Macanese Race Wagering
In 1988, a Taiwanese company bought the Macao Trotting Club, changed the racecourse from harness racing to flat racing and had its first race in September 1989.
Unfortunately, after its first year the business was floundering. Eventually STDM bought the business for HKD 1 billion. The Macao Trotting Club was renamed the Macao Jockey Club (MJC). Races were then restored in February 1991. The MJC is one of Macau’s largest private employers.
To help increase revenues for horse and dog racing in Macau, the government granted approval in August 2003 for related franchise operators to accept online bets over the Internet. Currently, the MJC has approval to simulcast and accept bets on races in Hong Kong, Singapore, Malaysia and South Africa.
Macanese Race Wagering Properties
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