Tag Archives: Sports Minister

BHA welcomes government review into levy reform

SBC News BHA welcomes government review into levy reform

The British Horseracing Authority (BHA) has reacted positively to the recent announcement by Sports Minister Nigel Huddleston that the government will re-evaluate the timetable for reviewing the betting levy.  Originally scheduled for 2024, racing’s Levy review has been brought forward to next year. The levy is a significant source of income for the horseracing industry, as it returns 10% of …

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Revamped levy system boosts British racing in 2017/18 report

Brighton Racecourse

Reforms implemented by the government to the levy system have generated positive returns for racing stakeholders, as the UK Department for Digital, Culture, Media & Sport (DCMS) published The Horserace Betting Levy Board (HBLB) annual report & accounts 2017-18. Coming into force in April of this year, the new levy forced all UK licensed bookies, whether that be land-based or …

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