Skip to content

Board Meeting Summary

Meeting Date: Thursday 15th June 2023

FINANCIAL OVERVIEW 2022/2023 AND 2023/24

The Board received a Financial Overview for 2022/23 and 2023/24.

RESERVES POLICY REVIEW 2023

The Board reviewed its Reserves Policy.

PRIZE MONEY SEPTEMBER-DECEMBER 2023

The Board confirmed approval of the continuation of HBLB’s contributions to prize money schemes for the last four months of 2023 at the same rates as for the first eight months.

GREAT BRITISH BONUS SCHEME BUDGET

The Board agreed to provide additional funding to GBB as a capped payment.

RACING STRATEGY REVIEW - 2024 FIXTURE LIST

The Board received a presentation from the British Horseracing Authority (BHA) on its Racing Strategy Review focused on the 2024 Fixture List proposals.

GAMBLING WHITE PAPER

The Board received a verbal update from the Betting and Gaming Council (BGC) on the Government’s Gambling White Paper.

EXTERNAL BOARD EFFECTIVENESS REVIEW 2023

The Board agreed to employ the services of MHA to carry out its external Board Effectiveness Review for 2023.

2024 PROPOSED BOARD MEETING DATES

The Board agreed proposed meeting dates for 2024.

MANAGEMENT ACCOUNTS TO 30 APRIL 2023

The Board approved the management accounts to 30 April 2023.

CAPITAL CREDIT APPLICATION: LEICESTER

The Board agreed a Capital Credit grant to Leicester Racecourse towards its weighing room project.