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.