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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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