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UK government set to introduce mandatory racing contribution in Levy overhaul

4th March 2016 7:52 am GMT

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 [...]

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