Horse Racing: Betting

Department for Culture, Media and Sport written question – answered on 23rd May 2016.

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Photo of Nicholas Soames Nicholas Soames Conservative, Mid Sussex

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, what progress has been made on the independent report on the value of the common interest between betting and racing; and when he expects to publish the findings of that report.

Photo of Nicholas Soames Nicholas Soames Conservative, Mid Sussex

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.

Photo of David Evennett David Evennett Government Whip, The Parliamentary Under-Secretary of State for Culture, Media and Sport

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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