Industry leaders warn that such measures could result in a staggering £250 million ($316.1 million) loss over the next five years, posing a significant threat to racecourses and jeopardizing over 80,000 jobs associated with racing.Įxpressing the sentiment of the racing community, National Hunt trainer Nicky Henderson, in an open letter to Racing TV customers, emphasized the widespread impact of the issue. The petition, initiated by Jockey Club chief executive Nevin Truesdale, highlights fears that intrusive financial risk regulations could push punters toward unlicensed bookmakers.
Jockey Club CEO Launches Petition Against Intrusive Financial Regulations in Racing Industry The racing community has rallied against the proposed implementation of betting affordability checks, with a petition garnering over 100,000 signatures.
