header-logo header-logo

Home Login E-newsletter About us
02 August 2007 / Richard Burger , William Dodsworth
Issue: 7284 / Categories: Features , Regulatory
printer mail-detail

Horse whisperers

© Copyright LexisNexis 2026. All Rights Reserved.

Richard Burger and William Dodsworth report on the Horseracing Regulatory Authority’s report into inside information

Over five million people visit British racecourses each year, while many more watch horseracing on TV, making it the second largest spectator sport in the UK. With the growth of betting exchanges and online gaming it is not surprising that betting on racing is the second most popular form of gambling after the National Lottery—more than 12% of the population bet on a horse race in the last year.

Unfortunately the potentially handsome gains to be made from betting on racehorses also attracts an unwelcome element, who are prepared to misuse inside information and influence races by betting on or laying a horse to lose. Perhaps mirroring the efforts of the City regulator, the Financial Services Authority (FSA), to combat insider dealing and the civil offence of market abuse; racings’ watchdog, the Horseracing Regulatory Authority (HRA), set up a working group to report on and recommend steps to enhance the integrity of racing, especially in the use of inside

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
London Solicitors Litigation Association—John McElroy

London Solicitors Litigation Association—John McElroy

Fieldfisher partner appointed president as LSLA marks milestone year

Kingsley Napley—Kirsty Churm & Olivia Stiles

Kingsley Napley—Kirsty Churm & Olivia Stiles

Firm promotes two lawyers to partnership across employment and family

Foot Anstey—five promotions

Foot Anstey—five promotions

Firm promotes five lawyers to partnership across key growth areas

NEWS
Read All
NLJ this week: Divorce ‘nuclear weapon’ freezes assets but entangles outsiders
Freezing orders in divorce proceedings can unexpectedly ensnare third parties and disrupt businesses. In NLJ this week, Lucy James of Trowers & Hamlins explains how these orders—dubbed a ‘nuclear weapon’—preserve assets but can extend far beyond spouses to companies and business partners 
NLJ this week: What counts as ‘rent’? Court says labour alone won’t do
A Court of Appeal ruling has clarified that ‘rent’ must be monetary—excluding tenants paid in labour from statutory protection. In this week's NLJ, James Naylor explains Garraway v Phillips, where a tenant worked two days a week instead of paying rent
Your magistrates’ court needs you!
Thousands more magistrates are to be recruited, under a major shake-up to speed up and expand the hiring process
NLJ this week: Freed but failed—justice system leaves the innocent empty-handed
Three men wrongly imprisoned for a combined 77 years have been released—yet received ‘not a penny’ in compensation, exposing deep flaws in the justice system. Writing in NLJ this week, Dr Jon Robins reports on Justin Plummer, Oliver Campbell and Peter Sullivan, whose convictions collapsed amid discredited forensics, ‘oppressive’ police interviews and unreliable ‘cell confessions’
NLJ this week: Clarity on whistleblowing, settlements and tribunal limits
A quiet month for employment cases still delivers key legal clarifications. In his latest Employment Law Brief for NLJ, Ian Smith reports that whistleblowing protection remains intact even where disclosures are partly self-serving, provided the worker reasonably believes they serve the ‘public interest’ 
Copyright © 2026 LexisNexis
back-to-top-scroll