The government in China’s gambling hub of Macau said Monday that after more than 40 years, there will be no more horse racing in the city and announced plans to terminate its contract with the city’s Jockey Club this April.
Many familiar North American jockeys have plied their trade in Macau including multiple Canadian champion Eurico Rsa da Silva, who won some 300 races there before he came to Canada.
The gaming hub on China’s south coast near Hong Kong is home to various gambling businesses, which form a major pillar of its economy. But the Jockey Club, acquired by a consortium led by late casino tycoon Stanley Ho in 1991, has faced financial woes in recent years.