Alan Delmonte

Levy Yield of Around £110 Million Projected for 2025/26

Levy income to the Horserace Betting Levy Board (HBLB) for the year ended March 31, 2026 is projected to be around £110 million. If confirmed, this would represent the highest total since the Levy collection reforms of 2017/18, marginally surpassing the 2024/25 figure of £109 million. The expected total is based on provisional end-of-year submissions received from the majority of Levy-paying bookmakers, which are currently undergoing HBLB's standard validation processes. Throughout the year, HBLB considered that, based on evidence to date and forecasting the rest of the year, the most...

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Horserace Betting Levy Board Confirms £10.5m in Non-Fixture Related Grant Funding in 2026

The Horserace Betting Levy Board (HBLB) has agreed funding of £10.5m in grants to support a wide range of projects and initiatives across British racing in 2026. This funding is in addition to the £97.7m already announced for prize money and the regulation and integrity of the sport. The non-fixture grant area supports a significant number of areas including the promotion of racing, people training, welfare and development initiatives, thoroughbred health, horse welfare and aftercare.  HBLB runs annual funding rounds to support non-fixture related grant initiatives. Since 2000, £101.5m has...

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HBLB Annual Report Reveals Further Increase in Levy Yield to Almost £109 Million

The Horserace Betting Levy Board (HBLB) has allocated an extra £4.4 million to prize-money for 2026 compared to this year, following a further increase in the Levy yield to just shy of £109 million - the highest since the 2017 reforms that extended the scope of the Levy to overseas betting operators. Details of the statutory Levy - which climbed to £108.9 million, up from £105.3 million the previous year - were released on Wednesday as the HBLB published its 2024/25 Annual Report and Accounts. This increase came despite a third consecutive year...

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Great British Bonus Scheme Reaches £20 Million in Payouts

Great British Bonus (GBB) payouts to breeders, owners, trainers, jockeys and stable staff across the country have surpassed £20 million, from nearly 1,500 individual bonuses, after the George Scott-trained Pixie Diva earned a £10,000 bonus with her success at Lingfield last week. The GBB scheme was launched in 2020, with majority funding from the Horserace Betting Levy Board (HBLB), designed to create value and increase demand for British-bred fillies. In 2022, the number of annual individual British-bred fillies running exceeded pre-Covid levels, while GBB-registered fillies sold for an average of...

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HBLB Annual Report & Accounts Confirm Highest Income Since 2017 Reforms

The Horserace Betting Levy Board (HBLB) published its 2023/24 Annual Report & Accounts on Tuesday. They revealed that the HBLB's statutory Levy income to the year ended Sunday, March 31 was £105m, the highest since the reforms of 2017 which added to the scope of the Levy non-retail bets placed in Great Britain with betting operators based overseas. This £105m surpassed the £100m in 2022/23 and was achieved against a backdrop of a further fall in betting turnover (amount staked) which, as in 2022/23, was mitigated by improved margins and...

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Benefactor and Guardian: Racing's Friend in the Levy Board

If you follow Alan Delmonte on Twitter or X, or whatever they call it these days, you will know him for his offbeat sense of humour. But as chief executive of the Horserace Betting Levy Board (HBLB) for the past 11 years, he has one of the most serious jobs in British racing, overseeing the distribution of around £100m a year. Delmonte is, to some extent, the sport's Chancellor of the Exchequer, but there is an awful lot of important work going on behind the scenes at the Levy Board that make...

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Warren Hill
Levy Releases Annual Report: Income Hits 100M, Betting Turnover Declines

The Horserace Betting Levy Board's (HBLB) 2022/23 Annual Report outlined that statutory Levy income to the Board was £100 million, the highest since the Levy collection reforms of 2017. The last two months of Apr. 1, 2022 through Mar. 31, 2023 term saw bookmakers' gross profits increasing significantly on the Board's projections taking into account the actual results to that point and historic comparisons. Over the 12-month period, the Board reports of a continuing decline in turnover (amount staked) which was being partially mitigated by improved margins and gross win...

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Hayward Appointed Chair of Industry People Board

Edited Press Release Neil Hayward has been appointed as the first chair of racing's Industry People Board, leading a new function within the sport with the goal of driving and ensuring delivery in efforts to recruit, train and retain British racing's workforce and promoting welfare, equality, diversity and inclusion. The creation of the Industry People Board follows a comprehensive process overseen by a steering group comprising the British Horseracing Authority (BHA), Horserace Betting Levy Board (HBLB) and the Racing Foundation (RF). Hayward brings to the role of Chair more than...

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