### Betting Duty Ordinance 《博彩稅條例》

6I. Authorization of betting on football matches
(1) Subject to subsection (2), the Secretary may, by issuing a licence to a company, authorize the company to conduct fixed odds betting or pari-mutuel betting on the results of, or contingencies relating to, football matches.
(2) The Secretary shall not issue the licence to a company unless the Secretary is satisfied that the company, and all the directors, principal officers and controllers of the company, are fit and proper persons for the purpose of this section.
(3) The term for which the licence is issued shall be specified in the licence.
(4) Issuance of the licence to a company is subject to the conditions that the company—
(a) shall not accept, or authorize any person to accept, bets from juveniles;
(b) shall not accept bets in any premises to which juveniles are permitted to have access;
(c) shall not pay dividends to juveniles;
(d) shall not advertise the conduct of betting on football matches on television or radio between the hours of 4:30 p.m. and 10:30 p.m. on any day; (Amended E.R. 5 of 2021)
(e) shall not, in conducting any advertising or promotional activity—
(i) target juveniles;
(ii) exaggerate the likelihood of winning; or
(iii) expressly or impliedly suggest that betting on football matches is a source of income or a viable way to overcome financial difficulties;
(f) shall not accept bets on credit, or accept credit cards as a means of payment for placing bets; and
(g) shall conspicuously display and keep displayed notices that comply with subsection (6)—
(i) in any premises where the company accepts bets; and
(ii) on any web site through which the company accepts bets.
(5) Issuance of the licence is also subject to such conditions as the Secretary may think fit to impose, including but not limited to conditions relating to—
(a) the categories of matches on which betting may be conducted;
(b) the manner and form in which bets may be accepted;
(c) the keeping of premises for accepting bets, the number of such premises and the persons who may have access to such premises; and
(d) the provision of information to the Secretary.
(6) Any notice referred to in subsection (4)(g) shall—
(a) contain a warning of the seriousness of the problems caused by excessive gambling; and
(b) provide information on the services and facilities available in Hong Kong to problem gamblers and pathological gamblers.
(7) (Repealed 17 of 2006 s. 16)

### Betting Duty Ordinance 《博彩稅條例》

6J. Football betting duty
(1) A duty is charged at the rate of 50% on the net stake receipts that are derived from the conduct of authorized betting on football matches by a football betting conductor in respect of each charging period.
(2) The duty shall be payable by the football betting conductor.
(3) The Legislative Council may, by resolution, amend the rate of duty specified in subsection (1).

6K. Calculation of net stake receipts
(1) Subject to any adjustments made under section 6L, the net stake receipts that are derived from the conduct of authorized betting on football matches by a football betting conductor in respect of a charging period is calculated by using the following mathematical formula—
A – B
where—

A represents the total amount of bets that are—
(a) accepted by the conductor; and
(b) relevant to that charging period;
B represents the total amount of dividends that have, within that charging period, become payable by the conductor.

(2) For the purpose of subsection (1), a bet is relevant to a charging period if, within that charging period, the conductor becomes—
(a) entitled to forfeit the bet; or
(b) liable to pay a dividend on the bet.
(3) If—
(a) the conductor’s licence is revoked or otherwise terminated; and
(b) after the termination, the company to which the licence was issued becomes—
(i) entitled to forfeit a bet that was accepted before the termination; or
(ii) liable to pay a dividend on the bet,
then—
(c) the bet is taken to be relevant to the last charging period; and
(d) any dividend that becomes payable after the termination is taken to have become payable within the last charging period.

### Betting Duty Ordinance 《博彩稅條例》

6L. Adjustments to net stake receipts
(1) For the purpose of section 6K, the net stake receipts that are derived from the conduct of authorized betting on football matches by a football betting conductor in respect of a charging period shall be adjusted by adding an amount that is calculated by using the following mathematical formula—
(C – D) + (E – F)
where—

C represents the total amount of dividends that—
(a) are payable by the conductor; and
(b) have, within that charging period, become unclaimed dividends;
D represents the total amount of unclaimed dividends that are subsequently paid, within that charging period, by the conductor;
E represents the total amount of dividends that become, within that charging period, payable to the conductor on hedging bets placed by the conductor;
F represents the total amount of hedging bets that are—
(a) paid or payable by the conductor; and
(b) relevant to that charging period.

(2) For the purpose of subsection (1)—
(a) if the dividend payable on a hedging bet is expressed in a currency other than Hong Kong dollars, the amount of the dividend shall be converted to Hong Kong dollars at an exchange rate that is acceptable to the Collector as prevailing in Hong Kong when the dividend becomes payable;
(b) if the amount paid or payable for a hedging bet is expressed in a currency other than Hong Kong dollars, the amount shall be converted to Hong Kong dollars at an exchange rate that is acceptable to the Collector as prevailing in Hong Kong when the amount becomes payable; and
(c) a hedging bet is relevant to a charging period if, within that charging period, the person who received the bet becomes—
(i) entitled to forfeit the bet; or
(ii) liable to pay a dividend on the bet.
(3) If, after the last charging period—
(a) a dividend becomes an unclaimed dividend, the dividend is taken to have become an unclaimed dividend within the last charging period;
(b) an unclaimed dividend is subsequently paid, the unclaimed dividend is taken to have been paid within the last charging period;
(c) a dividend becomes payable on a hedging bet, the dividend is taken to have become payable within the last charging period; and
(d) the person who has received a hedging bet becomes—
(i) entitled to forfeit the bet; or
(ii) liable to pay a dividend on the bet,
the bet is taken to be relevant to the last charging period.
(4) In this section—
(a) if a dividend is not paid within 60 days after the day on which the dividend becomes payable, the dividend becomes an unclaimed dividend at the end of the 60 days;
(b) hedging bet (對沖投注) means, subject to section 6V(6), a bet that is placed by the conductor under section 6U.