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Financial Markets
Horse racing to go on strike in protest against government’s planned betting tax rise
NegativeFinancial Markets
Horse racing in Britain will cancel all scheduled races on 10 September in protest against a proposed tax increase on betting. The sport is opposing the Treasury's plan to align betting duty rates with those of more addictive games like roulette and online slots.
Editor’s Note: This strike highlights the concerns within the horse racing community about the potential impact of increased taxes on their industry. By canceling races, they aim to draw attention to the issue and advocate for fairer treatment compared to other gambling forms.

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