Future of British Horseracing

Jim Shannon Excerpts

Tuesday 7th July 2026 Westminster Hall

[Jim Shannon (Strangford) (DUP)]

It is a pleasure to serve under your chairship, Mrs Harris. I thank the hon. Member for Spelthorne (Lincoln Jopp) for setting the scene incredibly well, as he always does on this subject, which is very close to his heart. It is always a pleasure to see the Minister in her place, and I look forward to her answers. She is very involved in her Department, and it is well known that horseracing is one of her passions.

Everybody has spoken about their own racecourses. I do not have any in my constituency, but the neighbouring constituency of South Down has the Down Royal and another at Downpatrick. Almost every one of my neighbours owns horses. Some of them are for show jumping, and some are for racing at Down Royal, Downpatrick and elsewhere. I understand the importance of this subject to my neighbours. The hon. Member for Spelthorne has also shown passion for his constituency and has put on record the importance of retaining the racecourse there.

As you probably expect, Mrs Harris, I want to speak about the title of this debate: the future of British horseracing. I know that it is your job as Chair to be independent, but you have had a very deep interest in gambling in the past. I want to talk about gambling and the Gambling Commission.

We meet today to discuss an industry that is woven into the very fabric of our national heritage. British horseracing is a magnificent sport, a massive rural employer and a source of immense pride and community across the length and breadth of the United Kingdom of Great Britain and Northern Ireland. From the stable hands and breeders to the racecourse staff, thousands of livelihoods depend on its continuing success, and I want to see that as well. However, as we look forward to the future of this great sport, we must do so with a sense of deep caution, a steady hand and a clear moral compass.

The relationship between horseracing and the betting industry is historical and undeniable, and betting provides vital financial lifeblood that keeps our racecourses open and their prize purses funded. However, we cannot and must not allow our support for the sport to blind us to the devastating social realities of problem gambling. I see the fallout in our communities: families torn apart, livelihoods ruined and mental health shattered by the grip of gambling addiction. Therefore, any vision for the future of British horseracing must be fundamentally rooted in an unwavering commitment to gambling awareness and robust player protections. We must welcome the implementation of balanced safety measures, such as frictionless financial vulnerability checks, which are absolutely critical, that are designed to catch unaffordable harms before they destroy lives.

There are those in the racing industry who fear the financial impact of these regulations. I understand their anxieties about falling revenues, but I say to the industry, and very respectfully to the Minister, that sustainability cannot be built on the backs of vulnerable people losing money that they just do not have to spend. True sustainability means creating a safe and transparent environment in which the casual punter can enjoy a flutter responsibly while those at risk are intercepted and protected. That is the point that I want to make today. It is something that you, Mrs Harris, have been at the forefront of in this House. I have always supported you in all the ventures that you have taken forward in the House, and that is one that has been successful.

The future of racing depends on its social licence. To safeguard that licence, the sport must step up and lead from the front. We need to see gambling awareness embedded in every single level of the racing experience. Information should be prominently visible at racecourses and throughout TV broadcasts, and integrated into every digital betting platform. When the Minister replies to the debate, will she please give me the reassurance that I wish to have on that matter for my constituents and others outside the House who are listening to this debate in Westminster Hall?

We must ensure that a meaningful portion of the revenue generated from race betting is directly and transparently funnelled into independent research, education and treatment for gambling harm. Mrs Harris, you and I and perhaps many others in this room have had occasion to meet some of those who have lost family members to gambling; gambling took over their whole life, and they eventually succumbed to taking their own life, as they saw that as the only way out. We must ensure that never happens again. Constituents back home have asked me to put this on record in the House, so I am doing that today.

I also have these questions for the Minister. First, as the Government work to secure the long-term funding and governance of British racing, what assurances can she give that gambling harm prevention will remain at the heart of national policy? Secondly, will the Minister commit to working with the sector to ensure that we protect this historic British sport, because we want to see it retained—we know its significance—and, most importantly, the vulnerable individuals and families in our communities? Let us build a future for British racing that is prosperous, but above all safe, ethical and responsible.

