Why the Future of British Horse-racing is in the Balance
The Horserace Betting Levy Board (HBLB) anticipates receiving £105m in levy payments across the 2023-24 UK horseracing season. This would mark the third successive year of increased levy contributions, surpassing the £100m paid in the 2022-23 season. For those unfamiliar with the levy in UK horseracing, this is a fiscal mechanism that guarantees that bookmakers provide funds to underpin the sport. It was created in … Continue reading Why the Future of British Horse-racing is in the Balance

