Tomorrow is and has always been a pants day for horseracing anyway. As such, this "bookie" related exercise will have the barest of hiccup to horseracing.
A pathetic and non-effectual protest or effort against the unification of taxation for horseracing and fobt. A more meaningful and effective protest will be a month without horseracing in June when Royal Ascot and the Epsom Derby are being held.
Tomorrow is and has always been a pants day for horseracing anyway. As such, this "bookie" related exercise will have the barest of hiccup to horseracing. A pathetic and non-effectual protest or effort against the unification of taxation for horserac
Is the London Tube running tomorrow? If so, I'd make my way to Borough Market to sample some delicious street market food, and the ambience. Then into China Town for more food.
Is the London Tube running tomorrow? If so, I'd make my way to Borough Market to sample some delicious street market food, and the ambience. Then into China Town for more food.
if you want a bet just bet on the other 80% of bookmakers betting turnover, who no,s by thurs THE BRAINS TRUST of british racing may have reduced bookmakers racings turnover to below 20%
if you want a bet just bet on the other 80% of bookmakers betting turnover, who no,s by thurs THE BRAINS TRUST of british racing may have reduced bookmakers racings turnover to below 20%
agree 1tp. People will look to other things to bet on and realise it's more lucrative, big own goal from the BHA.
I'm gonna follow stewyb (ex-UK horse racing pro punter) and stay up all night backing favs on the Aussie trots.
agree 1tp. People will look to other things to bet on and realise it's more lucrative, big own goal from the BHA.I'm gonna follow stewyb (ex-UK horse racing pro punter) and stay up all night backing favs on the Aussie trots.
we should really hope BHA count it as a success and they may go further and strike every tues,wed,thurs,wonder who gets to ask a planted ? at PMQ,s, in case they dont get called he,s your answer i dont comment on ?, around the budget before their announced still not sure why racings striking over a possible bookmakers tax rise ,when those paying the tax are open for business as usual,even racing in ire, high st/online bookmakers dont even agree with racings position on this, would be like TUBES running today but passengers boycotting them because the TUBE getting their costs raised
we should really hope BHA count it as a success and they may go further and strike every tues,wed,thurs,wonder who gets to ask a planted ? at PMQ,s, in case they dont get called he,s your answeri dont comment on ?, around the budget before their anno
The individuals trawled out to comment on the BBC eg Marquand and a BHA official (I think) are the two least affected in horseracing. These two individuals have vested interest.
For instance, Marquand, who earns more than the average jockey by a long mile, saying the state of horseracing has driven some jockeys to ply their trade elsewhere. This is not even a starter of an argument. No jockey is leaving the UK because of prize money, but the competition between jockeys. There is also the question of retainers by high profile and very wealthy owners and trainers.
The bloke from the BHA (Bloody Hopeless Authority) is being disingenuous for saying this could deprive horseracing in the UK of many £millions if unification of horseracing and fobt taxation goes ahead. A very simple solution is to hike taxation for non-horseraing taxation to 50% or more; retain horseracing taxation at 15%.
Tax the bookies more. Bookies create nothing tangible, but misery on the remote games eg casino, slots, etc, which can be accessed 24/7. Maybe the government could introduce a ban on remote gambling from 6pm to 11.59am daily.
The individuals trawled out to comment on the BBC eg Marquand and a BHA official (I think) are the two least affected in horseracing. These two individuals have vested interest.For instance, Marquand, who earns more than the average jockey by a long
..."government proposals would disincentivise bookmakers from maintaining that level of contribution to our sport and result in a reduction in betting duty".
This is such a biased, blinded and disingenuous statement from Jim Mullen (CEO of the Jockey Club). The above statement is mainly from the bookies being less disinterested in horseracing as a profit / revenue generation hence the restriction / reduction of accepting bets and the closure of recreational betting accounts. I'm surprised Mr Mullen has not included a probable division of betting revenue (hence taxation) from the "licensed" bookies to unregulated off-shore bookies.
The horseracing in the UK initiated its spiral decline ever since Mr Rust (a former senior bookie employee) was made CEO of the BHA.
I hope Lord Allen being an outsider is visionary and not answerable to or in cahoot with bookies. I also hope Lord Allen will cut out the cancerous participation of the licensed bookies from UK horseracing totally; the bookies are a disincentive and an embarrassment to any potential future sponsors of races in UK horseracing.
..."government proposals would disincentivise bookmakers from maintaining that level of contribution to our sport and result in a reduction in betting duty".This is such a biased, blinded and disingenuous statement from Jim Mullen (CEO of the Jockey
John Gosden to speak in Westminster on day of strike action
British Horseracing Authority chair Lord Charles Allen has urged those in the racing industry to “stand together” and “make their voices heard”, as the sport pauses on Wednesday in protest at proposed betting tax changes.
