§ Lord Mason of Barnsley
asked Her Majesty's Government:
When they intend to publish the third report on the impact of the National Lottery on the horserace betting levy. [HL3210]
§ Lord Williams of Mostyn
An update on the impact of the National Lottery on the horserace betting levy was published on 30 July and a copy has been placed in the Library. This fulfils an undertaking made during the passage of the National Lottery Bill.
The paper, which has been prepared by the Economics Unit of the Home Office, examines continuing trends in off-course betting expenditure, on which the levy closely depends.
The statistical analysis indicates that, in 1997, off-course betting expenditure was about 12.8 per cent. below the level it would have reached in the absence of the National Lottery. Horserace betting accounts for about 69 per cent. of off-course betting expenditure, and therefore the levy yield is likely to have been similarly affected. This can only be an approximate figure, and the effect of the Lottery may vary over time.