Draft Horserace Betting Levy Regulations 2017 Debate
Full Debate: Read Full DebateLaurence Robertson
Main Page: Laurence Robertson (Conservative - Tewkesbury)Department Debates - View all Laurence Robertson's debates with the HM Treasury
(7 years, 8 months ago)
General CommitteesOrder. Gentlemen, before you are called I should say that, according to the House’s guidelines and rules, Members not on the Committee may turn up and ask to stand at the discretion of the Chair. I point out to you that this is a very short Committee meeting today, and we have to give time for the Minister to respond and for any other Committee members to ask questions or answer queries. Nevertheless, I think it is in keeping that the two of you should be given an opportunity to speak, particularly because you both have such a wealth of experience in this area.
Thank you for agreeing to call me in this short debate, Sir Alan. As you say, I am not a member of the Committee, but I wanted to turn up and make a brief contribution. It is a privilege to serve under your chairmanship, and also to co-chair the all-party parliamentary group on the racing and bloodstock industries with you. That is the first interest I need to declare. Secondly, the Cheltenham racecourse is in my constituency, and a great racecourse it is. Thirdly, I need to draw the Committee’s attention to my entry in the Register of Members’ Financial Interests. I receive hospitality from bookmakers and horse-racing from time to time. I have checked with the Parliamentary Commissioner for Standards, and it is in order for me to contribute to this debate.
I support the regulations. Unlike a number of other hon. Members, I had been born when the levy was introduced—I do not suggest that that gives me any greater authority to speak on the issue. It is important that horse-racing has a boost in income, regardless of where it comes from. We hear about it being the sport of kings. We saw racing at the Cheltenham festival, in my constituency, just a week and a half ago, we are coming up to the grand national festival, and we see Royal Ascot and the Derby. At that level, yes, there is an awful lot of money in horseracing.
If we go beneath that level, we find a very different picture. Many horse races are run for prize money of £2,000. To break even over a season, it would be necessary to win about 10 races, and no horse is going to do that. Owners going into racing at certain levels know for sure that they are going to lose out. There is a need for more money in racing for stable staff, jockeys and trainers at that end of the market. There is a pyramid, and most people are at that end of the pyramid and do not make much money, and many of them struggle.
There is certainly a need for measures to be taken to bring more money into racing. As the Minister rightly said, there is an anomaly. That is nobody’s fault, but it has come about because of the changes in technology and the way people bet. It is only right that this measure be introduced to bring about fairness and consistency in how bookmakers pay the horse-racing levy.
I hope that the Government are not considering taking any further measures, which might reduce bookmakers’ ability to fund horse-racing. That is a debate for another day, but it needs to be taken seriously. If further measures were taken that undermined the bookmakers’ ability to pay, the regulations would be rendered completely useless. I hope that we can proceed with caution in other areas, but we can perhaps come to that on another day.
I echo what the hon. Member for Jarrow said. When we make these changes and more money comes into horse-racing, I hope, as someone who represents one of the top racecourses in the world, that the money is not just ploughed in at the top end and that consideration is given to the many thousands of people who struggle at the lower end of horse-racing. Without those people, there would be no Cheltenham, no gold cup, no Royal Ascot. I know that is a debate for another day, but it is a very important point.
I will comply with your request that I speak for only five minutes, Sir Alan—thank you for giving me the opportunity to support the regulations. I wish the Minister well in her endeavours.