Sha Tin Racecourse is one of the two racecourses in Hong Kong. It was first built in 1978 and is the larger of the two tracks in Hong Kong. On September 9, 2007, Sha Tin race track opened with record 1-day crowd of about 60,000, The Hong Kong Jockey Club collected US$106 million in bets. The racecourse has capacity for 85,000 and two grandstands. It also has 23 stables for a capacity of 1,260 horses.