Horse Racing: Costs

(asked on 3rd December 2025) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, pursuant to the Answer of 30 October 2025 to Question 78837 on Rural Areas: Economic Situation, what assessment she has made of the difference between the increase in costs for horseracing due to (a) the change in business rates, (b) the increase in the national minimum wage, and (c) the increase in Employer's National Insurance Contributions and the expected levy yield.


Answered by
Ian Murray Portrait
Ian Murray
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 11th December 2025

We continue to engage with racing and betting stakeholders to understand the impact of recent changes made by His Majesty’s Treasury.

The horserace betting levy is based on the profits of bookmakers, which fluctuate according to the results of races. The levy is designed in this way so that the risk is shared between betting and racing stakeholders.

The levy, which reached £108m in 2024/5 represents a small proportion of racing’s overall income when compared with contributions from betting operators for media rights, income from racegoers and contributions from owners and trainers. The levy yield for the year to 31 March 2025 is a new high since the Levy collection reforms of 2017/18, exceeding the 2023/24 figure of £105m.

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