Oireachtas Joint and Select Committees

Thursday, 26 November 2015

Public Accounts Committee

Bord na gCon Financial Statements 2014

10:00 am

Ms Geraldine Larkin:

On recommendation No. 8, we have done two things. First, as the Acting Chairman pointed out, we have calibrated the number of races. We have reduced the number of least profitable races at tracks to the effect that we have taken out 89 races from the tracks in the year to date. Obviously, there are prize money savings in respect of those events. In addition, because of the way we have targeted and picked the races, we have managed to maintain a performance as close as possible to last year's full performance. With the additional digital market, we have managed to maintain the level of commerciality. While we have taken out 8%-----

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