VBET has announced to customers that it is pulling its horseracing offering on its sportsbook platform, including in the UK.

The operator stated that the decision came about as the result of a “strategic update to our product portfolio”. 

In a notice sent out to account holders, the operator stated it would no longer offer horseracing events or markets from 23 October onwards.  

The notice told players that they had until that date to place any bets on horseracing markets.  

All settled and unsettled bets placed before this date will be processed in line with VBET’s standard terms and conditions, with the operator noting that all ante-post bets will stand. 

The notice read: “We want to let you know about an upcoming change to our sportsbook offering. 

“As part of a strategic update to our product portfolio, VBET will no longer offer horseracing events or markets after 23 October 2025. 

“We understand this may come as disappointing news to some of our players, and we sincerely appreciate your loyalty and support.

“Our team remains focused on delivering an exciting, responsible and rewarding betting experience across our full range of sports and casino products.” 

Although a tab for horseracing is still visible on site via search, it now redirects to VBET’s greyhound racing offering instead

VBET’s redirected horseracing offering

The move comes at a time where there a serious concerns around the future of horseracing, particularly with potential tax increases around the corner for the UK market.  

Currently, horseracing and sports betting are taxed at 15%, while igaming is subject to a 21% tax rate. 

The expectation is that a new system would bring horseracing in line with igaming’s 21% tax rate at the very least.

Research commissioned by the British Horseracing Authority claimed that such increases could cost the horseracing industry £330m over a five-year period.

“Too much racing”

Speaking on The Racing Room podcast earlier this week, Anthony Kaminskas, founder of on-course bookmaker and online operator AK Bets, suggested that racing is becoming too saturated, to the point where its operation becomes unsustainable.

He said: “We’ve got too much content. There’s too many races, too much content, we just don’t need that much. It doesn’t add anything new, it just spreads it around.

“Previously when I was working for some of these firms, the mindset was always to get as much content as you can. If bet365 have got 10 more markets, you find a way to get 10 more markets. I just don’t think that’s sustainable.

“The big thing with bookmaking is you need content at different stages of the day. For British racing, I think you’ve essentially got too much racing. It’s the same with greyhounds, you’ve got too much racing concentrated at certain time periods.

“It wouldn’t surprise me if there’s going to be less shops, it wouldn’t surprise me if the ones that remain remove horseracing.”

The post VBET pulls horseracing offering from UK platform  first appeared on EGR Intel.