Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, whether she plans to intervene in negotiations on the Horserace Betting Levy to (a) increase the rate to 11.5% and (b) include overseas races within the scope of that levy.
The Horserace Betting Levy is vital for the financial sustainability of horseracing.
The Government believes a voluntary deal is the fastest path towards delivering appropriate funding for the sport.
We continue to encourage the betting and racing industry to resume negotiations and reach a new agreement in the best interests of horseracing.