British Horseracing Authority claims revenue decline serves as evidence of rise of unlicensed betting

After discovering a continual decline in betting turnover in its 2024 racing document, the British Horseracing Authority blamed the Gambling Commission's implementation of financial danger tests. According to the annual record, the blended turnover of horse racing betting in retail and on line venues reduced by 6.8% in 2024. It reduced via sixteen.5% when as compared to 2022. The British Horseracing Authority did no longer, however, launch the best numbers.

Additionally, it said that the lower became less extreme inside the 2d half of the year, losing to simply 1%. Given that the Gambling Commission's economic hazard tests best went into effect in August, that could seem to refute the idea that they were the reason.
 
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