The British Horseracing Authority, together with UK bookmaker William Hill, have lodged an application for a judicial review over the decision earlier this year by the Horserace Betting Levy Board (HBLB) that it would not seek to impose levy on business users of betting exchanges.
The HBLB initiated a consultation process in July 2010 in order to close what it saw as a loophole whereby no users of betting exchanges pay Levy, including customers that place [...]