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Written question asked by Baroness Neville-Rolfe (Conservative) on Thursday, 23 April 2026, in the House of Lords. It was due for an answer on Friday, 8 May 2026. It was answered by Baroness Twycross (Labour) on Wednesday, 29 April 2026 on behalf of the Department for Culture, Media and Sport.

Horse Racing: Gambling

Question

To ask His Majesty's Government what assessment they have made of the potential economic impact of the full implementation of financial risk assessments on gambling on the horse racing industries.

Answer

The Government recognises the significant contribution that racing makes to British sporting culture and its importance to the British economy. Horseracing is the only sport in receipt of a direct government-mandated levy which helps to drive improvements in the sport.

The Government remains committed to supporting the implementation of key measures in the 2023 white paper, including the introduction of Financial Risk Assessments (FRAs).

Following the conclusion of its pilot on FRAs, the Gambling Commission has continued to engage with gambling operators and other stakeholders. As the independent regulator, the Gambling Commission will decide how to implement FRAs based on the best available evidence.

The Gambling Commission has recently published an updated blog on its pilot findings and plans to publish the pilot data, including updated impact assessment results following implementation decision, as is standard practice.

Secondary information

Type
Written question
Reference
HL16698
Session
2024-26
Subjects
Horse racing Gambling Risk assessment
Link
View this Written question on www.parliament.uk