Tag Archives: funding

BAGS greyhound streaming boosts racing’s funds by £750,000

SBC News BAGS greyhound streaming boosts racing's funds by £750,000

Bookmakers are to add three quarters of a million pounds into the coffers of greyhound racing after the successful launch of a new streaming service six months ago. BAGS, the Bookmakers’ Afternoon Greyhound Service which organises greyhound fixtures to be televised in betting shops,  has announced that it has raised almost £750,000 additional funds for the greyhound racing industry via …

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UK Government following French lead for racing funding changes

SBC News UK Government following French lead for racing funding changes

The UK Government will be applying for State Aid exemption to extend the horseracing betting levy to online bookmakers. The plans, revealed in today’s budget, show that rather than replacing the Levy Scheme, the DCMS is to attempt to alter it, following the line ploughed by the French authorities to introduce betting rights to sports. In a document responding to …

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Integrity education programme receives EU funding

SBC News Integrity education programme receives EU funding

The joint EU Athletes and regulated betting sector’s pioneering player betting integrity education programme has received a huge boost in funding from the European Commission. The five-year-old programme has received €488,305, ensuring that it continues for another 2 years, kicking off in January 2016 until the end of 2017. EU Athletes programme is backed by the private betting sector trade …

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Critical need for ROI on Queensland racing

SBC News Critical need for ROI on Queensland racing

Racing Queensland has announced changes to its race information fees structure, effective from today. The organisation said it was critical the industry received a return on the significant investment it makes in hosting meetings. “In recent years we have seen the amount of money wagered increasing but revenues back to the industry have been declining, which is simply not sustainable,” …

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Customers favour socially responsible brands

SBC News Customers favour socially responsible brands

Nearly half of British adults who gamble online (45%) say they’d be likely to place a bet with an online gambling website if they knew that the brand was contributing financially to the research, education and treatment of problem gambling. 61% of the British public think this would be likely to increase public awareness of problem gambling. The commitment of …

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