Plans by the UK government to revamp the current Horse Racing Levy will see online bookmakers required to contribute to the funding of the sport, in a move that could generate an estimated £30m for the industry.
Responding to a parliamentary question from Bolton West MP Chris Green, Culture Secretary John Whittingdale confirmed that the government aims to introduce a new funding model for UK racing by April 2017.
“We will create a level playing field for [...]
