Published
FinancialLegal & RegulatoryIndustry

British racing must plan for no-deal, says Brexit Steering Group

Horseracing has been informed by British racing's Brexit Steering Group it must begin to make plans for how the sport can continue to operate if a no-deal Brexit occurs.

horseracingrain

Despite remaining unknown whether or not the UK will leave the European Union on October 31, the group has strongly advised all industry participants to start making plans to cope with the potential changes.

Those within the industry hoping to travel for work purposes or looking to transport horses within the EU after October 31 will need to have preparations in place if the UK is to leave the EU without a deal.

This is due to the free movement of racehorses and breeding stock between the UK and the EU no longer applying from November onwards.

Other factors those within the industry will have to consider include: provision of veterinary medicines, the application of tariffs to sales of geldings and other areas, which will also include VAT.

The group said further updates will be provided in the coming weeks as the situation develops; more guidance is expected to be issued.

Premium+ Connections
Premium
 
Premium
 
Premium
 
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Hard Rock Hotel & Casino Tejon
Evolution
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...