Arena Racing CEO Calls for Reforms to Protect Racing from Gambling Tax Impacts As the Treasury looks to the gambling industry for increased tax revenue, discussions have intensified on how to strengthen British horse racing. Martin Cruddace, the CEO of Arena Racing Company, has advocated for a reduction in betting duty rates and an increase in the statutory Levy. He argues that these changes are essential to revitalizing the industry and ensuring it reflects its international standing, while also shielding it from potential negative consequences of tax reforms targeting high-risk online slot and gaming products. The gambling sector, valued at £11 billion, is viewed by the Treasury as a key source of additional tax income ahead of the upcoming budget on October 30. Cruddace, who has garnered support from major stakeholders in the racing community, believes this is a crucial moment to clarify the differences between betting on racing and sports versus fixed-margin casino-style gaming, which guarantees profits for operators.