Horse Racing: Betting
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the potential impact of increases to betting levies on employment within the horseracing industry.
Answered by Stephanie Peacock
The Government recognises the contribution made by horseracing to our regional economies and national cultural life. We are committed to bolstering and protecting this contribution and continue to engage with racing stakeholders on such matters to ensure a secure, sustainable future for the sport.
Future proposals on Gambling Levies are a matter for HMT, and we would encourage all interested parties to engage with ongoing consultations on the matter, which runs until the 21st of July. Should legislative changes come about following this consultation, we expect them to be accompanied by tax and impact notes from HMT, as is standard practice.
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