Tag Archives: levy scheme

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 …

Read More »

British horseracing pulls together with new tripartite structure

British horseracing is entering another new era after agreeing a tripartite structure for governance of the sport. In what it is describing as ‘a landmark moment in the history’ of British Horseracing, the industry’s major stakeholders have signed a Members’ Agreement, which in theory allows it to act in a unified manner, with the major stakeholders making strategic decisions for …

Read More »