The Government established The Ping Wo Fund in September 2003 to finance preventive and remedial measures to address the gambling-related problems. The Hong Kong Jockey Club has undertaken to donate to the Fund for the four-year period starting from 2023/24. The contribution is $45 million each year for the first two years and $50 million each year for the subsequent two years. The Fund also welcomes donations from the public. Members of the public can make donations through the following channels: (1) Direct deposit into The Hongkong and Shanghai Banking Corporation Limited account number “502-407851-001”; or (2) Make cheques payable to “The Secretary for Home and Youth Affairs Incorporated – The Ping Wo Fund” and deposit them into the above bank account.
The Ping Wo Fund aims to finance the following measures:
