Horse Racing: Betting

(asked on 18th May 2016) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, with reference to paragraph 3.2 of his Department's document, Implementing the replacement for the Horserace Betting Levy, published in March 2016, how his Department plans to use the independent report on the value of the common interest between betting and racing to inform the construct of the proposed levy replacement and recover revenues lost from remote offshore betting.


Answered by
 Portrait
David Evennett
This question was answered on 23rd May 2016

The rate payable by gambling operators will be informed by this independent economic analysis of the funding of horseracing and further discussion with the betting and racing industries. We will be consulting on the findings of the report with both industries within the next few weeks and intend to publish the report in due course.

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