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Horse Racing Industry

Dáil Éireann Debate, Tuesday - 27 September 2022

Tuesday, 27 September 2022

Ceisteanna (582)

Matt Carthy

Ceist:

582. Deputy Matt Carthy asked the Minister for Agriculture, Food and the Marine further to Parliamentary Question No. 897 of 5 July 2022, the amount allocated to Horse Racing Ireland from the horse and greyhound racing fund in each of the years 2008 to 2021 and to date in 2022; the amount of which that was for capital expenditure; the amount of which that was for current expenditure; the maximum allowable amount which may be used to subsidise prize money by year in tabular form; and if he will make a statement on the matter. [46636/22]

Amharc ar fhreagra

Freagraí scríofa

Horse Racing Ireland (HRI) established under the Horse and Greyhound Racing Act 2001 is a commercial State Body responsible for the overall administration, promotion and development of the horse racing industry.

The horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund (the Fund) as provided for under Section 12 of the Horse and Greyhound Racing Act, 2001. This Department makes payments from the Fund to HRI and to Rásaíocht Con Éireann (RCÉ). This is distributed in accordance with Section 12(6) of the Horse and Greyhound Racing Act, 2001, with 80% allocated to HRI and 20% to RCÉ.

In relation to the current expenditure allocation, no more than 80% is to be applied for prize money and a minimum of 20% is to be applied for integrity services.

The information the Deputy has requested is detailed below.

Horse & Greyhound Racing Fund

Horse Racing Ireland Allocation for years 2008 to 2022

Current/Capital

Year

Total €m

Current €m

Capital €m

2008

61.3

53.3

8.0

2009

54.5

46.2

8.3

2010

47.4

42.6

4.8

2011

45.8

41.0

4.8

2012

45.0

40.6

4.4

2013

44.0

39.6

4.4

2014

43.4

39.4

4.0

2015

54.4

45.0

9.4

2016

59.2

49.8

9.4

2017

64.0

42.8

21.2

2018

64.0

52.5

11.5

2019

67.2

56.1

11.1

2020

67.2

54.1

13.1

2021

76.8

61.4

15.4

2022

70.4

55.7

14.7

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