I move:
That Dáil Éireann approves the following Regulations in draft:
Horse and Greyhound Racing Fund Regulations 2024,
copies of which were laid in draft form before Dáil Éireann on 3rd October, 2024.
The horse and greyhound sectors are embedded in the social and economic fabric of our country, and that of rural Ireland in particular. Successive governments have acknowledged the significance of both industries and have supported them through legislation, policy initiatives and the provision of funding. This support has helped to maintain Ireland's world-class reputation for excellence in horse racing, greyhound racing and breeding. Both sectors make a valuable contribution to a balanced regional economy. The most recent analysis conducted by Deloitte estimated that the thoroughbred racing industry has an annual economic impact of €2.46 billion, with direct and indirect employment of 30,000 people. The Power report estimated that the greyhound racing sector supports more than 4,000 full-time and part-time jobs, with a further 6,000 people deriving an economic benefit from the industry.
The Horse and Greyhound Racing Fund has played a key role in providing investment to the sectors and has been instrumental in the shaping of the industries and the many livelihoods they support. The horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund under section 12 of the Horse and Greyhound Racing Act 2001. Payments are made from the fund to Horse Racing Ireland, HRI, and Rásaíocht Con Éireann, RCÉ. Exchequer support provided from the fund is crucial to the continued development of the horse and greyhound racing industries. Since 2001, a total of €1.7 billion has been paid from the fund to the horse and greyhound racing industries in accordance with the provisions of the Act. The cumulative upper limit on payments from the fund, provided for under relevant regulations, has been reached. To give effect to the provisions of budget 2025, this cumulative upper limit must be increased by regulation. The Estimates from my Department, passed by both Houses as part of budget 2025, include an allocation of €99.1 million for the Horse and Greyhound Racing Fund. This will be distributed in accordance with section 12(6) of the Horse and Greyhound Racing Act 2001, with 80% or €79.3 million going to HRI and 20%, equating to €19.8 million, to RCÉ. In order to allow my Department to provide the moneys allocated in budget 2025, it is necessary to comply with the technical requirement under section 12(13) of the Horse and Greyhound Racing Act to increase the cumulative limit of the amount payable from the Horse and Greyhound Racing Fund by €99.1 million to some €1.8 billion. This is achieved by way of the regulations submitted to the House today. The aggregate limit of the Horse and Greyhound Racing Fund has been increased in this manner in 2004, as it was from 2009 to 2023, inclusive.
I will now focus a little bit on each industry, starting with the horse racing sector. Horse racing has a significant impact on Ireland's rural economy and creates a favourable international profile for our country. According to a 2023 Deloitte report on the social and economic impact of the Irish thoroughbred breeding and racing sector, it is estimated that the Irish thoroughbred industry has an economic annual impact of €2.46 billion. This represents a 34% increase in value from 2016. The sector also supports the direct and indirect jobs of some 30,000 people, the majority of whom live in rural communities. The sector has an incredible reputation as a location for breeding and racing, as evidenced by Ireland's position as the second largest producer of bloodstock in the world by value sold, after the USA. Ireland also has the world's third highest number of thoroughbred foals each year after the USA and Australia. The thoroughbred sector is part of our identity, and Government support has reflected that over many years. Naturally, underlying all the facts and figures are the countless individuals who work directly and indirectly and have shaped the current state of the Irish racing and breeding industry.
In 2023, Irish-trained horses racing in Britain won close to £17 million, which was higher than the 2022 figure. Likewise, Irish-trained horses won more than €10 million in prize money throughout the rest of the world. The figures relating to the bloodstock and breeding sector also show significant increases, which is a huge sign of confidence in the industry. There were rises of 7.6% in bloodstock sales at public auction in Ireland, and 13.8% in the worldwide value of Irish-foaled horses sold through auction, with the combined figure reaching in excess of €565 million. As proven in 2023, Irish owners, trainers, jockeys and horses continue to set and uphold a high standard and their exceptional achievements, endurance and influence underscore Ireland's international prominence. Even though other noteworthy racing nations have significant advantages, including those of scale, demography and economy, the Irish equine breeding and racing industry is extremely competitive globally. It is clearly an example of a sector punching well above its weight. We are able to continuously compete with and outperform our competitors because of the extraordinary passion and dedication to excellence shown by all those involved in the industry, including yard workers, jockeys and owners.
