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1579525

	registered interest
	date	23/01/2023
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Horse Racing: Betting
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, if her Department will bring forward the date of its review into the Horserace Betting Levy.
	tabling member constituency	Blackpool South
	tabling member printed	Scott Benton
	type	WrittenParliamentaryQuestion
	uin	129985
	answer	answer is ministerial correction date of answer 31/01/2023 answer text <p>The Government recognises the significant contribution that racing makes to British sporting culture and its particular importance to the British rural economy.</p><p>In April 2017, we made significant reforms to the Horserace Betting Levy by fixing the Levy rate at 10% and extending the scope of the Horserace Betting Levy to include offshore online bookmakers for the first time. These reforms resulted in Levy income to support the racing industry totalling £83 million in 2018/19. In 2018/19 the Levy returned £83 million and in 2019/20 the Levy returned £97 million to racing. Even with the suspension of racing for a period due to covid the Levy returned £82 million in 2021/22 and then £97 million in 2021/22.</p><p>The Government is committed to review the Horserace Betting Levy by 2024. The department engages regularly with racing stakeholders including the British Horseracing Authority and we will consider carefully any information they provide. The Government will continue to work with the industry and the Levy Board to make sure the benefits of the Horserace Betting Levy are maximised.</p><p>The Sports Economy team within the Department for International Trade (DIT) are actively engaging with the British horse racing industry to discuss their target markets internationally and how they can be supported in these regions. DIT is also working closely with the industry on the best way of attracting international investors into the British thoroughbred market and opportunities in the form of trade missions surrounding major international meetings with a strong UK presence.</p><p>British horseracing and breeding is promoted as part of the GREAT Britain &amp; Northern Ireland campaign, showcasing the best of the UK in over 164 countries across the globe. This recognises the cultural and economic importance of horse racing to the UK and the role it plays as a soft power asset for the country internationally.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully grouped question UIN 129986 129987 question first answered 31/01/2023 09:26:47 answering member 4414 label Biography information for Paul Scully
	tabling member	4793 label Biography information for Scott Benton

1579526

	registered interest
	date	23/01/2023
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Horse Racing: Betting
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make an assessment of the potential merits of (a) extending the Horserace Betting Levy to apply to bets on races taking place outside racing in Great Britain and (b) charging industry operators a levy based on their annual turnover.
	tabling member constituency	Blackpool South
	tabling member printed	Scott Benton
	type	WrittenParliamentaryQuestion
	uin	129986
	answer	answer is ministerial correction date of answer 31/01/2023 answer text <p>The Government recognises the significant contribution that racing makes to British sporting culture and its particular importance to the British rural economy.</p><p>In April 2017, we made significant reforms to the Horserace Betting Levy by fixing the Levy rate at 10% and extending the scope of the Horserace Betting Levy to include offshore online bookmakers for the first time. These reforms resulted in Levy income to support the racing industry totalling £83 million in 2018/19. In 2018/19 the Levy returned £83 million and in 2019/20 the Levy returned £97 million to racing. Even with the suspension of racing for a period due to covid the Levy returned £82 million in 2021/22 and then £97 million in 2021/22.</p><p>The Government is committed to review the Horserace Betting Levy by 2024. The department engages regularly with racing stakeholders including the British Horseracing Authority and we will consider carefully any information they provide. The Government will continue to work with the industry and the Levy Board to make sure the benefits of the Horserace Betting Levy are maximised.</p><p>The Sports Economy team within the Department for International Trade (DIT) are actively engaging with the British horse racing industry to discuss their target markets internationally and how they can be supported in these regions. DIT is also working closely with the industry on the best way of attracting international investors into the British thoroughbred market and opportunities in the form of trade missions surrounding major international meetings with a strong UK presence.</p><p>British horseracing and breeding is promoted as part of the GREAT Britain &amp; Northern Ireland campaign, showcasing the best of the UK in over 164 countries across the globe. This recognises the cultural and economic importance of horse racing to the UK and the role it plays as a soft power asset for the country internationally.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully grouped question UIN 129985 129987 question first answered 31/01/2023 09:26:47 answering member 4414 label Biography information for Paul Scully
	tabling member	4793 label Biography information for Scott Benton