|The British Betting Office Association (BBOA) today hosted it annual BBOA seminar and to the delight of the British bookmakers, there were plenty of members of the British Horseracing Board (BHB) to poke fun at. One of the underlying themes at the event was the dissatisfaction of the UK bookies with the current policies of the Race Course Association and the BHB. |
Other highlights of the seminar included an address by Sir Alan Budd, which he billed as his last speech regarding the UK Gambling Review Body Report of 2001. Sir Alan pointed out that the recommendations the Review Body made to the British Government were proposed to 1-guarantee personal freedoms while protecting the public from danger, 2-exclude crime from gambling, and 3-prevent undue over-regulation by government. Sir Alan made no reference as to when his recommendations would be implemented, but industry leaders are hoping for a 2003 acceptance.
Another interesting address included an insight from Kevin Williamson of UK Customs and Excise, who commented on the effect of the new Gross Profits Tax on betting. Williamson indicated that the benefit to UK Customs and Excise would probably not meet the goals proclaimed by the industry, but acknowledged that freeing UK bettors from a betting tax levy would help the industry overall.