The Horserace Betting Levy Board (HBLB) has unanimously approved the terms of the 54th Levy Scheme which will yield an estimated £74.3m, a slight drop on the current Levy Scheme.
The 54th Levy Scheme runs from April 1st 2015 to March 31st 2016, with the Bookmakers’ Committee estimating total yield, added to Betfair’s estimated £7.8m contribution, of £74.3m.
This will be slight decline on the current 2014/15 scheme (53rd), which will yield £74.6m, including Betfair’s £7.8m contribution.
Paul [...]