Gambling in the United Kingdom a licence to sell alcohol to facilitate betting on the premises. Most pubs in the UK have a one-armed bandit of one kind or another, but the prizes are strictly controlled. The law allows larger prizes in private clubs. "Betting duty" at 6.75% was applied to sports bets until 2001 when it was replaced by a 15% tax on gross profits. From 1 December 2014, the Gambling (Licensing & Advertising) Bill will change the taxation of remote gambling from a 'place of supply' basis to a 'point of consumption' basis. The betting industry alone is reported to contribute £6 billion
Horse racing in Great Britain betting shops. There are two main forms of horse racing in Great Britain. Collectively, the above racing is often referred to as racing "under rules", since there is another form of racing which is run on an altogether more informal and "ad hoc" basis, known as point-to-point racing. Point-to-point is a form of steeplechasing for amateur riders. All the above forms of the sport are run under the auspices of the governing and regulatory body for horse racing in Great Britain, the British Horseracing Authority. with the exception of point-to-pointing which is administered by the Point-to-Point Authority with the BHA