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Horserace Betting Levy Board - GOV.UK
https://www.gov.uk/government/organisations/horserace-betting-levy-board
The Horserace Betting Levy Board (HBLB) is required to collect a statutory levy, known as the Horserace Betting Levy, from horseracing bookmakers and the …
What is the Horserace Betting Levy Board, and How Does It ...
https://www.betting-offers.com/2020/10/what-is-the-horserace-betting-levy-board-and-how-does-it-fund-uk-horse-racing/
Prize money is down, understandably and really one of the few sources of revenue for UK racing right now is the funding from the Horserace Betting Levy Board (HBLB). The HBLB has announced plans to dish out £31.9 million to the sport in the first quarter of 2021 alone – a signal of ‘significantly increased support’ from the organisation.
The Horserace Betting Levy - House of Commons Library
https://commonslibrary.parliament.uk/research-briefings/cbp-7368/
The Horserace Betting Levy Regulations 2017 came into force on 25 April 2017 and extended the Levy to all gambling operators offering bets on racing in Great Britain. The basis on which the Levy is calculated is now a fixed rate i.e. 10% of profits on leviable bets which exceed £500,000 in a Levy period (1 April to 31 March in any given year).
Horse Racing Betting Levy – UK Bookmakers
https://www.ukbookmakers.org.uk/articles/horse-racing-betting-levy/
The levy came into action in 1961, the same year that high street bookmaking was allowed in the UK. As part of the legalisation of high street betting, it was decided that a percentage of the profits taken from horse racing bets from the bookmakers were put back into the sport.
Horserace Betting Levy Board - Wikipedia
https://en.wikipedia.org/wiki/Horserace_Betting_Levy_Board
HBLB
Horserace Betting Levy Board. Search go About HBLB. Background and Statutory Responsibilities, Board Members, Board Committees, Organisational Structure, Charitable Donations, Modernising the Levy, Employment Opportunities ... Improvement of Horseracing. Fixture Funding, Capital Projects, Betting Liaison Group, Top 10 Betting Races, Racecourse ...
Government to examine reform of the Horserace Betting …
https://www.britishhorseracing.com/press_releases/government-to-examine-reform-of-the-horserace-betting-levy-in-2021/#!
08 Dec 2020 BHA Features Financial/Political The British Horseracing Authority (BHA) welcomes the announcement from the Sports Minister that the government is to look again at the timetable for reviewing the Horserace Betting Levy. The Levy is not due for review until 2024 under legislation passed three years ago.
Government boost for Horseracing in Betting Levy …
https://www.gov.uk/government/news/government-boost-for-horseracing-in-betting-levy-reform
The Levy has been in existence since 1961 but has become outdated. Under the current levy system offshore online betting businesses that take bets on …
Talking Horses: financial blow for racing as early Levy ...
https://www.theguardian.com/sport/2021/jan/15/talking-horses-financial-blow-for-racing-as-early-levy-review-hopes-fade
Changes to the sport’s legal and financial frameworks are never swift or easy, but reform of the Levy – for instance, to include bets placed on …
Horserace Betting Levy Appeal Tribunal - Wikipedia
https://en.wikipedia.org/wiki/Horserace_Betting_Levy_Appeal_Tribunal
The Horserace Betting Levy Appeal Tribunal is a non-departmental public body in the Department for Digital, Culture, Media and Sport of the Government of the United Kingdom. It was established in 1963. History In 2013, the Tribunal was reported as one of the "200 bodies" needed to be replicated in an Independent Scotland.
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