"We have long believed that a commercial mechanism is the appropriate vehicle for funding British racing. It remains right for us to have exploited and commercialised our product in recent years, which has resulted in substantial additional income for all the sport's constituents.
"The court's finding in favor of William Hill will affect all racing jurisdictions around the world, who were looking to us for a precedent. We will be seeking clarity as to why our database, which involves substantial investment in the obtaining and verification of information, is not protected. It would appear that most existing databases, and the protection they receive under law, have been neutered by the judgment."Greg Nichols, the BHB chief executive, added: "I am not trying to preempt the work of Lord Donoughue's group, but every other racing jurisdiction in the world receives statutory support. That group now has to accept that the database is not the solution, and work to find an alternative commercial route. We were trailblazers, if you like. And I believe it was right for us to look to exploit the rights we believed we had in order to make the bookmakers pay a fair amount. There has still got to be a commercial agreement. British racing, the best racing in the world, is worth £750 million gross a year to British bookmakers. That tells me there is something there, something of substance, to sell."If we are going to be criticized," Nichols continued, "then we would prefer it to be for doing something rather than for sitting on our hands. Extending the revenue stream to racing was a noble ambition, but we weren't vindicated."
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