Thursday, July 18, 2002
LATEST LADBROKES ANTE-POST PRICES
Vodafone Stewards Cup
7 -Feet So Fast, 12-Chookie Heiton, 12-Border Subject, 16-Halmahera, 16-Onlytime Will Tell, 16-Palace Affair, 16-Trace Clip, 18-Doctor Spin, 20 Awake, 20-Bond Boy, 20-Cubism, 20-Manorbier, 20-Tom Tun, 20-Brevity, 20-Candleriggs, 20-Salviati, 20-Watching, 25-Artie, 25-Boanerges, 25-Elvington Boy, 25-Kathology, 25-Maromito, 25-Muja Farewell, 25-Peruvian Chief, 25-Tudor Wood, 25-Undeterred, 25-Bali Royal, 25-Flying Millie, 25-Good Girl, 25-Grey Eminence, 25-Scotty's Future, 25-Seven No Trumps, 25-Vanderlin, 25- My American Beauty.
Each Way ¼ Odds a place 1,2,3,4
RESULT OF APPEALS HEARD BY THE DISCIPLINARY COMMITTEE OF THE JOCKEY CLUB TODAY
Panel: Christopher Hodgson (Chairman), Alastair Macdonald-Buchanan, Nicholas Wrigley
Philip Robinson / Michael Jarvis
The Disciplinary Committee of the Jockey Club, on 18th July 2002, considered an appeal lodged by Philip Robinson, the rider, and Michael Jarvis, the trainer of SHAHZAN HOUSE (IRE), placed second in the Alex Napier Classified Stakes on 4th July, against the decision of the Newbury Stewards to find that SEROTONIN, placed first, had accidentally interfered with SHAHZAN HOUSE (IRE), that the interference had not improved SEROTONIN's placing, and to leave the placings unaltered.
The Committee heard evidence from Robinson and Jarvis and Richard Hughes, the rider of SEROTONIN. It also viewed video recordings of the race.
Having considered the evidence, the Committee found that SEROTONIN had interfered with SHAHZAN HOUSE (IRE) and that the interference was accidental.
The Committee was not satisfied that SEROTONIN had improved his placing in respect of the interference with SHAHZAN HOUSE (IRE). It therefore dismissed the appeal and confirmed the placings of SEROTONIN first and SHAHZAN HOUSE (IRE) second. It ordered the deposit money to be returned.
The Disciplinary Committee of the Jockey Club, on 18th July 2002, considered an appeal lodged by Richard Quinn, the rider of PLAY THAT TUNE, placed second in the European Breeders Fund Maiden Fillies' Stakes, against the decision of the Stewards at Kempton following an enquiry on 10th July 2002 to find him guilty of irresponsible riding of a minor nature and to suspend him from riding for five days.
The Committee heard evidence from Quinn and Richard Hughes, the rider of ZITHER, placed third. It also viewed video recordings of the race.
The Committee found that PLAY THAT TUNE had interfered with ZITHER approaching the furlong marker. The Committee attributed the cause of the interference to Quinn and that this was due to irresponsible riding. The Committee was of the opinion that Quinn had made his challenge up the rail thereby widening a gap which never looked like being big enough.
The Committee did not consider that Quinn's explanation that he was already in the gap and his filly rolled into ZITHER was borne out by the evidence.
The Committee considered that the interference was of a minor nature, and was not satisfied that the interference had improved PLAY THAT TUNE's placing in relation to ZITHER. It therefore ordered the placings to remain unaltered.
It upheld his appeal in part and suspended him from riding for 3 days, from Friday 19th July to Monday 22nd July on days on which flat racing is scheduled to take place. The Committee ordered the deposit money to be returned.
Amended Result - York, 12th July 2002 - The Hearthstead Homes Stakes (Handicap)
The Stewards of the Meeting have been notified by the judge, within the time period laid down in Rule 26 (iii) of the Rules of Racing, that the original placing of HARMONY HALL fourth was incorrect. They therefore confirmed the revised placings of THANKS MAX (IRE) fourth and HARMONY HALL fifth.
COMMERCIAL AGREEMENT ON DATA RIGHTS MEANS BENEFITS AND LOSSES FOR RACING
Robert Hughes CBE, the Levy Board Chairman, reveals in the 2002 Annual Report of the Horserace Betting Levy Board, issued today, Thursday, July 18, that the Levy will both benefit and lose out after April 1, 2003, from the new commercial agreements in racing. (Please note - this release and the annual report are embargoed until the morning papers of Thursday, July 18, 2002)
From April 1, 2002, to March 31, 2003, the commercial data rights agreement between the British Horseracing Board and Bookmaking Industry will simply mirror the Levy, while in future years the reverse is true.
