Not to be confused with Horserace Betting Levy Appeal Tribunal.
The Horserace Betting Levy Board (HBLB), commonly abbreviated to the Levy Board, is a non-departmental public body of the Department for Culture, Media and Sport in the United Kingdom. It is a statutory body established by the Betting Levy Act 1961 and is 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 Levy Board receives no central Government grant-in-aid or National Lottery funding. Instead, it is required by the Act to collect a statutory levy from the horse racing business of bookmakers which it then distributes for the improvement of horse racing and breeds of horses and for the advancement of veterinary science and education.[1]
In the year to 31 March 2022, levy yield was £98m, an increase on the below average £82m in the previous year of 2020/21 (a reflection of the temporary suspension of racing during April and May 2020 following the COVID-19 outbreak.[2]). Through 2020 and stretching into 2023, the Levy Board agreed to make contributions to racing significantly above normal, drawing on its reserves, meeting additional regulatory costs incurred in relation to staging race fixtures, issuing loans and increasing its grants to race prize money. The latter made up partially for the reduced contributions from racecourses arising from the absence of paying crowds at race meetings for most of 2020 and some of 2021. The Board also took a £21.5m loan from Government's Sport Survival Package in 2021 to help support the sport through the post-COVID period, with sums to be repaid by the Board annually until 2030.
In a normal year, the largest share of the levy is spent on race prize money, but it also provides funding for regulation and integrity services, racing and breeding industry training and education, projects for the benefit of the thoroughbred horse, loans to racecourses for capital projects and resources for various other activities pursuant to the organisation's statutory objectives.[3]
^"About the HBLB". Horserace Betting Levy Board. Retrieved 13 April 2013.
^[1], HBLB Annual Report Reviews Year of Covid-Related Funding and Initiatives
^Waterman, Jack (1999). The Punter's Friend. Harpenden, Herts, UK: Queen Anne Press. ISBN 1852916001.
and 25 Related for: Horserace Betting Levy Board information
The HorseraceBettingLevy Appeal Tribunal is a non-departmental public body in the Department for Digital, Culture, Media and Sport of the Government...
conjunction with the British Horseracing Board (itself an offshoot of The Jockey Club) and the HorseraceBettingLevyBoard. These regulatory responsibilities...
from the Gaming Board for Great Britain, in regulating arcades, betting, bingo, casinos, slot machines and lotteries, but not spread betting (regulated by...
commercial law barrister, King's Counsel and current chair of the HorseraceBettingLevyBoard. Darling grew up in Cleadon in County Durham and went to Tonstall...
replaced the board of governors in 2007. The board sets the strategy for the corporation, assesses the performance of the BBC's executive board in delivering...
and businessperson who from 2009 to 2020 was chairman of the HorseraceBettingLevyBoard. Lee read law at Clare College, Cambridge and joined Addleshaw...
The BBC Board is the governing board of the British Broadcasting Corporation. The board replaced the BBC Trust in April 2017. The chair and four non-executive...
administrative reforms. It became easier to lend objects, the constitution of the board of trustees changed and the Natural History Museum became fully independent...
habitats in the face of climate change. The Royal Parks charity is led by a board of trustees, which decides how the charity is run, how it spends its money...
request of Cole, produced a design for the museum, but it was rejected by the Board of Trade as too expensive. The current site was occupied by Brompton Park...
Dunhuang Go Manual, the earliest surviving manuscript on the strategic board game of Go from Dunhuang, China (6th century) Askew Codex, unique manuscript...
body, which was established by the Museums and Galleries Act 1992 as "The Board of Trustees of the Tate Gallery". The gallery was founded in 1897 as the...
Media and Sport appoints members of the Commission, which is the governing board of the Historic Buildings and Monuments Commission for England and oversees...
GB News in breach of Ofcom rules 11 times in a year, Ofcom has refused to levy any fines or penalties against the network, instead preferring to simply...
the collection, even for loan exhibitions. However in September 2019, the board of trustees announced that they had obtained an order from the Charity Commission...
operational until 1671, when it was finally absorbed by the Ordnance Board; the board continued to maintain, and indeed expanded, the Armoury as a museum...
Trustee. Today, as Ascot Authority (Holdings) Limited, Ascot has a formal board chaired by Sir Francis Brooke Bt. who also serves as Her Majesty's Representative...
provided funding for new and experimental film-makers via the BFI Production Board. The institute received a royal charter in 1983. This was updated in 2000...
British Horseracing Authority Other bodies British Racing School HorseraceBettingLevyBoard National Association of Racing Staff Racehorse Owners Association...
Chester. In May 2012, all former Tote betting positions were replaced by the racecourse's own in-house chesterBETbetting system. In 2013 a new pub and restaurant...