Early day motion tabled by primary sponsor Robert Walter (Conservative), on Tuesday, 18 December 2007, in the House of Commons. It is signed by 65 members in total.

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RACECOURSE BOOKMAKERS

That this House is deeply concerned that hundreds of racecourse bookmakers across the UK will be financially ruined if racecourses refuse to recognise on-course bookmakers' list positions, as has been unintentionally facilitated by the Gambling Act 2005; notes that over ??90 million has been spent by on-course bookmakers for their list positions since the introduction of the trading system in 1998; recognises that many bookmakers are small family-run affairs and rely on the equity ownership of these racecourse list positions to provide them with retirement security for themselves and their families; calls upon the Racecourse Association to reconsider its stated position that list positions will have no value in future and that it cannot in any way accept the arguments about security of tenure; and failing that, calls upon the Government to review the Gambling Act 2005 and consider necessary amendments to bring an end to the dispute between the Racecourse Association and Federation of Racecourse Bookmakers and its members in order to secure the livelihoods and assets purchased by those affected.

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Secondary information

Type

Early day motion

Reference

613 

Session

2007-08

Other sponsors

Keith Vaz

Lord Foster of Bath

Andrew Dismore

Philip Davies

Jim Devine

Subjects

Finance Horse racing Gambling Small businesses Racecourse Association Federation of Racecourse Bookmakers

Legislation

Gambling Act 2005

Link

View this Early day motion on www.parliament.uk