Hughes, who is awaiting a Levy submission from the Bookmakers' Committee for the 42nd Levy Scheme which comes into operation from April 1, 2003, states: "I understand that the submission will include a negotiated reduction in the threshold at which the full 10% of gross profits is paid, which should add about £10 million to the Levy next year.
"However, the downside is that the commercial deal makes no allowance for payments by British bookmakers on bets taken on overseas horseracing. For the first time, this money will therefore be lost to the Levy. Not only is it worth about £5 million a year but it has always provided a source of alternative income during periods of lengthy abandonments.
"If you add to this the decision to base the sale of pictures to betting shops on a per-race basis (concluded in an agreement between the 49 non-GG Racecourses and the Bookmakers earlier in the year), with no payments for abandonments, then it will inevitably lead to less financial stability in Levy income, with a consequent knock-on effect for racing."
Robert Hughes then explains, in view of the above, why the Levy Board believes the replacement of the racing surface at Lingfield Park with the "state of the art" Polytrack to have been such an important event last year.
"So-called "all-weather" racing has become increasingly important to the Levy in recent years, so the Board was very pleased to be able to make a substantial contribution, in the form of an interest free loan, in order to ensure that the replacement surface was "state of the art".
"I believe that Polytrack has transformed all weather racing. I would like to see a similar surface at one or two other racecourses."
Rodney Brack, in his Chief Executive's Review of the Year, details the financial impact last year of the abolition of General Betting Duty (GBD), which assisted the Levy increase of more than a fifth compared with the previous 12 months.
"The 40th Levy Scheme agreement between the Levy Board and the Bookmakers' Committee had anticipated the possibility of GBD being abolished during 2001/02, and provided for a fixed 1% levy rate on horserace betting turnover after a bookmakers' levy yield of £61m had been achieved.
"The extent to which betting turnover actually grew after October 6, 2001, is evidenced by the fact that the total yield for the year (to March 31, 2002) was some £67m. This reflected a 21.4% increase over the £55.2m achieved in the previous year.
"The Tote contributed a further £5.9m, which was 15.0% up on 2000/01."
Later in his review, Rodney Brack outlines how the current Levy Scheme, the 41st, which was determined by the DCMS Secretary of State, will yield even more.
"Under the 2002/03 Scheme, bookmakers' gross profits on horserace betting business will be levied at 10%, with those licenced betting offices with gross profits of less than £150,000 attracting a proportionately reduced rate.
"...In view of the uncertainties in the market place during 2002/03, the Secretary of State...forecast a yield in the range of £90m to £105m, including the Tote's contribution.
"For budgetary planning purposes, the Board has decided to adopt a mid-point assumption of a yield from bookmakers of £90m plus a £7m contribution from the Tote."
The Levy Board's Policy Statement for 2002/03 is published in the 84-page annual report which contains full details of the statutory body's wide range of work.
The Levy Board, which is due to be abolished at some stage, has revised its plans for closure from September, 2003, to September, 2005, after Government advice.
BHB COMMENTS ON LEVY BOARD CHAIRMAN'S STATEMENT
Racing's Income Next Year to Exceed Current Levy Yield
Responding to comments made by Rob Hughes, the Levy Board Chairman, in his organisation's 2001/02 Annual Report, BHB Secretary-General Tristram Ricketts said today:
"The introduction of commercial agreements between Racing and the betting industry, which had been requested by Government, will in fact result in Racing's financial situation being substantially improved and the need for levy determinations being eliminated.
"Racing can expect to be around £18m a year better off in 2003/04 than it would have been if the 2002/03 Levy Scheme were simply repeated and if BHB had not established its direct commercial arrangements with bookmakers.
"First, the reduced threshold at which the full 10% of gross profits will be paid in 2003/04, as agreed between BHB and bookmakers, means an extra £15m is expected to accrue to British Racing in 2003/04.
"Secondly, introducing commercial data charges enables us to generate about £8m from Irish bookmakers, a sum which was not received by British Racing in the past.
"While it is correct to state that British Racing will no longer receive any payment from bets taken on overseas horseracing by British bookmakers under its commercial licences, thus losing about £5m a year, we have no right to charge for the use made of data which we do not own.
"Rob Hughes also expresses anxieties about the per-race basis of the recent picture deal between bookmakers and racecourses. These mirror the concerns already clearly stated by the BHB Board."
For old articles (from 1st March 2000) go to the Newslink