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Bookies urged to volunteer millions for reinvestment via grassroots fund

25 Nov 2009

LONDON, England -- The British government has proposed a plan that would see bookmakers paying into a fund that would be reinvested in sport, according to a report in The Guardian.

The fund is being proposed under a new voluntary code, according to The Guardian.

The betting industry is underwhelmed by the proposal describing the plan as "ill conceived" and have called for more consultation, the report noted.

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