I am delighted to share with you an update on the reform of the horse race betting levy. Recently, I had a productive and positive meeting with Stuart Andrew, the Minister for Sport, to discuss this crucial matter. As many of you may recall, I made a commitment as Culture Secretary to review the horse race betting levy, and I am pleased to report that progress is being made.
Reforming the horse race betting levy holds immense importance in ensuring the proper support and sustainable growth of the British horseracing industry. During our meeting, I received assurance that the racing industry will have an active role throughout the reform process. This commitment to transparency and collaboration will be at the forefront as we work together to craft reforms that prioritise the best interests of the British horse racing industry.
I have confidence that the necessary reforms will be implemented to secure a bright and prosperous future for British horseracing through the reform of the horse race betting levy. Stay tuned for more updates on this significant matter.