Line racing collection: letter of bookmakers Culture Secretary Jeremy Hunt
But the complete does not back up this claim.
Paris, supports not only by the Levy, British Racing a statutory grant funded by a tax on the profits of Paris on Racing UK.
Our industry is also racing British by payment to cover television courses and meetings sponsorship and courses.Les revenue generated for the British Horseracing both increased as the Levy revenues declined.
In the coming years, the British horse racing industry revenues will be further boosted by over inflation increases already accepted in the lucrative new contracts for SIS and grass will commence in 2012, and include the costs in advance received by racecourses television TV images.
Other income are also in good health.Racecourse Association announced an increase of 4% attendance globale.En effect, far from industry of British Horseracing in financial crisis, the main sociétés de courses groups appear to be likely to increase profits. Leisure arena, including courses 26% of machines take place, already posted a substantial increase in profits.
At the heart of the problem is that the British horse racing industry seems determined to ignore - revenue from the Levy is mainly because fewer people are betting on British Horseracing.Its relevance for the NRC client continues to decrease.
British Horseracing as all corporations, must adapt to the evolution of the situation rather than to expect a bailout by increased grant established in 1961 to offset the impact expected from outside those betting on attendance racecourses.The world has changed many things in the past 50 years.Colombia-British Horseracing, protected by this grant has failed to adapt.
Betting industry is pleased to work with racing horse britanniques.Mais given our revenues decline Paris on British Horseracing and increased money pay TV rights, "United Racing" calls for an increase in the Levy is justification.En effect, if anything, the value fall of British horse races in Paris makes the case for a reduction in the Levy.
British Horseracing should consider entering not outwardly, and solutions.bookmaking cannot if expected to pay a percentage higher profits to prop an industry whose problems are mainly from its own fabrication.Nous are convinced that Mr. Hunt will examine this larger picture when it comes to render its decision on the system of 50th collection.
Will be Roseff, President, Committee of bookmakers
Richard Glynn, CEO, Ladbrokes plc
Neil Goulden, President Emeritus of the Gala Coral Group
Ralph Topping, CEO, William Hill plc
David Yu, CEO, Betfair
Keith Johnson, President, National Association of British bookmakers
Warwick Bartlett, President, Association of British bookmakers
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