Written answers

Thursday, 8 July 2010

Department of Finance

Irish Horseracing Industry

10:00 pm

Photo of Chris AndrewsChris Andrews (Dublin South East, Fianna Fail)
Link to this: Individually | In context

Question 83: To ask the Minister for Finance the reason he stated that horse racing and betting are inextricably linked and mutually dependant in view of the fact that Irish racing accounts for less than 15% of the turnover of various betting companies. [30856/10]

Photo of Chris AndrewsChris Andrews (Dublin South East, Fianna Fail)
Link to this: Individually | In context

Question 84: To ask the Minister for Finance if he will consider linking an on-line tax to technology education here or to the country's technology infrastructure. [30857/10]

Photo of Chris AndrewsChris Andrews (Dublin South East, Fianna Fail)
Link to this: Individually | In context

Question 85: To ask the Minister for Finance the way he will ensure that an on-line tax will be paid by all online operators and not just those who employ persons here. [30858/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

I propose to take Questions Nos. 83 to 85, inclusive, together.

In a previous response to the Deputy on 30 June 2010, I was pointing out that there is a significant crossover between betting and horseracing. Horseracing needs betting; indeed it would be hard to imagine it surviving otherwise. While horseracing may be only one sport which punters bet on, it is still the main driver of sports betting, particularly for Irish punters, and were horseracing not to exist there would be a massive gap for the betting sector to fill. I would also cite that one of the biggest sponsors of horse races is the betting sector; the betting sector lobbies for more night-time racing and for racing events to be more evenly spread out and not to clash - this is in order to enhance betting revenue. In addition, whenever events occur that prevent racing being held, such as bouts of bad weather, betting turnover falls substantially.

My previous response to the Deputy noted that any extension of betting duty will be applied on a fair basis and should not be perceived as an attempt to threaten jobs. Furthermore, any tax changes will be in tandem with ongoing work by the Department of Justice, Equality and Law Reform on issues surrounding licensing and regulation. I am not considering the linking of betting duty receipts to technology education or technology infrastructure.

Comments

No comments

Log in or join to post a public comment.