{"id":100,"date":"2024-06-13T19:53:45","date_gmt":"2024-06-13T16:53:45","guid":{"rendered":"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/"},"modified":"2024-06-17T12:46:33","modified_gmt":"2024-06-17T09:46:33","slug":"uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns","status":"publish","type":"post","link":"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/","title":{"rendered":"UK Gaming Industry Boosts Support for Horse Racing Amidst Affordability Check Concerns"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Bth9NGqNqyo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The British gaming sector is significantly increasing its backing of UK horse racing. This year, Betting and Gaming Council (BGC) participants are projected to provide a historic \u00a3105 million (approximately $133 million) in levies to the Horserace Betting Levy Board (HBLB). This marks the third straight year of increased contributions, despite the sport itself encountering difficulties.<\/p>\n<p>This considerable amount will be crucial for the HBLB, enabling them to enhance prize funds in 2024 by \u00a33.2 million, reaching an aggregate of \u00a370.5 million.<\/p>\n<p>Michael Dugher, the BGC&#8217;s chief executive, highlighted the significance of this contribution, noting that it &#8220;shows once more the regulated betting and gaming sector\u2019s ongoing and essential support for the sport.&#8221; He cautioned that horse racing would find it hard to endure without the substantial financial assistance provided by the betting sector. <\/p>\n<p>With horse racing profits dwindling, UK betting companies, under the umbrella of the Betting and Gaming Council (BGC), are seeking to mitigate the impact of impending government rules.  A key worry for them is the introduction of tougher &#8220;affordability checks&#8221; \u2013 essentially, demonstrating the financial capacity to support betting habits.  <\/p>\n<p>In anticipation, the BGC recently launched a fresh code of conduct for assessing customer finances. This interim measure, greenlit by the gambling watchdog, seeks to establish some benchmarks while a more exhaustive framework is crafted.  The goal is to prevent overwhelming bookmakers with administrative burdens and bureaucracy before the definitive regulations are implemented. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British gaming sector is significantly increasing its backing of UK horse racing. This year, Betting and Gaming Council (BGC) participants are projected to provide a historic \u00a3105 million (approximately $133 million) in levies to the Horserace Betting Levy Board (HBLB). This marks the third straight year of increased contributions, despite the sport itself encountering [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Gaming Industry Backs Horse Racing with Record \u00a3105 Million<\/title>\n<meta name=\"description\" content=\"The British gaming sector digs deep, pledging a historic \u00a3105 million to support UK horse racing in 2024. 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Find out how this impacts prize funds and the sport\" \/>\n<meta property=\"og:url\" content=\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/\" \/>\n<meta property=\"og:site_name\" content=\"Trusted Online Casino: Exciting Games, Secure Gaming Experience\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T16:53:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:46:33+00:00\" \/>\n<meta name=\"author\" content=\"Emily &quot;Charm&quot; Thompson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emily &quot;Charm&quot; Thompson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/\"},\"author\":{\"name\":\"Emily \\\"Charm\\\" Thompson\",\"@id\":\"https:\/\/slotscapital.icu\/#\/schema\/person\/ec502b904ae64cf16a50161215657acb\"},\"headline\":\"UK Gaming Industry Boosts Support for Horse Racing Amidst Affordability Check Concerns\",\"datePublished\":\"2024-06-13T16:53:45+00:00\",\"dateModified\":\"2024-06-17T09:46:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/\"},\"wordCount\":245,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/slotscapital.icu\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/\",\"url\":\"https:\/\/slotscapital.icu\/2024\/06\/13\/uk-gaming-industry-boosts-support-for-horse-racing-amidst-affordability-check-concerns\/\",\"name\":\"UK Gaming Industry Backs Horse Racing with Record \u00a3105 Million\",\"isPartOf\":{\"@id\":\"https:\/\/slotscapital.icu\/#website\"},\"datePublished\":\"2024-06-13T16:53:45+00:00\",\"dateModified\":\"2024-06-17T09:46:33+00:00\",\"description\":\"The British gaming sector digs deep, pledging a historic \u00a3105 million to support UK horse racing in 2024. 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