The four meetings due to take place were cancelled and rescheduled, clearing the day for the sport to make clear its opposition to potential alterations in duty, with fears tax on racing bets could be raised from the current 15 per cent to the 21 per cent levied on games of chance.
Economic analysis commissioned by the BHA suggests such a rise could cost the sport at least £66million and put 2,752 jobs at risk in the first year in what Allen termed “nothing short of an existential threat for our sport”.
An event has been organised in Westminster with the BHA’s acting chief executive Brant Dunshea, trainer John Gosden and Aintree MP Dan Carden among those due to speak, and Allen has called for a united front from all involved in the sport.
He said: “We need every part of our industry – trainers, jockeys, stable staff, racecourses, and fans – to stand together and make their voices heard and I urge people across the sport and across politics to attend Wednesday’s event.
“We are Britain’s second largest spectator sport, supporting 85,000 jobs and delivering over £4billion of economic value every year. Yet all of this is now being put at risk by a change that would devastate our funding model and the livelihoods that depend on it.
“I say directly to government and to politicians of all parties: this is not a marginal issue. This is about protecting communities across Britain, safeguarding a national institution, and preventing thousands of people from losing their jobs.
“I urge all politicians to listen carefully, to recognise the unique value of British racing, and to act decisively to #AxeTheRacingTax before irreparable damage is done.”
Kempton and Carlisle were both due to race on Wednesday and Jim Mullen, group chief executive of the Jockey Club, which owns both tracks, is in no doubt about the potential impact of raising the betting tax.
He said: “Horse racing has a symbiotic relationship with betting in a way that other sports do not, with bookmakers contributing £350million to British racing annually via the Levy, media rights and sponsorship to fund everything from prize money and jobs to veterinary and equine welfare research.
“If passed, these government proposals would disincentivise bookmakers from maintaining that level of contribution to our sport and result in a reduction in betting activity on racing.
“Research shows that this would have wide-reaching and potentially devastating consequences for people’s livelihoods and our industry, which contributes billions to the UK economy every year.”
Paul Johnson, chief executive of National Trainers Federation, believes the implications of a tax increase could provide a “defining moment” for the future of the sport with the possible financial impacts “unsustainable” and decline “inevitable” in the coming years.
He said: “Numerous businesses depend on a healthy racing industry; these proposals would set us on a path where British racing will lose its world-leading status and international investment will be reduced.
“The best horses will no longer be bred, owned, trained and raced in Great Britain. The best races will no longer take place in Great Britain.
“We urge government to recognise these potentially huge implications and instead to look to policies that will enable racing to support the national growth agenda.”
A decision on any tax change is expected in the Budget on November 26 and Dan Tomlinson, Exchequer Secretary to the Treasury, says racing’s role in the “cultural fabric” of Britain is acknowledged and underlined there has been no announcement yet.
He said: “The Chancellor has been clear that speculation on tax rises, which is what this is, is not only inaccurate, but also irresponsible. We have not announced an increase in the tax on horse race betting, and racecourse betting currently gets a 100 per cent tax break which we have no plans to change.
“We know horse racing is part of the cultural fabric of the country, that’s why it’s the only sector that benefits from a government-mandated levy. Our wider gambling consultation is only about levelling the playing field and simplifying the system, and we are working closely with the industry to understand any potential impacts.”
John Gosden to speak in Westminster on day of strike actionBritish Horseracing Authority chair Lord Charles Allen has urged those in the racing industry to “stand together” and “make their voices heard”, as the sport pauses on Wednesday in pr
" Our wider gambling consultation is only about levelling the playing field and simplifying the system" Doesn't level things though because bookies have the levy to pay on top
" Our wider gambling consultation is only about levelling the playing field and simplifying the system" Doesn't level things though because bookies have the levy to pay on top
why wouldnt betting shops be open 81% of their turnover comes from betting things other than racing, bookmakers wernt even consulted/involved in discussions over strike days
why wouldnt betting shops be open 81% of their turnover comes from betting things other than racing, bookmakers wernt even consulted/involved in discussions over strike days
Govt will look at the money spent in an average sale and come to the conclusion that things can't be that bad in racing.
Some of that money needs to feed back down into the grass roots.
Govt will look at the money spent in an average sale and come to the conclusion that things can't be that bad in racing.Some of that money needs to feed back down into the grass roots.
alcoholic/junkie millionaires murphy and THE SHOE lead the parade of silver spooned /wealthy jocks on westminster green begging the public for more £ and apologising for tax avoider frankie detorri not been present,has their ever been a more grotesque sight
alcoholic/junkie millionaires murphy and THE SHOE lead the parade of silver spooned /wealthy jocks on westminster green begging the public for more £ and apologising for tax avoider frankie detorri not been present,has their ever been a more grotes