Sport Betting Levy among 'Innovative' Labour Sport Plans Sport wagering levy amongst 'innovative' Labour sport plans 24 July 2014 A wagering levy to help fund neighborhood facilities and treat gambling addiction is amongst propositions by Labour in a "long-lasting innovative strategy for sport". Moves to push Premier League clubs to contribute more to grassroots football are likewise being considered. Shadow culture secretary Harriet Harman stated the Olympic "legacy" of increased involvement had failed to materialise after London 2012. And she stated "strong federal government leadership" was required to accomplish it. Ms Harman will also consider restoring a requirement that school students do at least two hours of sport a week, which was removed by the union as part of education reforms. Pressure on clubs The proposals belong to Labour's More Sport for All consultation. At present, wagering firms face a levy on horseracing earnings - which raised ₤ 82m in 2015 - and Labour is considering extending the levy to cover all sports and consist of bets positioned online. While the Premier League likewise introduced a voluntary 5% levy on tv earnings for the grassroots game, the party believes the method that sum is computed means it is often less that it might be. The assessment is taking a look at increasing transparency into how sums are computed and exploring measures that would press the nation's richest football clubs into properly meeting their guarantee.

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