Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Public Accounts Committee

Bord na gCon - Annual Accounts 2011

11:30 am

Mr. Adrian Neilan:

I emphasise that in the UK bookmakers make a gross gambling yield from greyhound racing of £243 million, as reported by a February article in The Economist. Some 80% of dogs racing over there come from Ireland and our plan, as currently in execution, is to provide the greyhound racing product from here, with a resulting return going back to the industry. We are very confident about our ability to pay down the debt and introduce more vibrancy into the industry.