Horserace Betting Levy Board

Financial Forecast
The Board agreed the full year forecast range of £91m to £105m, with the highest scoring increment of £96m to £100m as the likeliest outcome as appropriate.

Management Accounts to 31 July 2021
The Board approved the management accounts to 31 July 2021

Fixture Related Expenditure 2022
The Board agreed its fixture-related expenditure for 2022, which was announced subsequently at https://www.hblb.org.uk/release/687

Capital Credit Allocations: September to December 2022
The Board approved

1. The Raceday Services transfers to Capital Credits of £933,834 for the period 1st September to 31st December 2021.
2. The Prize Money transfers to Capital Credits of £643,835 for the period 1st September to 31st December 2021.
3. The transfer to Capital Credits of £1,665,354 for York Racecourse, covering the period 1^st July to 30^th August 2021.
4. The transfer to Capital Credits of £62,855 for Salisbury Racecourse covering the period 1^st July to 30^th August 2021

Jockeys’ Changing Room Reconfiguration: Covid Related Grants
The Board agreed an amount of up to £350,000 for reconfigurations to Jockeys’ Changing Rooms for Covid-related regulatory purposes, with further details to be agreed.

Reappointment of Lord Risby
The Board noted that the Secretary of State had confirmed formally that Lord Risby has been reappointed as an HBLB Board member for a further four years from 1 January 2022 to 31 December 2025.

Retraining of Racehorses
The Board agreed an in principle allocation of £100,000 to RoR for national and regional events.

Great British Racing – Horse Welfare Communications Funding
The Board approved the release of the second tranche of funding for GBR’s horse welfare communications funding.

Customer Relationship Management - Racing and Betting
The Board agreed to carry out a customer relationship management piece of work with Betting and Racing.