Tag Archives: horseracing levy
- British bookies face racing sponsorship ban unless they contribute to Levy
October 20, 2015
UK bookmakers could lose their ability to sign sponsorships with horseracing operators unless they’re fully paid up on their contributions to the sport. On Tuesday, the Arena Racing Company and Jockey Club Racecourses issued a joint statement saying they support a plan by the British Horseracing Authority (BHA) to bar...
- UK budget features pledge to introduce ‘Horserace Betting Right’
March 18, 2015
The UK government has confirmed its plans to impose a ‘racing right’ that would require bookmakers to ante up a percentage of race betting revenue to the racing industry. In December, Chancellor George Osborne announced that the government was consulting on the introduction of a Horserace Betting Authorization to replace...
- UK gov’t proposes new Horserace Betting Authorization to replace betting Levy
December 3, 2014
The UK government has taken another step toward replacing the controversial racing betting Levy with a legally enforceable ‘racing right.’ On Wednesday, Chancellor George Osborne delivered the government’s Autumn Statement, which laid out a plan to consult on the introduction of a new Horserace Betting Authorization. The new racing right...
- UK Labour party seeks to extend horse betting levy to all sports bets
July 24, 2014
Key figures in the UK Labour party have announced plans to impose a new sports betting levy on gambling operators. Shadow culture secretary Harriet Harman (pictured right) and shadow sports minister Clive Efford (pictured left) have released a “sport for all” document laying out their plan to raise millions of...
- UK racing and bookies agree on new Levy deal ahead of schedule
October 24, 2012
Given the British devotion to tradition, we find it incomprehensible that the nation’s bookies and its horseracing industry have chosen this year to forego the traditional reenactment of the Battle of the Somme that renegotiating a new horseracing Levy usually resembles. On Wednesday, the two parties announced they had reached...
- Levy debate goes live
January 20, 2011
The horseracing industry in the UK is currently at quite a crossroads as we enter 2011. With the future of the Tote set to be decided within the next month or so, there’s also the lingering issue of the horserace levy and whether there should be any changes in the...
UK racing and bookies agree on new Levy deal ahead of schedule
October 24, 2012