Alan Delmonte

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...

[ Read More ]
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...

[ Read More ]
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...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.