Fair play to the woman

The only thing I’d question is why racing is on its arse?

yet these bookmakers are making fortunes...to think she’s made 473 million for herself and paid 1/2 billion in tax, racing surely contributes plenty to the profit, so why isn’t a percentage taken to go back into racing??

Surely the percentages and contributions to racing are a mile out?

(Responding to Harry's post) The main stakeholders are struggling to agree on horseracing’s future and have been for some time now. This gets brought up time and time again in the racing media. The sport needs independent scrutiny otherwise it'll continue to fall into a mire with vested interests just squabbling between themselves. What is needed is a strong evidence base so that intrenched views can be challenged. From what I can gather so far, it’s not there. For example, do we know what happens to every racehorse from "cradle to grave"? How much financial information could be obtained from betting companies in a sufficiently disaggregated form for it to be useful? How much money comes back into racing and how is it distributed? You start to realise things are not as they should be when a rehoming charity like the Racehorse Sanctuary sends out a twitter message on the 16th March, during the Cheltenham festival, but doesn't see a surge in donations to their JustGiving winter covid appeal.(They also had a Reliant on Racing slot on ITV racing which would have been viewed by a large audience). The Wellchild sponsorship at the Cheltenham festival, which raised £200,000, was a wonderful idea but this should not distract from the truth.

I think it’s time to separate the regulator the BHA and the finances of the sport carveth tbh

A separate body that looks after the finances and looks into bookmakers gains really needs addressing?

People say the french model of a tote take out isn’t good but at least it fund’s the sport...Australia works on a tab system that once again goes back into racing...some of the greyhound races in Australia are worth more than British races and that’s day to day....so it’s clear the sport is being raped by the betting firms, that is clear because of the profits these companies are making

I mean bet 365 have basically made over a billion pounds, it is a monster...racing needs to know exactly how much of these profits are made through horse racing...

The direct payments made to the levy per race isn’t good enough...it should be what are the yearly profits made from racing and the wealth should be spread more back into the sport...we wouldn’t end up with 4 runner races anymore if the racing is sustainable and the bookmakers would make more on turnover, they are just diluting the product as people now take the good horses abroad as they have had enough of the poultry prize money

Looking at the french, you can’t tell me they make nearly the turnover on their racing, yet its competitive because the prize money is good...

These profits bet 365 are making just shows how little these bookmakers contribute to any sport they take bets on

pure greed..I'd say trading standards need to look into these firms that class themselves as bookmakers.  They don't make books anymore, they copy the odds from betfair, add their margin, and ban anyone that shows "potential" to squeeze a little profit.  Her wealth is the result of exploiting desperate, ill-informed punters, some of which, have serious gambling problems.  Disgusting firm!

Her salary was more than twice the company's profits from the entire year, but if punters make a couple of hundred quid their maximum stakes are reduced to virtually nothing. It's a completely unfair system and would not be tolerated in any other business.

Come the glorious day comrades.... up against the wall!

if the tote wasnt greedy it could be very strong,it needs to cut the take out and then advertise how many times they beat sp


I think the point is missed here tbh...if bet 365 are making over a billion a year...what is the take out from horse racing? And what percentage of that profit goes towards horse racing?

Why can we not have the figures?

None of it makes any sense to me...

If I worked at the BHA I’d have to question why the sport is on its arse and not thriving when I see these profits...government intervention and a separation is needed for the sport to progress

she,s basically laundering drug /criminal money from south america,far east etc

75% of the T/O comes from abroad
In the Wild west where profit margins are
HUGE

Not seen the details but imagine charity is set up to be DC's retirement job (and probably her ticket to the House of Lords as Lady Bet365 of Stoke).

I think she deserves every penny given she and her dad out-thought and out-manoeuvred all the other behemoth public bookmaking entities. Her annual contribution to The Exchequer, support of local charities and full payment of her staff during Covid pandemic not utilising government financial package something even the major supermarkets eg Tesco, Sainsbury, etc, cannot match.