Horse Racing Ireland (HRI) has set out six strategic priorities for the Irish racing industry as part of its new five-year strategic plan. The new strategy, which will run from 2020 through to 2024, is hoped to increase the annual economic contribution of the industry to €2.5 billion, as well as provide a boost annual attendances to 1.5 million. Horse …
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The on-course betting sector in Ireland continued to grow throughout 2019, with Horse Racing Ireland (HRI) reporting a 6.6% increase in turnover. Previously, the betting ring had seen its turnover fall by 75% over the last 10 years, however the latest figures have shown a revival in on-course betting, with bookies handling €58.4m. HRI Chief Executive Brian Kavanagh said: “Horse …
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Online sports betting operator MansionBet has announced the expansion of its current horse racing sponsorships into Ireland for 2020 with Horse Racing Ireland (HRI). As a result of the deal, the Gibraltar-based operator is now set to sponsor over 60 events throughout the UK & Ireland, including Doncaster, Newmarket, Newbury, Cork, Naas and Fairyhouse. Dana Bocker, Head of Integrated Marketing at Mansion, …
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Horse Racing Ireland (HRI) is reported to be in discussions with a number of third parties over the sale of all or part of Tote Ireland to private interests, with an extensive review of the Tote already taking place. Reported by The Irish Times, the Tote has faced a number of challenges in recent years, having struggled to compete with …
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Announced as part of the Irish financial budget for 2020, bookmakers are set to receive a €50,000 a year relief from the 2 per cent tax levied on betting in the Republic which is hoped will support the country’s independent bookmaking sector. Minister for Finance Paschal Donohoe confirmed yesterday that bookmakers across the Republic will not be subject to tax …
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Echoing the concerns of Irish counterpart Brian Kavanagh (Chief Executive of Horseracing Ireland), Olivier Delloye, Director General of France Galop has stated that a no deal Brexit, will severely damage the entire equine value chain, with regards to racing, breeding, transport, animal welfare and certifications. Leading France’s horseracing authority, Delloye states that at present the UK, Ireland and France, simply do not sustain …
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The conversation surrounding Brexit has been inescapable for the last two and a half years, with MPs still unable to agree upon a deal that would be most beneficial for the UK. Later in the week, Chief Executive of Irish racing Brian Kavanagh will be travelling to Westminster to liaise with senior officials from both the British Horseracing Authority and …
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County Kildare (Ireland) Punchestown Racecourse is set to undergo a €6.2 million renovation project, which will see work begin on a new €3.8 million grandstand, following 2016’s Punchestown Festival in April. The redevelopment project has been approved by the board of Horse Racing Ireland (HRI), who will contribute €2.5 million through a capital development grant. Punchestown Racecourse management will now …
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Horse Racing Ireland (HRI) has announced that Racing Post has been appointed as an official distributor of HRI Data up to the end of 2019. Racing Post have renewed the agreement with HRI to use official HRI data in all of its print and digital products and will also be licensed to sell such data to other customers alongside its own editorial, tipping and analysis of Irish horseracing. …
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Chief Executive of Horse Racing Ireland (HRI) Brian Kavanagh has stated that there will be no delay to the implementation of Ireland’s new betting tax framework, which mirrors closely the UK’s POC system introduced last December. Kavanagh backed his statement, despite the UK POC being referred to the European Court of Justice (ECJ) by the Gibraltar Betting & Gaming Association (GBGA). …
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