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Horse Racing Enters New Era As Levy On Bookmakers Comes Into Force

Published in SportsBusiness Daily Global on 04 / 26 / 17

Horse racing on Monday entered a "new era" as a levy on bookmakers came into force, according to the LONDON TIMES. From Tuesday, bookies will have to pay 10% of their gross profits from racing from all betting operators, "whether operating on or off course, on or off shore." The changes mean that th...

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Tags: Finance, United Kingdom

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