Hong Kong to Consider Legalization of Basketball Betting to Address Fiscal Deficit
In an effort to mitigate its nearly HK$100 billion (US$12.9 billion) fiscal deficit, Hong Kong’s finance chief is reportedly considering the legalization of basketball betting, a move anticipated to significantly boost government revenue. This revelation comes just days before Financial Secretary Paul Chan Mo-po is scheduled to deliver his budget speech, highlighting the government’s proactive approach to economic recovery. Expansion of […]
In an effort to mitigate its nearly HK$100 billion (US$12.9 billion) fiscal deficit, Hong Kong’s finance chief is reportedly considering the legalization of basketball betting, a move anticipated to significantly boost government revenue. This revelation comes just days before Financial Secretary Paul Chan Mo-po is scheduled to deliver his budget speech, highlighting the government’s proactive approach to economic recovery. Expansion of […]
