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A stark warning for British racing as vested interests continue to undermine progress
Industry editor Bill Barber's weekly take on the key stories from the worlds of racing and betting
It would not be controversial to say British racing is facing a multitude of challenges and has been for some time.
Whether it be the threat of draconian regulation of gambling, falling betting turnover, declining attendances or the loss of both owners and equine talent, there appears to be general agreement the sport requires new investment and a clear strategy.
However, the following words, written in an article about sports as investments for the website Sportcal by Mark Oliver, the co-founder and chair of strategic advisory firm Oliver & Ohlbaum, may sound familiar.
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Published on inOn The Money
Last updated
Copy- British racing's problems are not all of its own making but recent call to action must be heeded
- There is no misunderstanding - the Gambling Commission is responsible for the confusion caused by affordability checks
- Labour government starts making progress on gambling reform - but tone of announcement gives cause for concern
- Racing is losing precious time as the Jockey Club's search for a leader suffers major blow
- Kneejerk reaction to Gambling Commission report from opportunistic critics was all too predictable
- British racing's problems are not all of its own making but recent call to action must be heeded
- There is no misunderstanding - the Gambling Commission is responsible for the confusion caused by affordability checks
- Labour government starts making progress on gambling reform - but tone of announcement gives cause for concern
- Racing is losing precious time as the Jockey Club's search for a leader suffers major blow
- Kneejerk reaction to Gambling Commission report from opportunistic critics was all too predictable