UK government to review horseracing betting levy next year
Friday 11 de December 2020 / 03:52
2 minutos de lectura
(UK).-Earlier this week, it was announced that the UK government will have an early review of the Horserace Betting Levy. The news was well-received by the British Horseracing Authority (BHA) as the racing industry was working on a recovery plan to overcome the huge losses that came as a result of the COVID-19 pandemic.
The last time the levy was reformed was in 2017 when it extended to offshore bookmakers that offer bets on British racing. Although the next review was scheduled for 2024, the government announced that it will have an earlier review of the way the sport is funded in 2021.
After the racing industry published its Recovery Plan in August, BHA’s Chair, Annamarie Phelps, and Chief Executive, Nick Rust, had a meeting with the Minister of Sports.
They required an earlier examination of the Horseracing Betting Levy, which is currently ensuring a 10% return on the profits that bookmakers generated thanks to racing bets.
Categoría:Sportsbook
Tags: Sin tags
País: United Kingdom
Event
GAT Expo CDMX 2025
28 de August 2025
Update on Mexico's Gaming and Raffles Law: Experts discuss its present and future at GAT Expo Mexico 2025
(Mexico City, SoloAzar Exclusive).- At the Expo Santa Fe Convention Center, gaming industry leaders analyzed the challenges and opportunities of the reform to the Gaming and Raffles Law, in a panel moderated by Rosa Ochoa of SCCG Management LATAM.
Tuesday 16 Sep 2025 / 12:00
GAT CDMX 2025: Experts Discussed Innovation in iGaming and Sports Betting in Mexico
(Mexico City, SoloAzar Exclusive).- As part of the GAT CDMX 2025 Institutional Academy, leading industry executives met in Mexico City to analyze the challenges and opportunities presented by innovation in online gaming, iGaming, and sports betting. Artificial intelligence, omnichannel, user experience, and the role of streamers were some of the central topics discussed.
Monday 15 Sep 2025 / 12:00
21Viral Strengthens Industry Ties and LatAm Expansion at GAT Mexico
(Mexico City, SoloAzar Exclusive).- At GAT Expo Mexico, 21Viral made a powerful impression through strategic networking, insightful participation, and a clear vision for growth across Latin America. Luz Serna, Head of Sales LatAm (i Gaming), highlighted the event’s rich academic content and the valuable alliances formed with key operators and stakeholders in the Mexican gaming industry.
Monday 15 Sep 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.