Topic: Turnover on UK Horse racing

This topic has 10 replies, 8 voices, and was last updated 18 years, 4 months ago by Fist of Fury 2k8.

Viewing 11 posts - 1 through 11 (of 11 total)

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January 4, 2008 at 10:05 #6140
thedarkknight
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Does anyone know approximately what the total annual turnover is on UK Horseracing?
January 4, 2008 at 10:12 #133269
seabird
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Do you mean the actual one or the one returned by the bookies?
Colin
January 4, 2008 at 10:23 #133274
thedarkknight
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Bookies pay tax on their profit, not on turnover.
January 4, 2008 at 11:16 #133280
seabird
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Deepest apologies TDK.

Colin
January 4, 2008 at 16:11 #133324
Fist of Fury 2k8
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it’s less than when I was there 30 billion overall if that helps.
January 7, 2008 at 08:47 #133792
Seagull
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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.
January 7, 2008 at 09:14 #133799
Drone
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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.
January 7, 2008 at 09:34 #133802
tictac
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i believe in 2004 it was approx. Â£12 billion
January 7, 2008 at 09:41 #133805
graysonscolumn
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The 1996 MMC report
Ah yes, the Monopolies and Mergers Commission.
How come there is only one of them?
gc
Jeremy Grayson. Son of immigrant. Adoptive father of two. Metadata librarian. Freelance point-to-point / horse racing writer, analyst and commentator wonk. Loves music, buses, cats, the BBC Micro, ale. Advocate of CBT, PACE and therapeutic parenting. Aspergers.
January 7, 2008 at 13:19 #133846
Friggo
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There used to be two, but guess what happened!
January 7, 2008 at 16:39 #133890
Fist of Fury 2k8
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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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