July 3, 2018
The President of the Racehorse Owners Association Nicholas Cooper has hailed the positive outcomes of the horseracing industry working together. At his association’s Annual General Meeting in London, Cooper described the expected record prize-money of over £160 million in 2018, a resurgence of levy funding and the setting up of a new Racing Authority as “good news for owners”. He …
Read More »March 18, 2015
Chancellor George Osborne has seemingly given the go-ahead for the long-standing Horseracing Levy to be replaced by a ‘betting right’ – presumably meaning that bookmakers will have to pay racing for the privilege of taking bets on the sport. In today’s Budget announcement, Osborne said that the Government was ‘introducing a horseracing betting right’ , although there was scant other …
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