{
  "url": "https://openlegislation.uk/betting-gaming-and-lotteries-act-1963-repealed/section-27A",
  "json_url": "https://openlegislation.uk/betting-gaming-and-lotteries-act-1963-repealed/section-27A.json",
  "legislation": "ukpga/1963/2",
  "legislation_title": "Betting, Gaming and Lotteries Act 1963 (repealed)",
  "legislation_url": "https://openlegislation.uk/betting-gaming-and-lotteries-act-1963-repealed",
  "path": "section/27A",
  "kind": "section",
  "number": "27A",
  "heading": "Profits as a bookmaker",
  "text": "A bookmaker’s profits on leviable bets for a levy period are—\nSM+OA−Wwhere—\nSM is the aggregate of the stake money falling due to the bookmaker in the levy period on leviable bets;\nOA is aggregate of any other amounts accruing to the bookmaker in the levy period in connection with leviable bets;\nW is the aggregate of any winnings paid by the bookmaker in the levy period in respect of leviable bets (irrespective of when the bets were made or determined).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 27A-27E inserted (25.4.2017) by The Horserace Betting Levy Regulations 2017 (S.I. 2017/589), reg. 1(2), Sch. para. 5 (with reg. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1963/2/section/27A",
    "retrieved_at": "2026-10-29T11:01:26.642530+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}