{"id":194,"date":"2024-06-17T18:34:27","date_gmt":"2024-06-17T15:34:27","guid":{"rendered":"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/"},"modified":"2024-06-20T17:17:43","modified_gmt":"2024-06-20T14:17:43","slug":"bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing","status":"publish","type":"post","link":"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/","title":{"rendered":"BHA CEO Welcomes Revised Affordability Check Policy but Highlights Ongoing Financial Concerns for Horse Racing"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/1wg4qbAbOrA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Julie Harrington, the Chief Executive of the British Horseracing Authority (BHA), released a statement regarding modifications to regulations on examining customer finances. This addresses the sentiments within the horse racing community towards the forthcoming affordability assessments.<\/p>\n<p>Harrington expressed her approval of the revised policy from the Gambling Commission and the Betting and Gaming Council (BGC). In essence, the BGC issues these guidelines on customer due diligence, with the Gambling Commission contributing to their development. <\/p>\n<p>She conveyed satisfaction that the government had considered the concerns of the racing industry, which has opposed these checks for over a year. Their stance stemmed from a reluctance to compel individuals to demonstrate their financial capacity for betting.<\/p>\n<p>Harrington acknowledged the efforts of racing enthusiasts and the industry as a whole in making their voices heard. She cited the &#8220;Right to Bet&#8221; survey and a petition that even prompted a parliamentary debate.<\/p>\n<p>Although she views the elevated threshold for these checks as a positive development, Harrington cautioned that it does not signify a completely optimistic outlook for the financial stability of horse racing.<\/p>\n<p>In summary, these checks will be implemented on a voluntary basis under the BHA&#8217;s regulations. They will be triggered when an individual&#8217;s net betting deposits reach or exceed \u00a35,000 (equivalent to $6,240) per month. <\/p>\n<p>She continued, expressing worry that the government&#8217;s pledged evaluation of the horseracing financial framework, a topic of discussion for over a year, remains stagnant. This inaction jeopardizes the sport&#8217;s economic stability.<\/p>\n<p>This revised procedure will operate in conjunction with the Gambling Commission&#8217;s strengthened financial fragility assessments.<\/p>\n<p>Harrington finished by emphasizing the crucial need for prompt implementation of the modernized regulations concerning anti-money laundering verifications. This will eliminate needless obstacles for racing enthusiasts who wager, protecting them from being subjected to supplementary financial examination.<\/p>\n<p>&#8220;We are dedicated to working alongside Lucy Frazer, Secretary of State, and Stuart Andrew, Sports Minister, to guarantee the assessment of horseracing&#8217;s funding proceeds. The objective is to establish a durable framework for the UK&#8217;s second most favored spectator activity, safeguarding numerous employments and the financial health of countryside populations.&#8221;<\/p>\n<p>&#8220;Our position persists: the most uncomplicated resolution is to elevate the fundamental rate of the Horserace Betting Levy and incorporate wagers placed on international racing in the computation. This will establish equitable conditions for our sport in contrast to other jurisdictions.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Julie Harrington, the Chief Executive of the British Horseracing Authority (BHA), released a statement regarding modifications to regulations on examining customer finances. This addresses the sentiments within the horse racing community towards the forthcoming affordability assessments. Harrington expressed her approval of the revised policy from the Gambling Commission and the Betting and Gaming Council (BGC). [&hellip;]<\/p>\n","protected":false},"author":104,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BHA CEO Addresses Affordability Check Concerns in Horse Racing<\/title>\n<meta name=\"description\" content=\"Julie Harrington voices support for revised customer finance checks in horse racing, addressing community concerns about affordability assessments and striking a balance between responsible gambling and customer experience.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BHA CEO Welcomes Revised Affordability Check Policy but Highlights Ongoing Financial Concerns for Horse Racing\" \/>\n<meta property=\"og:description\" content=\"Julie Harrington voices support for revised customer finance checks in horse racing, addressing community concerns about affordability assessments and striking a balance between responsible gambling and customer experience.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/\" \/>\n<meta property=\"og:site_name\" content=\"Explore the Future of Casino Entertainment | News &amp; Licensed Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-17T15:34:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:17:43+00:00\" \/>\n<meta name=\"author\" content=\"Stella &quot;Siren&quot; Newberry\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stella &quot;Siren&quot; Newberry\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/\",\"url\":\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/\",\"name\":\"BHA CEO Addresses Affordability Check Concerns in Horse Racing\",\"isPartOf\":{\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-17T15:34:27+00:00\",\"dateModified\":\"2024-06-20T14:17:43+00:00\",\"author\":{\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/#\/schema\/person\/39efa70178e5bec5f858ad16abd112bb\"},\"description\":\"Julie Harrington voices support for revised customer finance checks in horse racing, addressing community concerns about affordability assessments and striking a balance between responsible gambling and customer experience.\",\"breadcrumb\":{\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/17\/bha-ceo-welcomes-revised-affordability-check-policy-but-highlights-ongoing-financial-concerns-for-horse-racing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/slotsgarden100nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BHA CEO Welcomes Revised Affordability Check Policy but Highlights Ongoing Financial Concerns for Horse Racing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/slotsgarden100nodepositbonus.icu\/#website\",\"url\":\"https:\/\/slotsgarden100nodepositbonus.icu\/\",\"name\":\"Explore the Future of Casino Entertainment | News &amp; Licensed Games\",\"description\":\"Stay on top of the online gambling world with our fresh casino news, in-depth reviews, and expert articles. 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