Levy Releases Annual Report: Income Hits 100M, Betting Turnover Declines

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The Horserace Betting Levy Board's (HBLB) 2022/23 Annual Report outlined that statutory Levy income to the Board was £100 million, the highest since the Levy collection reforms of 2017. The last two months of Apr. 1, 2022 through Mar. 31, 2023 term saw bookmakers' gross profits increasing significantly on the Board's projections taking into account

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