Hong Kong is one of the wealthiest places globally, so it is no surprise to see that the Hong Kong dollar is one of the most traded currencies globally. Is it any good for gambling online with, though? If so, where can you expect to play, and will those casinos accept HKD? You’ve come to the right place to find out.
Our team has put together an excellent casino list, jam-packed with the very best Hong Kong dollar casinos. Sure, the gambling laws in Hong Kong are notoriously strict, but that shouldn’t stop you from finding top HKD betting sites. Allow us to introduce you to a few of them right now.
The Hong Kong dollar (HKD) is the ninth most traded currency in the world. It has been in operation for over two hundred years and dates to the old Spanish silver dollar system that was in place in the Philippines. The dollar has remained in place (barring a brief period on World War II, where the Japanese yen was used) ever since. According to the joint Sino-British Declaration, Hong Kong has the autonomy to decide its own currency.
While this is currently the case, it would not be surprising to see China erode this fundamental basis in law away and eradicate the Hong Kong dollar in favour of the Chinese yuan. This freedom is not the only one under threat, though. Many in Hong Kong fear that the gambling sector currently operating would also become illegal under Chinese home rule.
Gambling in Hong Kong is strictly regulated but legal for the most part. Online gambling is less clear cut. Officially, owning an online gambling site is illegal, but the law doesn’t specify that playing at such a site is forbidden. Therefore, many millions of Chinese and Hongkongers regularly flock to offshore, international HKD casinos, where they can play Hong Kong dollar casino games in relative safety.