Tag Archives: levy

GamCare highlights importance of levy transition being “without disruption”

SBC News GamCare highlights importance of levy transition being “without disruption”

GamCare has suggested that, if done correctly, the proposed statutory levy on the UK’s betting industry can represent a “generational shift” in the gambling harms sector. However, the gambling charity also emphasised its concern about the transition period between now and when the levy is implemented, as it wants to make sure services and support are provided to those that …

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UKGC hands £32.8m to GambleAware in support of levy transition period

SBC News UKGC hands £32.8m to GambleAware in support of levy transition period

The UK Gambling Commission (UKGC) has allocated £32,844,197.31 to GambleAware for the creation of a ‘system stabilisation’ in regards to a transition period from voluntary funding to a statutory levy. This is the latest allocation of funds gained by the UKGC through regulatory settlements, and is intended to “stabilise the system of gambling harm prevention, support and treatment” during the changeover. …

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UKGC outlines schedule and priorities for Gambling Act consultations

SBC News UKGC outlines schedule and priorities for Gambling Act consultations

The UK Gambling Commission (UKGC) maintains its schedule for 2023, announcing that it will launch its first consultations on the implementation of the Gambling Act reforms this July. Tim Miller, the UKGC’s Executive Director on policy development, made the announcement writing a blog post on the Commission’s website. Miller confirmed that the Commission had completed its first deliverable providing its …

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Winning Post: Sports funding faces a slippery slope

SBC News Winning Post: Sports funding faces a slippery slope

Regulus Partners observes a week of parliamentary debate on the future of gambling sponsorships. A topic that garners MPs direct attention, who have yet to deliver concrete resolutions on how gambling reforms will impact the future of sports funding. The complexities of the gambling reform debate were laid bare in Parliament this week as the issues of sports funding and …

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BHA chairman to focus on Levy extension push

SBC News BHA chairman to focus on Levy extension push

The British Horseracing Authority (BHA) has revealed that its Chairman Steve Harman is to step down from the role at the end of the year to focus on extending the Horserace Betting Levy to cover all overseas racing. Harman will be adopting the new ‘industry-wide’ role to engage with government, which will see him work exclusively on Levy development with Westminster …

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UK Sports minister wants outright 10% bookmaker charge for UK racing levy

SBC News UK Sports minister wants outright 10% bookmaker charge for UK racing levy

The UK Racing Levy Scheme has again hit national headlines, as UK Sports Minister Tracey Crouch detailed to industry stakeholders that her department intends to place a 10% gross profit charge on all racing wagers whether placed via a retail bookmaker or online. Crouch and the Department of Culture, Media and Sports will seek to implement the industry charge which …

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BAGS greyhound streaming boosts racing’s funds by £750,000

SBC News BAGS greyhound streaming boosts racing's funds by £750,000

Bookmakers are to add three quarters of a million pounds into the coffers of greyhound racing after the successful launch of a new streaming service six months ago. BAGS, the Bookmakers’ Afternoon Greyhound Service which organises greyhound fixtures to be televised in betting shops,  has announced that it has raised almost £750,000 additional funds for the greyhound racing industry via …

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UK Government following French lead for racing funding changes

SBC News 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 …

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