Calum Kerr – 2015 Parliamentary Question to the Department for Culture, Media and Sport
The below Parliamentary question was asked by Calum Kerr on 2015-12-15.
To ask the Secretary of State for Culture, Media and Sport, what estimate his Department has made of the contribution of the horseracing industry to the economy in Scotland.
Tracey Crouch
A 2013 report from Deloitte for the British Horseracing Authority estimated that British racing has a Great Britain wide economic impact of £3.45 billion. Lastyear a public consultation on the potential structure and operation of the Horserace Betting Right was held, inviting views from across Great Britain. To inform our work to replace the current levy system and require offshore operators to make a fair financial contribution to racing alongside those based in Great Britain, I have commissioned an independent economic analysis of the costs and funding of racing. This will draw on information provided by betting and racing.