The welfare of both people and animals is a key priority for the sector. This is evidenced in HRI's current strategic plan. My Department will continue to support both HRI and the Irish Horseracing Regulatory Board, IHRB, in this regard. An independent review of the IHRB's antidoping programme, carried out by the international equine antidoping expert, Dr. Craig Suann, concluded that the programme at least matches international practice in most respects. It also found that the IHRB has made significant advances in recent years. That said, we must leave no stone unturned in continuing to improve animal welfare and equine welfare.
I now turn to the greyhound racing sector.
Through the evaluation of the greyhound racing industry in the 2021 Power report, it was highlighted that the greyhound industry provides and supports considerable employment across the Irish economy. It is estimated that in 2019 the industry directly and indirectly supported more than 4,000 full-time and part-time jobs in the economy. Moreover, there are more than 6,000 active greyhound owners who perceive this lifestyle to be a fundamental aspect of their lives. The greyhound racing industry is an integral part of the social fabric of our country. The finance provided to the greyhound racing industry supports economic activity nationwide and helps to maintain a long-standing tradition. It is widely acknowledged that funding for this sector is especially important for rural Ireland.
The future of the industry is dependent on a strong governance platform and on the industry having the highest standards of integrity and welfare founded on a robust regulatory system. There is a strong commitment to improve animal welfare in this sector in the programme for Government, and the Government's support is contingent on a guarantee of welfare standards being upheld by RCÉ on an annual basis. This is reflected in the annual parameters set out by officials in my Department and in the regular engagements with RCÉ. RCÉ continues to operate an ever-expanding greyhound care fund, using income from the horse and greyhound fund towards the implementation of the highest possible welfare standards at kennels and racing facilities.
Provisions in the Greyhound Racing Act 2019 support RCÉ to strengthen greyhound welfare. This legislation strengthens the legal basis for the industry with a view to fortifying the integrity of the greyhound racing sector and improving provision for greyhound traceability. Through this Act, governance in RCÉ has improved. There are enhancements to industry regulatory oversight, updates to sanctions and enhanced integrity standards and it facilitates the board to focus on its priority objective of achieving the highest standards of care and welfare for greyhounds. Further commencement orders for the small number of remaining sections will continue to be phased in as expediently as possible and, as implementation continues, RCÉ will be able to ensure the important heritage associated with greyhound racing in Ireland can continue under the appropriate rules and regulations.
A key element of the new legislation is the provision, for the first time, of a full IT traceability system for racing greyhounds. The RCÉ traceability system, RCÉTS, came into operation on 11 January 2021. The system provides a mechanism to ensure racing greyhounds are properly registered and traceable throughout their lives to the point of rehoming and retirement. These life stages include birth registration, racing, all changes of ownership and location and end of life. Data from the system at the end of August 2024 indicated that 50,148 greyhounds were subject to traceability. Ongoing work is being carried out on the system. RCÉTS phase 2 is currently in development and will include additional functionality to facilitate the recording of injuries at RCÉ licensed stadiums during racing and official and unofficial trials; the capture of details relating to euthanasia of a greyhound by a veterinary surgeon; the capture of medical records and health checks carried out by veterinary surgeons; the recording of sampling history and adverse analytical findings; and details of offences under the Greyhound Racing Act 2019.
The continued expansion of the system has coincided with the development and further improvement of a range of other welfare and care programmes that reflect RCÉ's commitment to ensuring greyhound welfare receives the highest level of protection. In addition to its care and welfare programme, RCÉ is involved in areas which include regulatory integrity and laboratory functions. This includes activity on welfare inspections and investigations, testing regimes, veterinary services, financial support for the Irish Retired Greyhound Trust and contributions to private rehoming agencies. RCÉ is fully committed to the development, management and promotion of a successful commercial greyhound racing industry that is built on a consumer-focused, high-quality entertainment product that meets the highest possible international regulatory and welfare standards and will continue to be governed by my Department.
These two industries are fundamental to balanced economic regional development and growth and provide widespread benefits to many rural communities. A key priority for the Government is the social and economic needs of rural communities and in this context, these industries continue to contribute to rural economic activity and employment and should be recognised for their work in these areas. The welfare of horses and greyhounds is a cornerstone of both industries and I have been assured that HRI and RCÉ are striving to ensure the highest standards for the sports and their participants on and away from the racetrack. This includes the provision of financial and other supports to many organisations to ensure the health and welfare of horses and greyhounds. The horse and greyhound racing fund has played a key role in providing this investment and is instrumental in shaping these industries and the many livelihoods they support. A rapidly changing international environment continues to pose challenges to the Irish economy. Social, demographic and technological challenges face both industries and it can be somewhat difficult to fully predict what the future holds. It is therefore crucial that we support these important industries to continue to navigate through these challenges in 2024 and onwards into 2025.