Horserace Betting Levy Board

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Statutory Functions: 
Levy Collection, Improving Horseracing, Advancing Veterinary Science and Education, Supporting Breeds
 
Corporate Governance:  Annual Report, Policy Statement
 
Codes of Practice:  Codes of Practice on Equine Diseases
 
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About the HBLB
The HBLB is a statutory body established by the Betting Levy Act 1961 and now operating in accordance with the provisions of the Betting, Gaming and Lotteries Act 1963 (as amended). Its role is to assess and collect monetary contributions from bookmakers and the Tote via a levy, which it then distributes for the improvement of horseracing and breeds of horses and for the advancement of veterinary science and education.

For the financial year 2008/09 the levy was distributed as follows:

£'000
TOTAL 101,975
Prize money 59,418
Integrity Services 24,978
Other racecourse expenditure 7,729
Administration 3,614
Veterinary 2,633
Improvement of breeds 1,917
Training 973
Other improvements (net) 449
Bookmakers' Committee 264


Bookmakers’ Committee
The Bookmakers’ Committee is responsible for making annual recommendations to the HBLB regarding the terms, rates and conditions which will apply to the next Levy Scheme. It has 13 members representing the major companies and trade associations in the betting industry.


Prize Money
Picture: Horses in a Newmarket Race
The HBLB provides over 50% of the total prize money in each calendar year.


Integrity Services
The HBLB provides grants to racecourses to help cover the British Horseracing Authority's costs of providing integrity services which include drug testing and research. Camera patrol and photo finish services grants are also paid to the racecourses.


Breeders’ Prizes
The promotion and success of British breeding on a global scale is assisted by the HBLB's provision of annual funding for a Breeders' Prizes Scheme.


Capital Fund
Picture: Newbury Grandstand
The HBLB supports the improvement of racecourses by way of interest-free loans from its £51 million Capital Fund.


Industry Training and Education
Picture: Racing silks designed by pupils of Barlows Primary School, Fazakerley
The successful breeding, training and racing of thoroughbreds relies on numerous grooms, riders and jockeys with specialist skills and knowledge. Their recruitment and training is substantially funded through the levy, as is Racing's schools education programme.


2010 Tristram Ricketts Fellowship
In 2009 the HBLB awarded a fellowship to an individual to further their understanding of horseracing and so enhance their effectiveness at work and their contribution to the sport. 2010 application details are now available.

 

 
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