BHA warns of 'severe financial implications' after affordability checks confirmed

The British Horseracing Authority is “hugely disappointed” the Gambling Commission has confirmed Financial Risk Assessments will be implemented, warning that racing faces “severe financial implications”.

In recent months the commission has been gathering and reviewing a wide range of factors such as data, stakeholder feedback and the outcomes of pilot schemes before making a final decision on the implementation of what are known widely in racing circles as affordability checks.