Updated on 22nd May, 2026
The 10% levy on bookmaker profits from horse racing will remain unchanged, as confirmed by Labour MP Ian Murray. Despite rising taxes in other gambling sectors such as casino platforms or sports at UK sports betting sites, horse racing avoids an increase, raising £108 million annually to fund breeding programs, vet bills, and industry improvements.
Industry Reactions
While stability is welcomed, many in the industry are calling for a reduction in the levy. Rising costs combined with affordability checks have placed significant strain on stakeholders. Figures like the British Horseracing Authority’s CEO, Brant Dunshea, suggest that tax cuts could ease financial pressures and sustain the sport.
Levy vs Other Gambling Taxes
Horse racing’s 10% levy contrasts sharply with other recent gambling tax hikes, such as the Remote Gaming Duty, which increased from 21% to 40%. Despite this, UK players remain free from gambling winnings taxes, though bookmakers may adjust odds or offerings to offset costs.
Looking Ahead
The decision to maintain the current levy offers short-term relief, but challenges for the UK horse racing industry remain. Stakeholders continue lobbying for reductions to ease financial burdens and secure the sport’s future.
