The future of British horse racing is at risk unless the government urgently rethinks new gambling policies, according to a cross-party parliamentary group.
In a report released on Sunday night, the All-Party Parliamentary Group (APPG) for Racing and Bloodstock warned that a combination of tax changes, strict affordability checks designed to stop problem gambling and a failure to reform racing’s main funding system could cause lasting damage to one of the UK’s most popular sports.
The APPG, made up of MPs and peers, is not a parliamentary select committee. All funding comes from within the racing industry, with the British Horseracing Authority leading on organisation as the secretariat.
