Ladbrokes Coral Plc has announced that they will be issuing a ‘voluntary levy to greyhound racing based on off shore greyhound turnover from the start of 2018.’
This news comes after the bookie giants declared their passion and commitment towards the sport, paying the greyhound levy through the British Greyhound fund.
Currently, Ladbrokes Coral are operators at four greyhound tracks in the country, which consist of Hove, Romford, Monmore and Crayford. The levy paid through the greyhound racing fund will hope to maintain all tracks, and will help with improvements where needed.
Speaking about the commitment, with greyhound racing through a voluntary levy, Ladbrokes Coral Chief Executive, Jim Mullen stated that:
“We are passionate supporters of greyhound racing. While it may be declining in popularity it is still a much loved and staple part of our offer both in shops and through our digital channels.”
“The debate on its funding has been going on for some time and while we have not always agreed that the sport is under-funded, we do recognise that it is time for the industry to move on and start to rebuild the sport.
“We run our tracks to the highest standards of integrity and welfare and hope that this additional funding can help the wider industry join us in the aim of building a better sport and spectacle for the modern day customer. We hope this gesture will help Lord Lipsey bring a period of stability to the sport when he produces his findings and that others will follow.”