Commenting on toda?_x0019_s Budget, BHB Chief Executive, Tristram Ricketts, said:
“The Racing and Betting Industries will be very disappointed that their strong pre-Budget representations for a cut in General Betting Duty have fallen on deaf ears. As a result of the Chancellor’s failure to take immediate action, competition from off-shore operators will grow further – and grow quickly. The Exchequer, Racing and the domestic bookmaking industry will all be hit where it hurts – in the pocket.
“We nevertheless welcome the Government’s decision to consult on the need to replace the present duty structure and look forward to participating in that process.”
For further information, contact Tristram Ricketts on 0171-343-3304