Observers are advising Hong Kong authorities to better integrate technological trends into their policy creation process. This call followed the government's recent suspension of plans for a basketball betting market, citing concerns over unregulated prediction platforms.

Hong Kong authorities should consider the impact of technological developments when drafting policies, observers have said, noting the government’s decision to halt plans for basketball betting reflected a lack of thorough discussion. Their remarks on Tuesday followed the government announcing the suspension over concerns about new “prediction market” gambling while warning that it was illegal for Hongkongers to bet on sports events on such trading platforms. An amendment bill to the Betting...