Betting on uncertainty: Prediction markets derail Hong Kong’s basketball betting plans

Litigation partner Vincent Law and associate Ka Wai Leung discuss the pause on legalising basketball betting in Hong Kong in the June 2026 issue of Hong Kong Lawyer.

The article examines Hong Kong’s abrupt pause in legalising basketball betting in 2026, despite earlier legislative approval and plans for rollout. It also explores concerns over emerging prediction markets and their uncertain legal status, highlighting potential impacts on gambling regulation and future reforms.