Oireachtas Joint and Select Committees
Thursday, 20 June 2024
Public Accounts Committee
Financial Statements 2022: Horse Racing Ireland
Financial Statements 2022: Irish Horseracing Regulatory Board
9:00 am
Ms Suzanne Eade:
We run the Tote business, which effectively provides the ability to do pool betting at the track. Tote Ireland's topline turnover is €68 million but it is quite expensive to deliver that service with people at the track. The other funding that comes into HRI is linked to media rights rather than actual betting. We do not get anything directly. Any funding that we collect on-track through the betting levy goes to the racecourses.