HBLB - Horserace Betting Levy Board

The HBLB is a UK statutory body that was established by the Betting Levy Act 1961. It operates in accordance with the provisions of the Betting, Gaming and Lotteries Act 1963 (as amended). It is a non-departmental public body, and its sponsoring Government department is the Department for Culture, Media and Sport. The HBLB raises money by collecting a statutory levy on off-course betting on horseracing, and on the Tote and on-course bookmakers. Off course betting includes bets placed with Licensed Betting Offices, spread betting firms and bet broking operations. The levy on off-course betting represents the greatest proportion of the HBLB's income. It is collected from bookmakers as a percentage of the gross profit on their horserace betting business. The majority of levy income is expended in direct support of horseracing. The HBLB is among the most important contributors to horseracing's finances.

Headquarters
52 Grosvenor Gardens
London, England SW1W 0AU
United Kingdom
 
Phone:  +44 20-7333-0043
Fax:  +44 20-7333-0041
Website: www.hblb.org.uk
Email: enquiries@hblb.org.uk
 
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