Oireachtas Joint and Select Committees

Tuesday, 23 February 2021

Public Accounts Committee

Horse Racing Ireland: Financial Statements 2019

10:00 am

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

In fairness, that would make it a little more problematic. Mr. Kavanagh raised the oncoming challenges HRI faces from Brexit and Covid for the next year. I have two follow-up questions about that matter. Mr. Kavanagh referred to the publication last March of the strategic plan up to 2024. I have read that report and it identifies a reliance on media rights as a weakness. At the moment, based on the accounts, the amount involved seems to be in the region of €7 million. Will Mr. Kavanagh outline how access to media rights is characterised as a weakness. What is the outlook up to 2024 for HRI regarding media rights?

There has been some discussion in the Oireachtas about controlling advertising relating to gambling. Has the organisation done any kind of a risk analysis on the impact a ban on gambling advertising would have on its business model?

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