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New British Horseracing Betting Levy comes into force

25th April 2017 8:08 am GMT

New legislation designed to ensure a statutory return to the equine industry from all betting on British horse racing will come into force in the United Kingdom today (April 25th).

The UK government announced the implementation of the Horserace Betting Levy Regulations 2017 on Monday following receipt of state aid clearance from the European Commission.

The new regulations will run from April 25th 2017 to March 31st 2018, replacing the 56th Levy Scheme which was in force [...]

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