Levy yield

2020/21 Levy Yield of £80 Million Announced By HBLB

Approximately £80 million will be the Levy income for the year that ended on Mar. 31, 2021, the Horserace Betting Levy Board announced on Monday. The figure is a result of provisional submissions to date from most Levy-paying bookmakers. Originally, as the COVID-19 pandemic progressed in the UK, the HBLB had estimated a Levy return between £76-£85 million. Racing in the UK was halted from mid-March until June 1, 2020. HBLB Chairman Paul Darling commented, "There was no British racing for the first two months of the Levy year and...

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