The Hong Kong Jockey Club (HKJC) turned in another record performance in its most recent fiscal year but it could take a serious weather-related hit this weekend.

Thursday saw the HKJC hold its annual general meeting, at which it revealed that its total racing, sports betting and lottery turnover in the 12 months ending June 30 was up 6.8% year-on-year to HKD 216.5b (US $27.7b), while contributions to the government through duties, taxes and charitable donations rose nearly 17% to a record HKD 30.5b.

The club’s mainstay racing operations reported turnover rising nearly 8% to HKD 115.8b, while its sports lottery turnover gained 6.8% to HKD 92.7b. The Mark Six lottery was the lone decliner, reporting sales falling 6.2% to HKD 8b.

Despite the HKJC’s much-heralded commingling deals with international racing partners, their contributions to the total pie remain modest. While commingling turnover enjoyed 77% year-on-year growth, international wagers amounted to HKD 6.1b, just 5% of the total, while commingling revenue rose 43% to HKD 361m, 7% of the total.