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Labour conference fringe event may be turning point for racing’s fortunes

Gambling minister’s speech could herald moment betting industry’s 25-year love affair with gaming turned sour

Almost three months on from the general election campaign which swept Labour into power – and also included an unexpected rash of betting-related headlines – the new government’s ideas for regulation of the gambling industry, an issue which also has significant implications for the racing industry, remain opaque.

That is likely to change on Tuesday, however, when Baroness Twycross, the minister for gambling, will be a speaker at a fringe event at the Labour conference, organised by the cross-party think-tank, the Social Market Foundation (SMF), entitled “Bad Money: the Economics of Gambling Harm”.

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