The government has responded to the racing industry’s petition to stop the proposed implementation of affordability checks.
Although it is registered in the name of Nevin Truesdale, chief executive of the Jockey Club, the petition was launched on behalf of Britain’s horseracing industry, which supports more than 85,000 jobs and contributes £4.1billion to the UK economy each year.
It has so far attracted in excess of 80,000 signatures and will warrant consideration for a debate in parliament when it hits 100,000.
The sport is broadly concerned that the implementation of affordability checks will be highly damaging to its revenue and are potentially intrusive to punters for the sake of relatively small losses. Many owners have spoken out on their intention to leave the sport or significantly cut their interests over the issue.
With signatures rising swiftly the Department for Culture, Media and Sport has underlined its commitment to “effective but proportionate” affordability checks whilst working with the industry to gain clarity on the expected financial deficit.
A portion of the response read: “We are committed to a proportionate, frictionless system of financial risk checks, to protect those at risk of harm without over regulating. The Gambling Commission will set out plans in due course.
“The government and Gambling Commission recognise concerns some have with the proposed system of financial risk checks for the highest spending online customers to help identify and tackle gambling related harm. We share the goals that the checks should not overregulate the gambling sector, should not unduly disrupt the millions of people who gamble without suffering harm, and should not cause unnecessary damage to sectors which rely on betting, in particular horseracing. The government is a strong supporter of horseracing, and recognises that it is not the job of either the government or the Gambling Commission to tell people how to spend their money. As outlined in the gambling white paper we are seeking to balance this freedom with the necessary action to tackle the devastating consequences which harmful gambling can have for individuals and communities.
“Importantly, the proposals will represent a significant improvement for both businesses and customers compared to the current situation. While the Gambling Commission does not currently have specific requirements or thresholds, we know that operators are applying inconsistent ‘affordability’ checks on a number of customers, often without being clear on why the checks are happening, and normally requiring customers to provide data manually. We have challenged operators to be more transparent with customers in the interim, but the proposed system will be a significant improvement in having clear and proportionate rules which all operators are held to, and allowing for financial data to be shared seamlessly with operators instead of burdening customers with information requests. Both the government and the Gambling Commission have been clear that we would not mandate the checks proposed in the consultation until we are sure that they will be frictionless for the vast majority of customers who would be checked.”
It added: “The government recognises the enormous value of horseracing as both a spectator sport and through its economic contribution. The white paper’s estimate was that financial risk checks will reduce online horserace betting yield by 6% to 11%, which would in turn reduce racing’s income by £8.4 to £14.9 million per year (0.5% to 1% of its total income) through a reduction in levy, media rights and sponsorship returns. We are working with racing and refining that estimate. We have also commenced a review of the Horserace Betting Levy to ensure a suitable return to the sport for the future.
“The government and Gambling Commission are working with the industry and others to ensure the checks can be implemented in an effective but proportionate way. We are also exploring the role of pilots or phased implementation to help ensure this.”
Supreme Ventures Racing urges review of racing rule after Caymanas Park abandonments
Supreme Ventures Racing and Entertainment Limited (SVREL), operators of Caymanas Park, have called for a review of Rule 44 (iii) enforced by the Jamaica Racing Commission (JRC) following the cancellation of two races during the April 27 race meet at Caymanas Park.
In a press conference on Monday addressing the abandoned races, SVREL Executive Chairman Solomon Sharpe expressed frustration with the rule, highlighting its potential impact on the racing industry.
"This rule, unique to Jamaica, imposes a strict five-minute limit after the published post time for races at Caymanas Park," Sharpe stated. "It fails to account for various factors that can delay race starts and penalizes all stakeholders when races are abandoned, affecting punters, jockeys, grooms, trainers, owners, promoters, and the government."
Last year, Caymanas Park contributed over $260 million in combined taxes to the government's coffers. Sharpe urged the JRC to engage SVREL in discussions on Rule 44, emphasizing the need for constructive dialogue to address the rule's impact.
"We were not consulted during the initial discussions on this rule, and now, with two races abandoned in a single race day, our concerns have materialized," Sharpe explained. "SVREL is open to collaborating with the JRC to review and refine this amended rule."
