Ladbrokes to pay voluntary greyhound levy

Online and land gambling group Ladbrokes Coral has announced that from 2018 the group will pay a voluntary levy to greyhound racing based on relevant offshore turnover.

The levy will go to the industry through the British Greyhound Racing Fund or via the appropriate funding body as advised by Lord Lipsey’s review into the sport, which is currently ongoing.

Ladbrokes Coral own and operate four tracks at Crayford, Hove, Monmore and Romford and this funding is in addition to retail levy and the significant investment in welfare and infrastructure at these tracks, the group said in a statement Wednesday.

CEO Jim Mullen said in a statement Wednesday:

“We are passionate supporters of greyhound racing. While it may be declining in popularity it is still a much loved and staple part of our offer both in shops and through our digital channels.

“The debate on its funding has been going on for some time and while we have not always agreed that the sport is under-funded, we do recognise that it is time for the industry to move on and start to rebuild the sport.

“We run our tracks to the highest standards of integrity and welfare and hope that this additional funding can help the wider industry join us in the aim of building a better sport and spectacle for the modern day customer.”

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