities generally do not prosecute those who engage in online betting activities.
Is Gambling Legal in Hong Kong? What is the Legal Gambling Age?
This is a classic yes and no answer. Yes, most forms of gambling are legal and there are many options from casinos and horse tracks to bingo halls and lottery games. Online gambling, however, is illegal and while the law allows for pretty stiff penalties, players are generally not prosecuted. The legal age to place bets in this country is 18 although there is a growing movement to raise the age to 21.
Does Hong Kong Tax Gambling Winnings?
There are no taxes on gambling winnings here. It is widely thought that if online gambling becomes regulated here, there could possibly be a tax on winnings.
What Currencies and Payment Methods do Hong Kong Players Generally use?
The Hong Kong Dollar is the official currency in this country and it is accepted at all betting establishments. When online players are looking to make deposits and withdrawals from online gambling establishments, they don’t have quite as many options to choose from as residents of many other countries.
The most common and widely accepted methods are by major credit/debit cards. EWallets such as Skrill, Neteller, and WebMoney are also commonly accepted methods. Online gamers are advised to check their preferred online betting site to find an option that works for them.
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