Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

The report recommended that Bord na gCon should undertake an annual review to look at each individual racing track, determine which was good and bad and make decisions. The only three tracks making money were Cork, Shelbourne and Harold's Cross. Bord na gCon has come back and said that Harold's Cross and Shelbourne Park are not viable because they are so near each other. Both were making money. Those three tracks stood out.

What assessment has Bord na gCon done? Let us consider the track in Galway? What assessment has the board done in respect of the loss there? What plans does Bord na gCon have? Mr. Meaney should clarify the position in respect of the company running each race track. Is a separate company in place for the purposes of operating it? Do these companies have any other decision-making powers?

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