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Labour Politicians Looking Into Expanding Gambling Levy

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Currently in the United Kingdom, Bookmakers have to pay a Levy on all horse racing bets to The Horserace Betting Levy Board.  The board then uses this money for; race prize money, funding for race day services, veterinary science, industry training and educations and loans for racecourses.

Clive Efford, the Shadow Sports Minister and Harriet Harman, the Shadow Culture Secretary have put forward a proposal that could result in all online and land based bookmakers having to pay a levy on all sports bets.  This would raise millions of pounds, which in turn would be put back into the British community.  The money would be spent on helping problem gamblers and also the development of grass root sports.

 

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by Kelly Kelly