State Funding for Italian Horse Racing?

A bill proposed by agricultural minister

In light of the recent debates regarding the UK and Irish horseracing levy and funding, the latest reports from Italy seem more promising for the horse racing industry, as the agricultural minister Giancarlo Galan told the parliament that horseracing needs a permanent state funding solution separate from income raised through betting. He compared this proposal to the principle of financing the Italian National Olympic Committee.

The minister's proposed bill presents how the Italian racing's governing body UNIRE should be funded in future and proposes a reorganization of UNIRE in a way that will enable it to deal with racing on a national level (rather than regional one) and turn into a regulator in place of its current position of an organization that performs managerial tasks in the name of the government.

Since the Italian horse racing industry is currently in great need, it was reported that the government promised to allocate some Euro 150 million for its rehabilitation.

Sports Society News General Sportsbook News

Login to post a comment:


Click Here to register a new account

What's going on right now!

34s ago someone from us flag United States read article Premier League: Tottenham vs Wolves preview

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h


  • New Members
  • Members Online
  • Guests

eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus