Horse racing in Great Britain On 6 October 2001, the Government abolished the turnover-based tax on betting, which had been 9% of the stake or the winnings, the punter having the choice to pay a certain small amount or an uncertain large amount. The tax, now based on gross profit, is now effectively indirectly levied on the punters, the cost being absorbed in the odds that bookmakers offer. The last 10 years in the UK has seen massive growth in online gambling. Punters are now going online to place their bets, where technology gives them access to a greater wealth of information and knowledge. Now
Greyhound racing in the United Kingdom Greyhound racing in the United Kingdom Greyhound racing used to be a popular industry in Great Britain with attendances peaking in 1946 at around 70 million and totalisator turnover reaching £196,431,430. Current attendances have declined to less than 2 million in 2017. There are currently 21 licensed stadiums in Britain and 5 independent stadiums (unaffiliated to a governing body). The industry use a Parimutuel betting tote system with on-course and off-course betting available, with a turnover of £75,100,000. Greyhound racing as it is seen today has evolved from a form of hunting called coursing, in which a dog runs after