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China’s gambling hub of Macao bids farewell to horse racing tradition after more than 40 years

2024-04-01 - (from US general38)

Macao's horse racing track hosted its final races on Saturday, ending the sport in the city famed for its casinos after more than 40 years, officials said.

After more than 40 years, Macao’s horse racing track hosted its final races on Saturday, bringing an end to the sport in the city famous for its massive casinos.In January, the city’s government said it would terminate its contract with the Macao Jockey Club in April. The decision came at the request of the Macao Horse Race Company, which cited operational challenges as part of the reasons for the closure.On Saturday, gamblers congregated in the half-full stands and placed their final bets. Some tourists also visited the track.HORSE RACING OVERSIGHT BOARD REPORTS EQUINE FATALITY RATE OF 1.23 PER 1,000 AT TRACKS IT REGULATESMai Wan-zun, a student from mainland China in Macao, said she wanted to get a taste of the atmosphere. "We could come to see horse racing here in Macao, but not in mainland China," she said.Helena Chong, a Macao resident, decided to visit the race course for the first and last time to see what it's all about."It’s a pity to see the end of all this gambling and entertainment," she said.Horse racing in the former Portuguese colony has struggled with economic challenges in recent years and has yet to rebound from the impacts of the COVID-19 pandemic. Its jockey club had accumulated operating losses of over $311 million, the Macau News Agency earlier reported.Under the termination arrangement, the horse racing firm had pledged to arrange for transportation of owners’ horses to other locations by March 2025, and handle the company’s employees according to the law, the government said.In neighboring Hong Kong, horse-racing remains popular and profitable. Its jockey club runs various gambling activities and is the city’s major donor of many charity works.

------------------------------ Title: China’s gambling hub of Macao bids farewell to horse racing tradition after more than 40 years Summary: Macao's horse racing track hosted its final races on Saturday, ending the sport in the city famed for its casinos after more than 40 years, officials said. [content] After more than 40 years, Macao’s horse racing track hosted its final races on Saturday, bringing an end to the sport in the city famous for its massive casinos.In January, the city’s government said it would terminate its contract with the Macao Jockey Club in April. The decision came at the request of the Macao Horse Race Company, which cited operational challenges as part of the reasons for the closure.On Saturday, gamblers congregated in the half-full stands and placed their final bets. Some tourists also visited the track.HORSE RACING OVERSIGHT BOARD REPORTS EQUINE FATALITY RATE OF 1.23 PER 1,000 AT TRACKS IT REGULATESMai Wan-zun, a student from mainland China in Macao, said she wanted to get a taste of the atmosphere. "We could come to see horse racing here in Macao, but not in mainland China," she said.Helena Chong, a Macao resident, decided to visit the race course for the first and last time to see what it's all about."It’s a pity to see the end of all this gambling and entertainment," she said.Horse racing in the former Portuguese colony has struggled with economic challenges in recent years and has yet to rebound from the impacts of the COVID-19 pandemic. Its jockey club had accumulated operating losses of over $311 million, the Macau News Agency earlier reported.Under the termination arrangement, the horse racing firm had pledged to arrange for transportation of owners’ horses to other locations by March 2025, and handle the company’s employees according to the law, the government said.In neighboring Hong Kong, horse-racing remains popular and profitable. Its jockey club runs various gambling activities and is the city’s major donor of many charity works. [/content] PublishedDate: 2024-04-01 Category: USA NewsPaper: US general38 Tags: 9e78cf73-4f6e-55a2-8eda-ec716451c8a7, fnc, Fox News, fox-news/world/world-regions/china, fox-news/topic/associated-press, fox-news/sports/horse-racing, fox-news/politics/executive/law, fox-news/world, article

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"title"=>"China’s gambling hub of Macao bids farewell to horse racing tradition after more than 40 years",
"summary"=>"Macao's horse racing track hosted its final races on Saturday, ending the sport in the city famed for its casinos after more than 40 years, officials said.",
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After more than 40 years, Macao’s horse racing track hosted its final races on Saturday, bringing an end to the sport in the city famous for its massive casinos.

In January, the city’s government said it would terminate its contract with the Macao Jockey Club in April. The decision came at the request of the Macao Horse Race Company, which cited operational challenges as part of the reasons for the closure.

On Saturday, gamblers congregated in the half-full stands and placed their final bets. Some tourists also visited the track.

HORSE RACING OVERSIGHT BOARD REPORTS EQUINE FATALITY RATE OF 1.23 PER 1,000 AT TRACKS IT REGULATES

Mai Wan-zun, a student from mainland China in Macao, said she wanted to get a taste of the atmosphere. \"We could come to see horse racing here in Macao, but not in mainland China,\" she said.

Helena Chong, a Macao resident, decided to visit the race course for the first and last time to see what it's all about.

\"It’s a pity to see the end of all this gambling and entertainment,\" she said.

Horse racing in the former Portuguese colony has struggled with economic challenges in recent years and has yet to rebound from the impacts of the COVID-19 pandemic. Its jockey club had accumulated operating losses of over $311 million, the Macau News Agency earlier reported.

Under the termination arrangement, the horse racing firm had pledged to arrange for transportation of owners’ horses to other locations by March 2025, and handle the company’s employees according to the law, the government said.

In neighboring Hong Kong, horse-racing remains popular and profitable. Its jockey club runs various gambling activities and is the city’s major donor of many charity works.

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