Levy row heats up
Lots of rhetoric coming from the big bookmakers about the levy and trying to blame it’s decline on betting exchanges. Perhaps they are forgetting that most of them have moved a lot of their operations offshore to avoid paying the levy. This has obviously had a significant impact on levy funding and unless that is addressed immediately, it looks a little foolish of them to point the finger elsewhere, after all the first bookmaker to go offshore did so in 1999 a full year before Betfair was ever lauched.
Category: Horse Racing
