Draft Horserace Betting Levy Regulations 2017 Debate

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Department: HM Treasury
Kevin Foster Portrait Kevin Foster (Torbay) (Con)
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It is a pleasure to serve under your chairmanship, Sir Alan. I do not intend to delay the Committee for too long. I have a fiancée—soon to be Mrs Foster—who was once an amateur licensed jockey. We still have Breezy, her last race-horse, which gives me an interest. Hazel assures me she will not be going on a horse in a race any time soon, and the only race Breezy is likely to compete in is one for his next feed bucket.

I welcome the regulations, and particularly the fact that they will bring a fairer and more level playing field. They are relevant to my constituency in Torbay because the people who go to Newton Abbot racecourse regularly look to stay in Torbay and bring valuable business. I welcome what the Minister has outlined. The regulations are about supporting the industry and creating a level playing field so that betting operators here do not end up paying a levy that others can avoid by using a different model of operation. The amounts that will be generated will make a real difference and the measure is needed. I am not going to ask any questions, such as what tips the Minister has for the racing coming up. I simply want to put on the record my support for the measure and how I think it will benefit my constituency.