21/04/2017 (Agence Europe) – The European Commission has approved a reform of the UK horserace betting levy scheme. The reform will subject off-shore bookmakers to the levy whereas currently only bookmakers based in the UK contribute to the financing of horse racing. The Commission has approved the measure because it recognises that it is essential for the improvement of horse breeding and horseracing without giving rise to undue distortions of competition. The measure also creates a level...