UK Maintains Levy Rate as Racing Raises Concerns
The UK government has confirmed that the Horserace Betting Levy will remain unchanged at 10%, concluding a review process that extended well beyond its original timeline. The decision, delivered through a Written Ministerial Statement, ends expectations of a near-term adjustment to the levy structure and has prompted a critical response from the British Horseracing Authority (BHA). Government Holds Position on Levy and Scope Ministers cited the need for stability across the wider gambling sector as a key reason for maintaining the current […] The post UK Maintains Levy Rate as Racing Raises Concerns appeared first on World Casino News.
The UK government has confirmed that the Horserace Betting Levy will remain unchanged at 10%, concluding a review process that extended well beyond its original timeline. The decision, delivered through a Written Ministerial Statement, ends expectations of a near-term adjustment to the levy structure and has prompted a critical response from the British Horseracing Authority (BHA). Government Holds Position on Levy and Scope Ministers cited the need for stability across the wider gambling sector as a key reason for maintaining the current […]
The post UK Maintains Levy Rate as Racing Raises Concerns appeared first on World Casino News.
