OpinionOn The Money
premium

A warning for governments over illegal betting - and British racing must hope Rachel Reeves was listening

Industry editor Bill Barber’s weekly take on the key stories from the worlds of racing and betting

author image
Industry editor
The BHA and the BGC have warned of dire consequences should Chancellor Rachel Reeves heed calls to dramatically raise taxes on betting
Chancellor of the exchequer Rachel Reeves will present her first budget next weekCredit: Oli Scarff (Getty/Images)

Tackling the gambling black market on racing has exercised the minds of the sport's leaders across the world for some time.

Last week it was announced the Asian Racing Federation's council on anti-illegal betting is to expand to become a global entity from a regional body under the auspices of the International Federation of Horseracing Authorities (IFHA).

The council's main purpose thus far has been to "educate government policy makers, regulators, and other stakeholders that illegal betting is a major threat to racing and sports integrity and also has a highly negative impact on society".

Read the full story

Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.

Subscribe to unlock
  • Racing Post digital newspaper (worth over £100 per month)
  • Award-winning journalism from the best writers in racing
  • Expert tips from the likes of Tom Segal and Paul Kealy
  • Replays and results analysis from all UK and Irish racecourses
  • Form study tools including the Pro Card and Horse Tracker
  • Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Subscribe

Already a subscriber?Log in

Published on inOn The Money

Last updated

iconCopy