We can't do it here because the government controls all gambling in Hong Kong and there is no gambling competition for horse racing. They also control horse breeding and training itself so it's the same horses all the time.

If you could ban all sports gambling and casinos here so horse racing was the only form of gambling, only have one racetrack open at a time, and have the federal government control every aspect of racing at that track, then you'd have comparable situations in the U.S. and Hong Kong.

Not denying the good aspects of their product, like all the available information, but it's like comparing apples and bowling balls.