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BHB BUDGET DISAPPOINTMENT

21 Mar 2000 Pre-2014 Releases

Commenting on toda?_x0019_s Budget, BHB Chief Executive, Tristram Ricketts, said:

鈥淭he Racing and Betting Industries will be very disappointed that their strong pre-Budget representations for a cut in General Betting Duty have fallen on deaf ears. As a result of the Chancellor鈥檚 failure to take immediate action, competition from off-shore operators will grow further 鈥� and grow quickly. The Exchequer, Racing and the domestic bookmaking industry will all be hit where it hurts 鈥� in the pocket.

鈥淲e nevertheless welcome the Government鈥檚 decision to consult on the need to replace the present duty structure and look forward to participating in that process.鈥�

For further information, contact Tristram Ricketts on 0171-343-3304