The Hong Kong Jockey Club (HKJC) set yet more turnover records in its most recent fiscal year, which is basically about what you’d expect considering the club has no legal competition.

Thursday saw the HKJC release its annual results for the 12 months ending June 30, during which the gambling monopoly generated total turnover of HK$234b (US$29.8b). This astronomical sum is 8.1% higher than the HKJC reported during its fiscal 2016-17.

From this turnover, the HKJC made a return to the special administrative region’s government of HK$22.6b, contributed HK$1.2b to the Lotteries Fund and charitable donations of HK$4.2b, all of which are also records.

Racing turnover was up 6% year-on-year to a record HK$122.8b, thanks to the HKJC’s commitment to commingling its pools with other international racing giants (now 38 partners in 10 regions). The total amount wagered via commingling was up 154.8% to HK$16.6b, equal to 13.3% of 2017-18’s total.