G&W -
Being a steward of the Royal Hong Kong Jockey Club, do you think there will be
any changes after 1997?
Mr. Arculli -
We don't expect there will be any changes in the administration of the club Only
the name will be change but that was the decision of the majority of their
members. Other club members including the Royal Hong Kong Golf Club and the
Royal Hong Kong Yacht Club has also gone through a name-change.
G&W -
Do you think there will be any changes to other ambling business or horse
racing?
Mr. Arculli -
Apart from the mahjong parlors, horse racing is the only other gambling business
in Hong Kong. I think that horse racing is good for the normal running of our
society. Not only does it provide a lot of fun and excitement for the general
public, it also contributes significantly, I think about 7% of the total tax
collected by the Hong Kong Government. The RHKJC is a non-profit making
organsiation and all the surplus is used for the benefit of our society to fund
the much-needed projects like building schools or old people's home etc.
G&W -
Do you think horse racing will become even more popular after 1997 or will
people change their habit in gambling?
Mr. Arculli -
I don't think 1997 will have a great impact on the people's interest and hobby.
Of course I hope people will continue to gamble on horse racing because as I
said before, it brings great revenue to the government's tax coffers. It is
actually a form of voluntary taxation.
G&W -
Why are you so fond of horses?
Mr. Arculli -
When I was a teenager, I was influenced by my grandfather who also liked horse
racing. We were living in Happy Valley then so that we could be a contributory
factor as well. My interest in horses probably blossomed when was in England.
G&W -
You do own some famous champion horses. How do you choose these horses or is it
just pure luck?
Mr. Arculli -
I only own one champion horse River Verdon. People say that I have an eye for
choosing good horses but I think a lot to it is luck. Of course a lot of help
has to come from the trainers and jockeys. River Verdon came to Hong Kong when
it was 2 years old and it never raced until it was 3. The trainer and jockey
decided to give it more time to mature and it has proven to be the correct
decision.
G&W -
After River Verdon returned from international races, its results in local races
has not been satisfying. Do you think you have made a wrong decision in sending
it to these competitions?
Mr. Arculli -
Maybe it was a wrong decision in respect to the horse. But to the development of
Hong Kong racing, I think otherwise. By sending River Verdon to international
races, we have set up a precedent for other horses in Hong Kong to have a chance
to race abroad. Australia has a reputation for strict quarantine requirements
which makes it nearly impossible for overseas horses, especially those from Hong
Kong, to participate in international races held there. Now that we have
succeeded with River Verdon, another horse Makarpura Star will be going to
Australia later this week to compete in an international race. I would like to
think that we have broken the barrier and helped bring Hong Kong racing to the
international arena.
G&W -
Would you like to tell us about your daily work routine?
Mr. Arculli -
Well I start my day at 7 a.m. every morning and usually work until 1 a.m.. My
work normally involves those from Legco, my law firm. my own business and the
RHKJC. As for leisure, I like to play golf once a while. If I get to play 15
times a year, I am already very contented. I also do skiing in the winter and in
recent years I have been going to Colorado in the United States. As for my
family, they are already complaining that I am spending too little time with
them.