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UK: Racing and gambling row may require government intervention

3 Sep 2010

LONDON, England -- The deadline for agreement on the racing levy is October 31, 2010, but whether agreement will be reached remains to be seen, The Telegraph reported.

The racing industry want £130-150 million ($200-$230 million), with bookmakers only willing to pay £62 million ($95 million), The Telegraph report said.

If the two side fail to reach consensus the government will intervene and take the decision, The Telegraph reported.

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