{"id":142,"date":"2024-06-16T00:53:51","date_gmt":"2024-06-15T21:53:51","guid":{"rendered":"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/"},"modified":"2024-06-17T13:09:47","modified_gmt":"2024-06-17T10:09:47","slug":"uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing","status":"publish","type":"post","link":"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/","title":{"rendered":"UK Bookmakers Set to Deliver Record Tax Revenue for Horse Racing"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Gx5CjbVVa2s\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>UK bookmakers affiliated with the Betting and Gaming Council (BGC) are projected to provide an unprecedented sum in tax receipts to bolster horse racing within Britain.  Despite hurdles such as dwindling attendance and wagering income, these firms will pay an estimated \u00a3105 million (approximately $133 million) in levies. This signifies a substantial rise from the preceding year and denotes the third straight year of expansion in contributions to the Horserace Betting Levy Board (HBLB). These monies are crucial for the well-being of British horse racing, sustaining prize funds for competitions and enhancements to racing infrastructure.  Michael Dugher, the BGC&#8217;s chief, stressed the gaming sector&#8217;s dedication to horse racing, underscoring these contributions as indispensable for the sport&#8217;s prospects. <\/p>\n<p>Amidst dwindling horse racing engagement and looming governmental adjustments to gambling regulations, the UK wagering sector, spearheaded by the Betting and Gaming Council (BGC), is implementing measures to alleviate apprehensions, especially regarding financial capacity verification. <\/p>\n<p>A key endeavor, initiated earlier this month, is a self-imposed code of practice for client due diligence.  Formulated by the BGC and endorsed by both the Gambling Commission and governing authorities, these precepts seek to unify procedures and reduce the necessity for intrusive fiscal paperwork. This is viewed as an interim solution while a more all-encompassing framework for monetary risk evaluation is devised and enacted. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK bookmakers affiliated with the Betting and Gaming Council (BGC) are projected to provide an unprecedented sum in tax receipts to bolster horse racing within Britain. Despite hurdles such as dwindling attendance and wagering income, these firms will pay an estimated \u00a3105 million (approximately $133 million) in levies. This signifies a substantial rise from the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Bookmakers<\/title>\n<meta name=\"description\" content=\"Discover how UK bookmakers are set to inject a record-breaking \u00a3105 million into British horse racing through the Horserace Betting Levy, despite industry challenges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Bookmakers Set to Deliver Record Tax Revenue for Horse Racing\" \/>\n<meta property=\"og:description\" content=\"Discover how UK bookmakers are set to inject a record-breaking \u00a3105 million into British horse racing through the Horserace Betting Levy, despite industry challenges.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/\" \/>\n<meta property=\"og:site_name\" content=\"Your One-Stop Shop for Licensed Online Casino Games &amp; Updates\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T21:53:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:09:47+00:00\" \/>\n<meta name=\"author\" content=\"Zoe &quot;Zephyr&quot; Rogers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoe &quot;Zephyr&quot; Rogers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/\",\"url\":\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/\",\"name\":\"UK Bookmakers\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoleopromocode.icu\/#website\"},\"datePublished\":\"2024-06-15T21:53:51+00:00\",\"dateModified\":\"2024-06-17T10:09:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptoleopromocode.icu\/#\/schema\/person\/3d91adaf2caf3c4186bba411a6164b56\"},\"description\":\"Discover how UK bookmakers are set to inject a record-breaking \u00a3105 million into British horse racing through the Horserace Betting Levy, despite industry challenges.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoleopromocode.icu\/2024\/06\/16\/uk-bookmakers-set-to-deliver-record-tax-revenue-for-horse-racing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/cryptoleopromocode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK Bookmakers Set to Deliver Record Tax Revenue for Horse Racing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoleopromocode.icu\/#website\",\"url\":\"https:\/\/cryptoleopromocode.icu\/\",\"name\":\"Your One-Stop Shop for Licensed Online Casino Games &amp; Updates\",\"description\":\"Unlock the secrets of casino success through our comprehensive news, detailed game reviews, and expert articles. 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