Alan Delmonte

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...

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...

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...

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...