Horserace Betting Levy Board

The Horserace Betting Levy Board (HBLB) is today publishing its new  three-year Business Plan. This document, which can be found here, brings together the known key activities on which HBLB will focus until 2028.

The Business Plan sets out a series of goals and “Racing Outcomes”, derived from the purpose and vision of the organisation set by the Board. The Racing Outcomes are HBLB’s aspirational aims for the sport in which HBLB has a direct interest and which guide the Board’s decision-making on grant applications.

The document highlights 29 key activities, focused on external impact, together with 15 internal enablers to help HBLB run efficiently and effectively. It sets out the organisation’s approach to its main activities and how the Board will implement a detailed set of mitigations of its identified strategic risks.

The Business Plan reflects that the Levy collected by HBLB under statute is classified by Government as public money. This requires HBLB’s compliance with or regard to a range of public sector reporting requirements and management responsibilities, including Managing Public Money and the Government Functional Standards (government-wide standards with expected compliance levels for public bodies), including those for Grants, Finance, Audit and Digital, Data and Technology.  

HBLB Chief Executive Alan Delmonte said: “We are pleased to publish the new three-year Business Plan that succeeds the 2022-2025 version. The document reflects a mixture of activities that are largely under HBLB’s own control and those where the organisation supports strategies and work by others in the sport. It also recognises that, as is inevitable for a grant-giving body, new initiatives will emerge that are not currently planned.

“The Business Plan is designed to be an accessible insight into the work of HBLB and we will publish a formal update on progress annually through the Annual Report and Accounts.”

For further information, please contact HBLB Chief Executive Alan Delmonte on 07931 701536.

Note

As the Business Plan was approved by the Board before the appointment of the new Chair of HBLB, Roger Devlin, whose term begins on 1 July 2025, it includes a foreword from Anne Lambert as Interim Chair.