{"id":213,"date":"2024-06-19T04:22:38","date_gmt":"2024-06-19T01:22:38","guid":{"rendered":"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/"},"modified":"2024-06-20T17:14:39","modified_gmt":"2024-06-20T14:14:39","slug":"modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry","status":"publish","type":"post","link":"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/","title":{"rendered":"Modernizing the Horserace Betting Levy: A Call for Collaboration Between Bookmakers and the Racing Industry"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/3XGxapnpASg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>UK betting firms are advocating for the abolishment of the antiquated horserace betting levy and its replacement with a modernized framework. They contend that the existing levy, established five decades ago, is obsolete and that a revised accord would be advantageous for both the racing and wagering sectors.<\/p>\n<p>The ABB, representing British bookmakers, proposes a voluntary system founded on an equitable distribution of race betting revenues. They desire greater influence in shaping the structure of racing, believing they can contribute to a more commercially viable product. The ABB posits that this would result in more captivating races, benefiting all stakeholders.<\/p>\n<p>To realize this objective, they have called for direct discussions with the horse racing industry to forge a mutually advantageous business partnership. They implore the government to endorse this process and furnish assistance, such as prolonging the current VAT exemption for the betting sector. <\/p>\n<p>Mostly agreed with this concept and are pleased to receive the administration&#8217;s request to meet with the equestrian sport sector. Collaborative efforts are necessary to determine a viable economic strategy for 2014 and further. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK betting firms are advocating for the abolishment of the antiquated horserace betting levy and&#8230;<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Horserace Betting Levy: UK Bookmakers Call for Modernized System<\/title>\n<meta name=\"description\" content=\"Is the UK\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Modernizing the Horserace Betting Levy: A Call for Collaboration Between Bookmakers and the Racing Industry\" \/>\n<meta property=\"og:description\" content=\"Is the UK\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Next Generation of Online Casino Entertainment\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T01:22:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:14:39+00:00\" \/>\n<meta name=\"author\" content=\"Serenity &quot;Sage&quot; McCormick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Serenity &quot;Sage&quot; McCormick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/\",\"url\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/\",\"name\":\"Horserace Betting Levy: UK Bookmakers Call for Modernized System\",\"isPartOf\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-19T01:22:38+00:00\",\"dateModified\":\"2024-06-20T14:14:39+00:00\",\"author\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#\/schema\/person\/1ae2c549b7c9bf2f6e7354a2cbb03a70\"},\"description\":\"Is the UK\",\"breadcrumb\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/19\/modernizing-the-horserace-betting-levy-a-call-for-collaboration-between-bookmakers-and-the-racing-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Modernizing the Horserace Betting Levy: A Call for Collaboration Between Bookmakers and the Racing Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/\",\"name\":\"Experience the Next Generation of Online Casino Entertainment\",\"description\":\"Unleash your gambling potential with our up-to-date news, comprehensive reviews, and expert articles. 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