The horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund (the Fund), under Section 12 of the Horse and Greyhound Racing Act, 2001.
The Fund is distributed in accordance with Section 12(6) of the Horse and Greyhound Racing Act, 2001, with 80% going to Horse Racing Ireland (HRI) and 20% to Rásaíocht Con Éireann (RCÉ).
The part of question raised by the Deputy as it relates to prize fund distribution is an operational matter for HRI, therefore, that part of the question has been referred to the body for direct reply.
The information the Deputy has requested in relation to the Fund distribution for the years 2021, 2022 and to date in 2023 is contained in the table below.
Horse and Greyhound Racing Fund Distribution (the Fund) from 2021 to date in 2023
Year
|
Horse Racing Ireland
|
Rásaíocht Con Éireann
|
Total
|
2021
|
€76.8m
|
€19.2m
|
€96m
|
2022
|
€70.4m
|
€17.6m
|
€88m
|
2023 (To date)*
|
€69.3m
|
€18.2m
|
€87.5m
|
*A total of €91m was allocated for the Horse and Greyhound Racing Fund (the Fund) for 2023 of which
Horse Racing Ireland (HRI) will receive €72.8m and Rásaíocht Con Éireann (RCÉ) will receive €18.2m.
My Department makes payments from the Fund to both bodies in instalments