--- Later in debate ---

[Helen Maguire (Epsom and Ewell) (LD)]

It is a pleasure to serve under your chairship, Mrs Harris. I thank the hon. Member for Spelthorne (Lincoln Jopp) for securing this important and timely debate. I refer Members to my entry in the Register of Members’ Financial Interests, where I detail hospitality received from the Jockey Club. I am also a member of the all-party parliamentary group on racing and bloodstock.

Horseracing is the UK’s second-most attended spectator sport, after men’s football, with over 5 million people visiting British racecourses every year. Horseracing attendees, contrary to popular belief, come from a diverse range of socioeconomic and ethnic backgrounds, with 39% of horseracing tickets purchased by women. British horseracing is undeniably a huge success story. Across all metrics, British horseracing remains a force to be reckoned with, particularly in terms of its economic and cultural impacts. Our races attract the best horses, and we have the best bloodstock and some of the best trainers. Racing is a British cultural institution.

[Jim Shannon]

For the record, the hon. Member for Spelthorne referred to an exciting horserace and mentioned Banbridge—I think it came in third. Anthony Peter McCoy is the most famous jockey from Northern Ireland. Hailing from Moneyglass in County Antrim, he is widely regarded as the greatest National Hunt jockey of all time. He rode 4,358 winners and was crowned British champion jockey for a record 20 consecutive years. That tells you what Northern Ireland does, Mrs Harris, and we can do it better than anybody else.

[Helen Maguire]

I thank the hon. Member for his excellent contribution.

Racing is a British cultural institution that sets the gold standard for quality and is steeped in a rich history and prestige. Horseracing dates back more than three centuries, with thoroughbred horseracing first created here in the UK. It remains closely connected with royalty, a tradition that has continued with His Majesty the King. I was delighted that he came to the Epsom Derby this year, because this connection only further boosts its global reach.

Horseracing is a soft power asset in the British arsenal that is already working hard for the UK on the international stage. Four of the top 10 races in the world are held in the UK—more than any other country. Royal Ascot alone is broadcast to over 300 million households across 180 different countries.

In 2023, the British Horseracing Authority reported that the racing industry had direct revenues in excess of £1.47 billion. Its annual contribution to the British economy was a staggering £4.1 billion, and the industry supports over 85,000 people, employing them in racecourses, training yards, stables and breeding organisations, as well as in the betting industry.

In Epsom, I have been absolutely delighted to go and see the training yards and meet the really hard-working individuals there. British horseracing simply would not be what it is today without those people working behind the scenes. It is vital and it underpins many local communities, particularly rural ones.

I have seen the positive impact of British racing in my constituency, which is home to the Epsom Downs racecourse and hosts the famous Epsom Derby. I was fortunate to be able to attend the Derby in June, which was an incredible, exciting and fantastic event—anyone who has not attended it before should do so.

A report commissioned on behalf of the Jockey Club highlights how economically significant the Epsom Derby is on a national scale, and how it is just as important on a local scale for the constituency and the county that it calls home. The report found that its economic impact in 2024 alone was over £63 million, and the races’ events, hospitality and visitor spending accounted for over £56 million of the total. The Epsom Downs training facilities and employment opportunities came in a close second and third, each bringing in an estimated figure of between £2.5 and £3 million. The revenue brought in by the event highlights that horseracing is an anchor institution in the local economy, contributing nearly £1 billion of capital through supporting regional hospitality and cultural industries in east Surrey.

Given the importance of the horseracing industry, it is disappointing that the reform of the horserace betting levy did not better deliver support for it. The levy yield for the 12 months to 31 March 2025 reached almost £109 million. That is the fourth successive year of increase, and the highest yield since the levy collection reforms of 2017, but it is still short of the 2007-08 record of £116.5 million. I urge the Labour Government to reconsider their decision not to support extending the levy to overseas racing, because the income of the industry continues to fall. In the past two years, the levy board estimates that betting turnover on British racing has fallen from £11 billion to £8.5 billion. The board says,

“falling turnover is unlikely to prove a positive for the sport’s long-term health.”

Does the Minister agree that British horseracing is an international success story, a source of global soft power and a vital community asset in many towns across the UK?