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AsiaMacau Jockey Club Concession Termination: Ramifications and Owners' Dilemma

Macau Jockey Club Concession Termination: Ramifications and Owners’ Dilemma

The Macau Jockey Club (MJC) finds itself at the center of controversy following the Macau government’s decision to terminate its 24-year concession, effective from April 1, 2024. This move has left horse owners in a state of frustration and anger, as they grapple with the impending need to relocate their horses by March 31, 2025.

Meeting Fallout:
A recent meeting between the MJC and horse owners, held on January 26, shed light on the challenges that lie ahead. Notably, the absence of MJC management members at the meeting did not bode well for the already disgruntled owners. The focus of the meeting was on future arrangements for the horses, as mandated by the government.

Options Presented to Owners:
Owners were presented with two options during the meeting, both of which drew criticism and discontent. The first option was to transfer ownership of the horses to the MJC, with the promise that owners would be relieved of subsequent maintenance costs. The second option involved owners shipping their horses to other countries, accompanied by a monthly maintenance fee of MOP$8,000 until permanent relocation to mainland China.

Owner Dissatisfaction:
Many horse owners voiced their dissatisfaction, labeling the MJC’s approach as an attempt to pass the responsibility onto them rather than providing assistance. The absence of compensation in the event of horse transfer to the Jockey Club, coupled with owners bearing the financial burden of quarantine and transportation costs for overseas relocation, fueled discontent among the affected stakeholders.

Critical Decision Deadline:
The pressure on horse owners intensified as the MJC set a deadline of February 2 for them to make a decision. This looming deadline adds to the anxiety and uncertainty surrounding the future of the horses and their owners.

Export Destinations and MJC’s Role:
The MJC has suggested four potential export destinations for the horses: Mainland China, Malaysia, the United States, and Europe. However, the approval status of other destinations remains uncertain. The club has also decided to retain some of its stable staff to care for the horses until they are transferred to their designated locations.

Race Meet Suspension:
Compounding the turmoil, the MJC has suspended its planned race meet for the second consecutive week. The official explanation attributes this decision to the welfare of the horses, stating that frequent racing is detrimental to their health. This development raises questions about the club’s operational stability and the impact on the racing community.

Quantifying the Challenge:
The magnitude of the challenge becomes apparent when considering that the MJC currently oversees the relocation of 289 horses by March 31, 2025. This sizable number underscores the urgency and complexity of the situation, requiring careful consideration and collaboration between the stakeholders involved.

As the MJC grapples with the aftermath of the concession termination, horse owners are faced with difficult decisions and a sense of injustice. The road ahead is fraught with challenges, including financial burdens and logistical complexities. The government, MJC, and horse owners must navigate these challenges collaboratively to ensure the welfare of the horses and the equitable resolution of the situation. The equestrian community watches with anticipation as this unfolding saga reveals the future landscape of horse racing in Macau.

Statement: The data and information in this article comes from the Internet, and was originally edited and published by our. It is only for research and study purposes.

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