To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.152 of Budget 2015, HC1093, what progress his Department has made on introducing a new Horserace Betting Right.
Answered on
6 July 2015
The Government remains committed to replacing the current levy system to create a level playing field for British based and offshore gambling operators. Responsibility for implementing this policy rests with the Secretary of State for Culture, Media and Sport.
It has always been recognised that more work will be needed on the detailed design of a Horserace Betting Right. This work is now under way and DCMS expect it to be completed later this year. A target date for introducing a bill has not been set as this will depend on both the completion of the detailed design work and the availability of Parliamentary time.