Income Of Any Luck
  • Politics
  • Tech News
  • Stock
  • Business
  • Editor’s Pick
BusinessEditor's Pick

British horse racing to strike for first time in protest at betting tax hike

by August 17, 2025
August 17, 2025
The future of British horse racing is under serious threat unless the government urgently reconsiders proposed tax changes and new gambling regulations, a cross-party group of MPs and peers has warned.

British racing will stage the first strike in its modern history next month, cancelling all fixtures on 10 September in protest at the Treasury’s plan to raise betting tax.

Four meetings due to take place at Carlisle, Uttoxeter in Staffordshire, and Kempton and Lingfield Park in Surrey will be called off, costing the industry an estimated £700,000. The blackout comes just days before the start of the St Leger Festival at Doncaster, one of the sport’s marquee events.

The strike is designed to underline opposition to proposals to increase the tax paid by bookmakers on sports bets from 15 per cent to 21 per cent, bringing it into line with online casino games. The British Horseracing Authority (BHA) and industry leaders warn that the move would undermine the sport’s financial model, which depends heavily on the separate horseracing betting levy. That levy — a 10 per cent tax on bookmakers’ profits from racing wagers — returned £108 million to the sport in 2024-25.

An economic study commissioned by the BHA estimated the proposed rise would cost the industry £330 million over the next five years and jeopardise 2,752 jobs in the first year alone. Racing is the UK’s second-largest spectator sport, worth £4.1 billion to the economy and supporting 85,000 jobs.

Jim Mullen, chief executive of the Jockey Club, which owns Carlisle and Kempton, warned the move would cause “irreparable damage that threatens a sport the nation is, and should be, proud of”.

Martin Cruddace, chief executive of Arena Racing Company, owner of Lingfield and Uttoxeter, said the plan posed an “existential” threat: “Unlike online casino games, British racing makes an enormous contribution to society and employment, has vastly different rates of gambling-related harm and is not available every ten seconds, 24 hours a day.”

The strike, which will see fixtures rescheduled but not replaced on the day, is intended to send a unified message to government. Trainers, jockeys and owners will join racing leaders and MPs at a Westminster campaign event instead.

Brant Dunshea, chief executive of the BHA, said: “British racing is already in a precarious financial position. Research shows that a tax rise could be catastrophic for the sport and the thousands of jobs that rely on it. We haven’t taken this decision lightly but our message is clear: axe the racing tax and back British racing.”

The Treasury has argued that harmonising betting and gaming duty would “provide tax certainty and increase simplification for remote gambling”.

The strike highlights the sport’s reliance on betting revenue and its vulnerability to shifts in government policy. Racing takes place in Britain on 363 days a year, with cancellations previously limited to bad weather, animal disease outbreaks or the Covid-19 pandemic. September’s action will mark the first time the industry has voluntarily suspended its own programme.

Read more:
British horse racing to strike for first time in protest at betting tax hike

previous post
BrewDog’s reliance on JD Wetherspoon shows a brand in retreat
next post
Evelyn Partners tipped for £2bn sale as private equity owners prepare auction

You may also like

Lord Sugar: young people need to get their...

September 9, 2025

Starmer and Reeves have taken Britain to ‘the...

September 9, 2025

Lord Mayor honours UK trailblazers driving growth, innovation...

September 9, 2025

UK Farmers feel ‘abandoned’ as thousands of Countryside...

September 9, 2025

Sadiq Khan urged to give hospitality rent and...

September 9, 2025

HMRC staff take 500,000 sick days a year...

September 9, 2025

UK suffers steepest hiring slump in Europe as...

September 9, 2025

UK sick days hit 15-year high as mental...

September 9, 2025

EDF partners with Federation of Small Businesses to...

September 9, 2025

Bruce Allen Craig: From Real Estate Foundations to...

September 8, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 IncomeOfAnyLuck.com All Rights Reserved.

    Income Of Any Luck
    • Politics
    • Tech News
    • Stock
    • Business
    • Editor’s Pick