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Horse Racing: Betting

Department for Culture Media and Sport written question – answered on 23rd March 2015.

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Photo of Hugh Bayley Hugh Bayley NATO Parliamentary Assembly UK Delegation

To ask the Secretary of State for Culture, Media and Sport, what timetable he has set for introducing the new horse race betting right; what assessment he has made of the potential benefits that betting right will bring to York Racecourse; and if he will make a statement.

Photo of Helen Grant Helen Grant The Parliamentary Under-Secretary of State for Culture, Media and Sport

No timetable has been set for introducing legislation to bring in a new Horserace Betting Right. Draft legislation will be developed following a thorough economic analysis and discussions with the Competition and Markets Authority, HMRC and others.

The Horserace Betting Right will apply to all bookmakers, wherever located, who take bets from British customers on British racing and provides a modern and sustainable future for the funding of racing.

The flagship race at York Racecourse, the Group 1 Juddmonte International, has recently been confirmed as the best race in the world by the International Federation of Horseracing Authorities. The Horserace Betting Right will allow York Racecourse, and every racecourse across Britain, to build upon current successes and continue to offer a great experience for racegoers.

Does this answer the above question?

Yes3 people think so

No0 people think not

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