Can I hold a race night to raise funds for charity?
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‘Race nights’ are permitted for charitable
purposes. However, in some circumstances, they can only be
undertaken by a licensed betting operator and after the premises
owner has notified the local authority. You should read all of
the information below before organising an event, including the
three types of race nights.
A non-commercial race night is an event where participants stake
money on the outcome of live, recorded or virtual races. The
money raised from the event is called the proceeds.
Apart from reasonable costs, proceeds:
- must not be used for private gain
- must all be given to a good cause (including any entrance fees,
sponsorship, the difference between stakes placed and payout
made).
Reasonable costs would include costs reasonably incurred, for
example by providing any prizes and for betting slips.
If third parties are selling goods or services at your event, for
example if someone is selling refreshments, this does not count as
money raised for the charity or good cause and can be retained by
that third party.
Types of race nights
Broadly there are three types of race nights:
Page last reviewed: April
2013