Ladbrokes Coral Group commits to greyhound racing levy
In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its offshore greyhound racing turnover from the start of next year.
London-based Ladbrokes Coral Group, which last week eschewed a second takeover attempt from online gambling firm GVC Holdings, explained that the commitment is unconditional and will see monies directed to the industry via the British Greyhound Racing Fund or through an appropriate body advised by the ongoing review into the industry being conducted by Lord David Lipsey.
“We are passionate supporters of greyhound racing,” read a statement from Jim Mullen, Chief Executive Officer for Ladbrokes Coral Group. “While it may be declining in popularity, it is still a much l…