Horse racing The act allowed for the sale of the
Horserace Totalisator Board (Tote) to
Betfred which had certain conditions. The sale of the Tote was delayed due to a
European Commission investigation and the
2008 financial crisis. The act also abolishes the
Horserace Betting Levy Board. The Tote lost its monopoly on pool betting.
Olympic Lottery The act allowed for the establishment of the Olympic Lottery Distribution Fund if the United Kingdom was successful in its bid to host the
2012 Summer Olympics.
Section 40 - Commencement The following orders have been made under this section: • The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 1) Order 2004 (
SI 2004/3283 (c. 149)) • The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 2) Order 2005 (
SI 2005/1134 (c. 52)) • The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 3) Order 2005 (
SI 2005/1831 (c. 78)) • The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 4) Order 2011 (
SI 2011/462 (c. 17)) • The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 5) Order 2011 (
SI 2011/1704 (c. 64)) == Notes ==