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). Unlike some other non-departmental public bodies, the HBLB receives no central Government grant-in-aid and no National Lottery funding. Instead, it is required by the Act to collect a statutory levy from the horseracing business of bookmakers and the Tote successor company 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 2010/11 the Levy was distributed as follows:

£'000
TOTAL 83,809
Prize Money 48,963
Integrity Services 21,835
Racecourses 3,910
Administration 3,403
Improvement of breeds 1,245
Veterinary 1,009
Training 892
Other 2,017
Bookmakers' Committee 535


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 some 50% of the total prize money in each calendar year.


Integrity Services
The HBLB provides grants to racecourses to help cover regulation and integrity costs including camera patrol and photo finish equipment and the fees charged by the British Horseracing Authority for its services such as raceday veterinary and security officials and drug testing.


50th and 51st Levy Scheme
The terms of the 51st Levy Scheme (1st April 2012 to 31st March 2013) were agreed on 31st October 2011. Details of the Scheme can be found here. A statement made by the three Government Appointed Members (GAMs) of the Horserace Betting Levy Board on the 51st Levy Scheme can be found here.

The Determination of the 50th Levy Scheme was announced by Government in February 2011. Click here for further details. Submissions relating to the 50th Levy Scheme can be found here.




Veterinary Science and Education
HBLB has a long history of supporting the health and welfare of the Thoroughbred horse by targeting funding into priority areas of equine veterinary research and training. Some of the important advances that have been made as a result are highlighted in the current edition of Thoroughbred Owner Breeder magazine.

Applications are now being invited to fill the 3 education awards recently awarded by HBLB. There are two research scholarships and one clinical scholarship available. Further information and details on how to apply can be found in the Veterinary Record.




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.


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.


Betting Exchanges Consultation
The consultation closed on 20th September 2010 (with a period permitted for further representations until 23rd November 2010).

Responses to the consultation and further submissions (including documents published by HBLB on 27th May 2011) can be found by clicking here.

 

 
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