Monday 12th August 2019
Levy Income 2018/19
As previously announced, on the basis of provisional declarations by bookmakers, Levy income for 2018/19 would be £78m, falling short of the prior year by £17m. As a result, some immediate changes were made to funding programmes in 2019.
HBLB has continued to investigate the reasons for that fall as part of carrying out its formal end of year processes with bookmakers.
More generally, following legal advice, the Board has recently asked all Levy-paying bookmakers for further information on certain bet types offered during the year. In the light of the confidential responses, the Board will consider the next steps.