Oireachtas Joint and Select Committees
Thursday, 18 May 2017
Public Accounts Committee
Bord na gCon: Financial Statements 2015 (Resumed)
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I want to talk about the Tote returns. A total of €50 million was put in by 2015 and that went down to €20 million in the Tote. The figure for Horse Racing Ireland went from €50 million up to €80 million in the same time with the recession and everything included. Can the deputation explain why? The Tote is a major money spinner for the Irish Greyhound Board. Why did the figure go from €50 million to €20 million? What were the reasons? The figure for Horse Racing Ireland went from €50 million to €80 million. Why is that? Can the deputation explain why the Tote went so badly for the Irish Greyhound Board? In the same period when Horse Racing Ireland went up, the greyhound board went down immensely.
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