Tag Archives: UK racing

UK racing launches first directory to track the progress of community directives 

UK racing has launched its first ‘community directory’ to highlight the work of key stakeholders that are leading projects and directives to improve the sport’s health, welfare, education, participation and community involvement. Backed by the British Horseracing Authority (BHA), the directory has been developed by sports charity Racing Together in collaboration with The Racing Foundation and thoroughbred news source Godolphin. …

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Unibet backs #GoRacingGreen as lead racing charity 

Unibet, the flagship sportsbook property of Kindred Group Plc, has announced its support of British horseracing’s #GoRacingGreen project – making UK racing accessible to those who suffer from mental health problems. The #GoRacingGreen project was launched in 2019 by racing enthusiast and entrepreneur Deborah Matthews, who openly blogged about how equine activities helped her overcome her struggles with mental health.  …

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HBLB places sectional timing and tracking tech at the front of 2019 budget

The UK Horserace Betting Levy Board (HBLB) has published its official expenditure plans, outlining racing funding allocations for the full calendar year 2019. In its statement, HBLB governance details that it has established how to allocate its reduced budget of £94m (previously £99m) to support racing innovations, resources and stakeholders. The statutory body overseeing the racing levy responsibilities has committed …

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£120m retail costs see Betfred report second year of corporate losses

Filing its 2017/18 corporate accounts with Companies House, UK bookmaker Betfred has declared an operating loss of £40 million. Publishing its corporate performance for the year-ending 30 September 2018, Betfred governance has attributed circa £120 million in ‘exceptional costs’ attached to retail writedowns, as the bookmaker is forced to adjust to UK betting’s FOBTs £2 wagering reduction. The results see …

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BHA appoints ‘UK sports figurehead’ Annamarie Phelps as inbound chair

Moving to refresh its governance, the British Horseracing Authority (BHA) has confirmed the appointment of Annamarie Phelps as inbound Chair (appointment expected to commence – 1 June 2019). Phelps a former Olympian rower, is the current Vice-Chair of the British Olympic Association and is set to replace current incumbent Atholl Duncan. Updating stakeholders, the BHA’s nomination committee stated that it …

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Hereford unites with ROA to enhance raceday experience

Hereford Racecourse is looking to enhance its raceday experience, unveiling a new partnership with the Racehorse Owners Association for the 2018/19 season. Further emphasising its acknowledgement of the importance of the experience for racehorse owners, Hereford Racecourse and the ROA has united to place a specific focus on the arrival experience at the course. The O&T entrance to the racecourse …

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New Dawn… UK Racing prepares for new levy authority

The structure of British Racing governance is set to be revamped, in order to meet the demands of distributing the new horseracing betting levy which is inbound for April 2019. Last week, the governances of the British Horseracing Authority (BHA), Horsemen’s Group and Racecourse Association moved to install a new Racing Authority which will oversee the management of racing’s upcoming levy …

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BHA backs government’s ‘industry judgement’ as DCMS seeks to extend Racing Levy’s reach

The British Horseracing Association (BHA), the regulatory body for UK racing has welcomed the government’s betting industry triennial review judgement. Despite the far-reaching impacts of the government’s decision to cut FOBTs machine wagering to a £2 limit, and further increase UK remote betting/gaming duties to offset treasury tax shortfalls, the BHA supports the industry changing decision. “The British Horseracing Authority …

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Fred Done – Tote dispute sees ‘Betfred finished with UK racing’

Independent bookmaker Betfred is ready to scrap its entire commercial relationship with UK racing, detailing that it will no longer sponsor events and cull its entire on-course betting portfolio. A frustrated Fred Done founder of Betfred has stated to the Racing Post that his company ‘can live without the sport’ and that the bookmaker’s ‘association with racing is now broken’. …

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BHA ‘thanks’ the bookies who participated in ABP scheme

The now discontinued Authorised Betting Partner (ABP) scheme initiated by the British Horseracing Authority (BHA) to fill the funding gap left by offshore operators sidelining the old levy scheme raised £12m in its first-and-only year of operation. _________________________ According to the BHA’s annual report published at the very end of May, the ABP help fill a revenue gap ahead of …

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