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Report of the Joint Committee on Transport and Communications: Motion (8 Nov 2013)

Eoghan Murphy: We often sit late into the evening in this House and when we finish our work I like to go home and have a few beers and look at my iPad. I am watching the American version of "The Office" at the moment. Invariably, because we get out of here so late, there are no beers in my fridge and I cannot go to the off-licence to get any. Are people trying to tell me that if the off-licence were open...

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: I thank the representatives for appearing before the committee. I apologise for not being here earlier as I was in the Chamber. I want to pick up where Deputy O'Donnell left off. In respect of the new product the board is offering to the markets in the gaming and gambling space, I take it the €1.5 million figure that was mentioned will be net profit-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: -----and that will earned every year from 2017 onwards.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Is the board predicting a net profit of €825,000 for 2014?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Is there a prediction for net profit up to the end of this year?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Those 30 or so contracts to which Mr. Neilan referred are all brand new contracts. There are no existing ones in place.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Is it a view that the 30 contracts that will amount to sales of €950,000 will bring in €825,000 in profit and the €1.5 million is based on new contracts in relation to those 30 contracts?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Those 30 contracts will not deliver the €1.5 million in profit. It is a question of getting the 30 contracts in place to get a profit figure in 2014 of €825,000.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: They will deliver to the €1.5 million mark in 2017.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Okay. In terms of the period after 2017, is that were it stops for this?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Can Mr. Neilan explain the term com-in-link? Is this in terms of the revenue streams?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Mr. Neilan spoke about the performance of the industry in the UK and some opportunities there for us. Is that opportunities in terms of us selling images to the UK or bringing UK events to Ireland?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: In terms of that example, the board is not simply making a profit from selling the races on a Tuesday night to the UK market-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: -----it is also making profit based on what people are pooling into the Tote if they are betting from the UK.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: When Mr. Neilan spoke about exporting the Irish model to other countries to which he travelled, is that the model he is talking about exporting?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Who in the greyhound industry is heading that on our side?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: That person is working for the board full-time at present to get that done.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: For what length of time is that contact. Is it part of this five-year plan?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Is this the person who is leading up areas such as Expinet and other such companies?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Eoghan Murphy: Are the 30 contracts this person will be helping to deliver contracts with 30 different countries or are they-----

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