British Horseracing Economic Impact [report]

Consultants Deloitte & Touche LLP produced the report "Economic Impact of British Racing" (2006, June) for the British Horseracing Board.

"The proportion of total betting turnover and gross profit accounted for by horseracing has fallen in recent years as bookmakers have diversified their product offering, particularly with the expansion of Fixed Odds Betting Terminals (FOBTs). However, the gross win on British horseracing totalled over £1.1 billion in 2004/05 (up 30% from 2002/03)." (p.6)