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Turnover on UK Horse racing

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  • #6140
    thedarkknight
    Participant
    • Total Posts 1299

    Does anyone know approximately what the total annual turnover is on UK Horseracing?

    #133269
    seabird
    Participant
    • Total Posts 2924

    Do you mean the actual one or the one returned by the bookies? :wink:

    Colin

    #133274
    thedarkknight
    Participant
    • Total Posts 1299

    Bookies pay tax on their profit, not on turnover.

    #133280
    seabird
    Participant
    • Total Posts 2924

    Deepest apologies TDK.

    :oops:

    Colin

    #133324
    Fist of Fury 2k8
    Member
    • Total Posts 2930

    it’s less than when I was there :lol: 30 billion overall if that helps.

    #133792
    Seagull
    Member
    • Total Posts 1708

    TDK
    When bookies Gus Demmy and Corals were valued the figure was estimated at 3 billion

    In 1998 Peter Savill gave out the figure as 7 billion.

    The Horse Trust website give it as 5 billion.

    They also list the whole equine industry to be worth 4 billion with a total number of horses estimated at 1.35 million.

    #133799
    Drone
    Participant
    • Total Posts 5407

    The 1996 MMC report into the proposed (and blocked) merger of Ladbrokes and Coral supplied the following breakdown of the "amount wagered" on "UK Gaming Activity"

    Casinos 18.3 Bn
    Off-course Betting 6.6 Bn
    Gaming Machines 6.6 Bn
    National Lottery 4.7 Bn
    Bingo 2.5 Bn
    On-course betting 0.68 Bn
    Football Pools 0.49 Bn
    Premium Bonds 0.32 Bn
    On-course Tote 0.2 Bn
    Local Lotteries 0.1 Bn

    Total ~ 41 Bn

    Given this was before the abolition of betting-tax, internet betting, and successive ‘de-regulations’ quite how much these figures have changed both in volume and relative to each other I wouldn’t like to speculate.

    #133802
    tictac
    Member
    • Total Posts 3

    i believe in 2004 it was approx. £12 billion

    #133805
    graysonscolumn
    Participant
    • Total Posts 6965

    The 1996 MMC report

    Ah yes, the Monopolies and Mergers Commission.

    How come there is only one of them?

    gc

    The patron saint of lower-grade fare. A gently critical friend of point-to-pointing. Kindness is a political act.

    #133846
    Friggo
    Member
    • Total Posts 1593

    :mrgreen:

    There used to be two, but guess what happened!

    #133890
    Fist of Fury 2k8
    Member
    • Total Posts 2930

    TDK
    When bookies Gus Demmy and Corals were valued the figure was estimated at 3 billion

    In 1998 Peter Savill gave out the figure as 7 billion.

    The Horse Trust website give it as 5 billion.

    They also list the whole equine industry to be worth 4 billion with a total number of horses estimated at 1.35 million.

    I read somewhere that racing is responsible for only 15% of the total which surprised me ……..however my 30B and your 5B would just about back that up.

    Also read 1.9B for Ireland…as a matter of interest is that a separate issue or is it included in the 5Billion

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