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Conclusion of the 2024 Horserace Betting Levy Review

25 March 2026

Proposing MP
Ian Murray Lab
Edinburgh South
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport
View on Parliament.uk -->

At a Glance

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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