Representatives from the Grooms Association, Jockeys Association, and the United Racehorse Trainers Association echoed SVREL's concerns and supported the call for a review of Rule 44.
Sharpe concluded by appealing to regulators, stakeholders, and the public to support the growth of the horseracing industry in Jamaica. "Horseracing has immense potential in Jamaica and can become a significant foreign exchange earner. Realizing this potential requires collaboration among all stakeholders."
SVREL has been operating Caymanas Park since March 2017 after the government divested the property. With investments exceeding J$4 billion in product enhancements and innovations like the Mouttet Mile, which boasts the largest purse in the English-speaking Caribbean, SVREL remains committed to advancing the horseracing experience in Jamaica.
Supreme Ventures Racing regrets abandonment of two races at Caymanas Park on Saturday
Supreme Ventures Racing & Entertainment Limited (SVREL) has expressed regret and disappointment following the abandonment of two races during the Saturday, April 27 race day at Caymanas Park in St Catherine, Jamaica.
The decision to abandon these races, SVREL said, was made in compliance with regulations set forth by the Jamaica Racing Commission (JRC), leading to the refund of all related pools according to SVREL's Pari-mutuel rules.
According to the statement released by SVREL late Saturday, the abandonment of races number one and six, respectively, was declared by the stewards of the Jamaica Racing Commission (JRC) due to delays that exceeded the permitted time frame as stipulated by Rule 44(iii).
Specifically, in race number one, scheduled to commence at 12:00 pm, a saddling issue with horse number five and a mandatory veterinary check for horse number eight, which reared and fell after exiting the saddling barn, resulted in delays beyond the allowable limit.
Similarly, race number six, slated for 3:10 pm, was delayed due to a horse running loose, ultimately leading to its abandonment by the stewards of the JRC.
SVREL explained that the recent amendments to Rule 44(iii), which came into effect from April 1, 2024, mandate strict adherence to race start times with a maximum allowance of five minutes after the published post time. SVREL noted that Jamaica is unique in enforcing such a rule without prior consultation with the sole promoter of horseracing in Jamaica.
The enforcement of this rule has led to financial losses for industry stakeholders, including owners, trainers, jockeys, grooms, punters, and the promoter and as such the disruption caused by the abandonment of these races understandably resulted in unrest among stakeholder groups.
Despite the challenges faced, the race meet resumed with race number seven at approximately 4:00 pm, SVREL noted.
SVREL has now issued a sincere apology to valued customers and stakeholders for the inconvenience caused by the abandonment of races one and six by the JRC. SVREL also emphasized its readiness for open dialogue with the JRC and all impacted stakeholders to ensure the continued success and integrity of the horseracing industry.
As the sole promoter of horseracing in Jamaica, SVREL said it remains committed to addressing challenges collaboratively and upholding the highest standards of professionalism and service within the industry.
Light seeking to shine again at Sandown
Kitty’s Light is taking aim at his usual season finisher in the bet365 Gold Cup at Sandown.
The gelding has been a star for trainer Christian Williams, winning big handicap events like the Eider Chase and the Scottish Grand National and going close in the Charlie Hall and the Coral Trophy.
He has particularly good record in the bet365 Gold Cup on the final day of the season, missing out only due to interference when second in 2021 and coming home third in 2022.
Last year he was completed the set of podium finishes when winning by two and a half lengths under usual jockey Jack Tudor.
The two are well acquainted and teamed up for Kitty’s Light’s Grand National bid at Aintree earlier in the month, where he ran a valiant race to finish fifth behind four Grade-One winning Irish chasers.
Williams was incredibly proud of his stable star and is now hoping the gelding can shine again in the Sandown contest he has found to be lucrative in the past.
“It was wonderful, we trained him to win the race and we thought he could, but you couldn’t be disappointed with what he did,” Williams said of the National performance.
“We were thrilled, the horse tried his best and we were very, very proud of horse and jockey.
“He’s come out of it very well, if the race was run today even then he’d be running, he’s in good form.
“He loves it at Sandown with the big fences, his jumping has come on now but even as a five-year-old he nearly won the race.
“He was third the year after that, it really seems to suit him.
“I think he likes going right-handed, he hangs a little bit right at home and he seems to really enjoy it there.
“We’re taking our chance anyway, he seems well and we’ll hope for the best.”
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