Flutter is sweeping all before it - and racing must realise its attention is increasingly focused elsewhere

Last week DraftKings, one of the largest gambling operators in the burgeoning US market, shelved plans to introduce a surcharge on customer winnings only a couple of weeks after announcing it.

The proposals had, as you might imagine, received a mixed reception to say the least but most of DraftKings' rivals had said they would keep a watching brief when asked if they might implement a similar scheme.

Then came Flutter Entertainment, parent company of the US market leader FanDuel, as well as the more familiar brands of Sky Bet, Paddy Power and Betfair.