House of Commons · Written Ministerial Statement
Conclusion of the 2024 Horserace Betting Levy Review
25 March 2026 · Department for Culture, Media and Sport
Proposed by Ian Murray Lab Edinburgh South
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The 2024 Horserace Betting Levy Review has concluded.
- The government will maintain the current rate of the horserace betting levy without extension to overseas racing.
- Support for improved governance and horse welfare in British racing is affirmed.
Issue summary
The statement discusses the conclusion of the 2024 Horserace Betting Levy Review.
Action requested
The government does not plan to change the rate of the horserace betting levy or extend it to overseas racing, aiming for stability in the gambling sector. It supports initiatives for better governance and horse welfare within British racing.
Key facts
- The Horserace Betting Levy is paid by bookmakers with annual gross profits on British horseracing over £500,000 at a rate of 10%.
- Last year’s levy yield was £108 million.
- The Government does not support extending the levy to overseas racing.
- The government introduced changes to the levy in 2017 and committed to another review by April 24, 2024.
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