J Alfred Prufrock
At the Start
From today's ROA newsletter:
To which I say "not in my name".
The Horsemen's Group, the BHA and the Racecourse Association have no mandate to speak "on behalf of all of racing", or even just for me.
A huge and very important constituency of racing - punters - continues to be routinely ignored by those in power, and gestures such as these deserve to be seen as fraudulent while that remains the case.
RACING UNITES TO SECURE FAIR RETURN FROM BETTING
Racing has launched a campaign calling on the Government and the Levy Board to secure a fair return from the betting industry, after an unacceptable fall in the funding of the sport.
The Racing United: Campaign for a Fair Levy is based around a new charter urging the closure of clear loopholes that exist in the current Levy system, which has allowed funding for racing to drop by more than a third in two years from £115m in 2008 to just £75m in 2010.
While continuing to enjoy gross wins of £1 billion a year just from taking bets on British racing, bookmakers are increasingly basing their online and telephone businesses offshore to avoid paying the Levy, in addition to exploiting threshold rules originally set up to exempt only small independent high street bookmakers.
Betting exchanges, which did not exist when the Levy was introduced, are also not providing British racing with a fair return. Furthermore, no Levy is received from bets being placed in Britain on overseas racing, despite this being standard in several other parts of the world.
The Racing United Charter addresses such issues with the current system, while also making clear that if the vital modernisation does not take place the whole sport is committed to the creation of a modern market in which betting operators wanting to offer a bet must enter into enforceable contracts to do so.
The Charter has been launched jointly by the British Horseracing Authority, the Horsemen's Group and the Racecourse Association, which represent jointly the trade associations of racecourses, breeders, jockeys, stable staff, owners and trainers involved in British racing. It is available for signing at a dedicated website.
Racing has launched a campaign calling on the Government and the Levy Board to secure a fair return from the betting industry, after an unacceptable fall in the funding of the sport.
The Racing United: Campaign for a Fair Levy is based around a new charter urging the closure of clear loopholes that exist in the current Levy system, which has allowed funding for racing to drop by more than a third in two years from £115m in 2008 to just £75m in 2010.
While continuing to enjoy gross wins of £1 billion a year just from taking bets on British racing, bookmakers are increasingly basing their online and telephone businesses offshore to avoid paying the Levy, in addition to exploiting threshold rules originally set up to exempt only small independent high street bookmakers.
Betting exchanges, which did not exist when the Levy was introduced, are also not providing British racing with a fair return. Furthermore, no Levy is received from bets being placed in Britain on overseas racing, despite this being standard in several other parts of the world.
The Racing United Charter addresses such issues with the current system, while also making clear that if the vital modernisation does not take place the whole sport is committed to the creation of a modern market in which betting operators wanting to offer a bet must enter into enforceable contracts to do so.
The Charter has been launched jointly by the British Horseracing Authority, the Horsemen's Group and the Racecourse Association, which represent jointly the trade associations of racecourses, breeders, jockeys, stable staff, owners and trainers involved in British racing. It is available for signing at a dedicated website.
To which I say "not in my name".
The Horsemen's Group, the BHA and the Racecourse Association have no mandate to speak "on behalf of all of racing", or even just for me.
A huge and very important constituency of racing - punters - continues to be routinely ignored by those in power, and gestures such as these deserve to be seen as fraudulent while that remains the case.