You will require this licence if you intend to form a bookmaker company. Bookmakers operate at race meetings, in approved auditoriums or betting premises during pre-determined hours to offer bets on racing events.
Bookmaker companies may operate at more than one race meeting at the same time, or on more than one stand at a race meeting. This licence permits your company to take bets face to face, via recorded phone calls, and the internet.
Please be aware that you must comply with the specified rules and your licence may be subject to conditions.