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UK horseracing industry launches fair levy campaign
The at times acrimonious struggle by Britain's horseracing community to gather in funds from the bookmaking industry took an unexpected turn this week with the launch of a new initiative titled 'Racing United: Campaign for a Fair Levy'.
The initiative takes the form of a charter which seeks the support of the public in a bid to secure the financial future of the racing following an 'unacceptable' fall in its funding.
Launched jointly by the BHA, the Racecourse Association (RCA) and Horsemen's Group, the campaign is targeted on closing loopholes in the levy system that has seen funding for racing drop by more than a third in two years from GBP115 million to GBP75 million in 2010.
Nic Coward, chief executive of the BHA is squarely behind new campaign, saying: "The launch of this public campaign is the latest step in pressing home racing's case, a comprehensive case that is built on rigorous analysis, and which we have been advocating on behalf of the sport.
"Our objective is to secure what is right for the future of the whole sport, and the campaign is intended to leave no-one in any doubt as to the strength of support for it across the whole of racing and its followers."
Stephen Atkin, the chief executive of the RCA, has also thrown his weight behind the campaign, commenting: "The levy, in its current form, is failing to deliver a fair return to horse racing because it has not kept pace with the modern betting market. It can and must be fixed.
"We join together with our fellow stakeholders in the sport in calling the government and the Levy Board to act now to right this wrong."
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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