Oireachtas Joint and Select Committees
Tuesday, 15 July 2014
Joint Oireachtas Committee on Agriculture, Food and the Marine
General Scheme of Horse Racing Ireland (Amendment) Bill 2014: Discussion
2:35 pm
Andrew Doyle (Wicklow, Fine Gael) | Oireachtas source
We all appreciate that the Horse Racing Ireland (Amendment) Bill is about a structure. It is the skeleton on which we want to build an industry and we want to build it on a better frame but we cannot build it without resources. That is accepted. The point has been made that while turnover on betting has increased tenfold, revenue from the industry has decreased regardless of whether it is on profit or on turnover. The turnover has increased on all betting and I accept the point, as I believe the members would, that it should cover all forms of betting, online betting and betting from outside the State on any event that takes place within the jurisdiction of the Twenty-six Counties. I will move on.
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