Tag Archives: Horsemen’s Group

UK Sports minister wants outright 10% bookmaker charge for UK racing levy

The UK Racing Levy Scheme has again hit national headlines, as UK Sports Minister Tracey Crouch detailed to industry stakeholders that her department intends to place a 10% gross profit charge on all racing wagers whether placed via a retail bookmaker or online. Crouch and the Department of Culture, Media and Sports will seek to implement the industry charge which …

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UK government to determine racing levy scheme as stakeholder talks break down

The UK racing levy will be referred to the UK government, as talks between the Horseracing Betting Levy Board and Bookmakers’ Committee have broken down as negotiating parties could not agree on the key terms for the funding 55th levy scheme. The breakdown in talks will see the scheme referred to John Whittingdale Minister of Culture, Media and Sport to …

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British Racing groups join to tackle bookmaker levy decline

Led by the British Horseracing Authority (BHA), Britain’s largest racecourse governance groups have joined forces to tackle the issue of ‘underfunding and loopholes’ in the levy system. The joint stakeholders will move to bar bookmakers’ from sponsoring race events, tracks and festivals if they do not pay levy contributions through their online operations. The proposed levy initiative is supported by …

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BHA making plans for independence

Cheltenham offer

The British Horseracing Authority (BHA) has announced that it is making changes to its Board and its way of working. These changes are designed to fit with governance best practice and help the implementation of the current Strategy for Growth work. The BHA has started the process of finding a number of new Directors and has appointed specialist search firm …

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