Friday 27th May 2011
In March 2011, the Horserace Betting Levy Board (HBLB) issued an update on the Betting Exchanges Consultation advising that it had received legal opinions from Michael Fordham QC and Lord Pannick QC. HBLB published those opinions and invited comments on them.
HBLB has today published those comments.
Further to the Board’s consideration of those legal opinions and the issues raised by respondents, additional legal advice was sought from both Michael Fordham QC and Lord Pannick QC. HBLB has also today published this additional advice.
HBLB has also today published two other documents which the Board has considered, namely a letter from Olswang to Paul Roy of 19th April and a Board paper for the HBLB Board meeting on 20th April.
The Board will give further consideration to the matters raised at its next meeting on 8th June.