The Hong Kong Jockey Club has reportedly announced the launch of a new mobile-friendly app that allows sportsbetting aficionados in the former British enclave to place real-money wagers on games of soccer.

According to a report from Inside Asian Gaming, punters can also utilize the GoalX innovation to watch selected live football games for free and access real-time statistics and other useful forms of information such as recent form and head-to-head records. The source detailed that the fresh advance is only available to members of The Hong Kong Jockey Club and moreover features biometric authentication and eWallet functionality that permit users to instantly transfer funds via the operator’s own Faster Payment System (FPS).

Local limitation:

Richard Cheung serves as the Customer and International Business Development Executive Director for The Hong Kong Jockey Club and he reportedly described GoalX as ‘the new addition to our suite of customer digital experience platforms.’ The executive purportedly disclosed that his firm’s latest advance is only available to users in Hong Kong but furthermore allows punters to access live odds and statistics as well as line-ups and alerts for in-game events such as goals.

Reportedly read a statement from Cheung…

“GoalX aims to address unmet customer needs in the current classic three-in-one app in terms of rich and live football information, easier to make transactions as well as biometric login, eWallet and funds transfer in one application.”

Adult appeal:

For its part and Gambling Insider reported that the iPhone and Android-friendly GoalX advance comes complete with a simplified user interface that automatically displays the availability of all upcoming wagering combinations and their expected dividends. This source explained that aficionados over the age of 18 can purportedly also use the innovation’s personalization aspects to set favorite teams or matches and access real-time commentaries.

Protracted presence:

One of the oldest institutions in Hong Kong due to being established in 1884, The Hong Kong Jockey Club holds a monopoly over all parimutuel horserace wagering in the enclave while additionally operating its Mark Six lottery and offering fixed-odds betting on overseas football events. The enterprise is moreover responsible for organizing races at the Happy Valley Racecourse and Sha Tin Racecourse facilities and is widely acknowledged as being the city’s largest single taxpayer and among its most prominent employers.

Considerable consequences:

The Hong Kong Jockey Club used its own Monday press release to pronounce that its GoalX app ‘offers a brand-new digital experience for customers’ before reminding the enclave’s 7.5 million residents that the maximum custodial sentence for those found guilty of utilizing illegal or overseas bookmakers currently stands at nine months with a fine of up to $3,860 an additional possibility.