Tag Archives: Horse Racing

BHA’s Nick Rust defends Racing Right as a “fair and reasonable return”

British Horseracing Authority Chief Executive Nick Rust insists racing is seeking a “fair and reasonable return” from bookmakers under the proposed new Racing Right. Chancellor George Osborne announced the introduction of the new scheme in Wednesday’s budget, with the idea seen as the replacement funding mechanism to the 1963 Horserace Betting Levy. It would apply to all bookmakers, wherever located, who …

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