William Hill chief executive Ralph Topping: hard-hitting viewsPICTURE: Edward Whitaker (racingpost.com/photos)
'Betting and racing must work together' - Topping
WILLIAM HILL chief executive Ralph Topping has said the long-term security of racing depends on decisions made by the sport's rulers and the betting industry in the next two years.
In an interview in Tuesday's Racing Post he calls on the two sides to work towards a "win-win" situation.
He said: "I think we are at a particular crossroads at the moment or approaching it."
Talking about the rising costs of the racing product for the bookmaking industry, Topping said he thought there was a possibility that, without co-operation, a future William Hill boss might look at ways for racing to be covered live in betting shops without pictures.
He also raised the prospect of punters being asked to pay a levy for betting on racing.
"It's important to keep the product going but it can't be kept going at any cost," he added.
Read more in Tuesday's Racing Post - get the Post on your iPad or download a digital edition of the paper