Tag Archives: hblb

Chelmsford calls on horsemen to help offset prize-money cuts

Following recent cuts to prize money across the racing scene, Chelmsford Racecourse has called for further support from horsemen to offset the drop in revenues as a result of loss in media rights. After the introduction of FOBT legislation, which dropped machine stakes from £100 to £2, an estimated 1,100 betting shops have closed their doors which has subsequently resulted …

Read More »

Tom Byrne, HBLB: Horseracing gets race-by-race betting data boost

News that five of the UK’s top operators had committed to a ten-fold increase in voluntary levy to GambleAware made big news in July, but a major deal for horse racing announced the following week – involving four of the same five – passed with considerably less fanfare. Tom Byrne, Operations Manager at HBLB, tells us more. The horseracing sector …

Read More »

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 …

Read More »

ROA’s Nicholas Cooper calls for a turnover-based levy

Nicholas Cooper has called upon the industry to consider shifting the horse racing levy from the current gross profits system towards a betting turnover-focused system.  As part of his speech at the Racehorse Owners Association’s (ROA) annual meeting in London, the ROA president said that a turnover-based levy would “provide a much truer reflection of racing’s continuing worth to the betting …

Read More »

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 …

Read More »

Study suggests female jockeys as good as males

A new study by the Thoroughbred Horseracing Industries MBA has found that the performance of female jockeys is similar to that of their male counterparts. The MBA, run by the University of Liverpool with funding from the British Horseracing Authority (BHA), Horserace Betting Levy Board (HBLB) and the Racing Foundation, has been utilising detailed analysis techniques on data covering a …

Read More »

UK Government following French lead for racing funding changes

The UK Government will be applying for State Aid exemption to extend the horseracing betting levy to online bookmakers. The plans, revealed in today’s budget, show that rather than replacing the Levy Scheme, the DCMS is to attempt to alter it, following the line ploughed by the French authorities to introduce betting rights to sports. In a document responding to …

Read More »