Tag Archives: Julie Harrington

HBLB expects steady £99m levy contribution for 2022/23

Bookies Corner: Grand National trading trends ahead of ‘the public’s race’

Following the conclusion of the 2022/23 financial year and the publication of the UK’s gambling White Paper, the Horserace Betting Levy Board (HBLB) has revealed its estimation of levy contributions. The racing funding organisation projects that, after receiving provisional submissions from levy-paying bookmakers, the total payment as of 31 March 2023 will stand at £99m.  Contributions from operators have therefore …

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BHA agrees on new governance structure to deliver unity on funding, integrity and sustainability

SBC News BHA agrees on new governance structure to deliver unity on funding, integrity and sustainability

The British Horseracing Authority (BHA) will undertake a restructure of its corporate governance to strengthen the long-term development of UK racing and its implementation of a new industry strategy to improve funding.  BHA members approved the initiative this morning at the EGM of the Racecourse Association (RCA) attended by all stakeholders of UK racing. The revamp of the BHA’s corporate …

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UK Racing makes pledge to Respect in Racing campaign & code of conduct

SBC News UK Racing makes pledge to Respect in Racing campaign & code of conduct

UK racing has launched its first integrity-led campaign “Respect in Racing”, to promote the collective ambition to establish “the highest standards of behaviour and a culture of respect across all levels of horseracing.” Announced by the British Horseracing Authority (BHA), the campaign has been developed by a cross-industry working party comprised of UK racing’s major bodies, who share a unified …

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BHA announces no racing on day of Queen’s state funeral

SBC News BHA announces no racing on day of Queen's state funeral

The British Horseracing Authority (BHA) has announced that all UK racing events will be postponed on Monday 19 September for the funeral of Her Late Majesty, Queen Elizabeth II. The decision was endorsed by UK racing’s governing bodies, to allow horseracing stakeholders the opportunity to respect Queen Elizabeth II’s state funeral that will take place at Westminster Abbey on Monday …

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BHA recruits Greg Swift to refresh corporate affairs strategy

SBC News BHA recruits Greg Swift to refresh corporate affairs strategy

The British Horseracing Authority (BHA) has confirmed the appointment of Greg Swift as new Director of Communications and Corporate Affairs for UK racing’s governing body. An expert in strategic comms and stakeholder management, Swift joins the BHA’s executive team from the Foreign Secretary, in which he served as the government department’s Head of News and Press Secretary. Further experience has …

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UK Racing’s bloodstock rights strengthened by new BIF code of practice

SBC News UK Racing’s bloodstock rights strengthened by new BIF code of practice

The British Horseracing Authority (BHA) has confirmed that a new ‘Bloodstock Industry Code of Practice’ will be incorporated into the rules of UK racing as of 16 August. The Code has been developed by the newly established Bloodstock Industry Forum (BIF), which was tasked with updating the rules and practices on the buying and selling of horse bloodstock rights – …

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HBLB announces plans for distribution of £21.5 million SWSP loan

From next week, a combination of off-course prices and on-course bookmaker prices will be used to produce the Starting Price on Irish racing.

The Horse Betting Levy Board (HBLB) has agreed to terms on a £21.5 million loan secured from the British government as part of the Sport Winter Survival Package (SWSP). The loan has been issued as UK racing has suffered severe financial consequences as a result of the COVID-19 pandemic, having lost around £400 million in racecourse revenue, whilst participants experienced …

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