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HORSE RACING IRELAND ANNOUNCES
2011 RACING INDUSTRY BUDGET

　
Prize Money reduced by 5%
Minimum race value to remain at €7,000
Racecourse Support Schemes to be cut by €600,000
HRI costs...

We need to see the Finance Bill to get alot of the nitty gritty info - I noticed that point you have highlighted as well.

http://budget.gov.ie/budgets/2011/Documents/Estimates%20Budget%202011.pdf


Above document and go to Page 70 - and it is point A12.

I would be amazed if Betfair did not know this was coming.

Horse and Greyhound fund cut by just under 2 million.

That is my clear reading of it as well.

IRISH BOOKMAKERS ASSOCIATION DIRECTED TO END USE OF HRI REPORT
- "not an appropriate basis for the conclusions drawn" – KPMG

KPMG, the accountancy practice credited in a press release issued by...

It is the same plan - but this is confirming work starts in the spring.

Plans for a €460m sporting and leisure investment, which include Ireland’s newest racecourse, were unveiled today in Nenagh in a development which is set to employ a total of 3,000 people during...

RACE has got the go ahead for this season.

Thanks for that read Grey. A truely awful situation that was entirely avoidable (like so much in this country right now).

I think we should be pretty careful (and indeed fair) to give any amount of credence to what has been said on the Betfair forum. I have heard nothing but positive things from any of my dealings with...

I would imagine the problem with RACE will be sorted by next year.

HRI Launch Go Racing Kids Club Schools Initiative

Horse Racing Ireland launched a new Schools/Racing Education initiative yesterday at Navan Racecourse (Tuesday 21st September). More than 200...

Alot of bookmakers (Paddy Power for instance) have vaguely agreed with the notion that they should be paying tax on their offshore betting. Now I am certain this is PR talk and they will be trying...

I think the final couple of lines from Brian Kavanagh's statement are particularly interesting. The next couple of months are likely to reveal alot regarding the funding of Irish racing.

2011 Fixture List Announced
Total Number of Fixtures Reduced by 10

The 2011 Fixture List has been released today (Monday 6th September 2010) by Horse Racing Ireland.

The key points in...

€220k was never going to last like everything else over here - granted €50k is the other extreme but it will find a middle ground over the next couple of years.

Steering a calm course through choppy seas
The chairman of Horse Racing Ireland feels it’s vital that racing gets a cut of the off-shore profits from gambling, writes BRIAN O’CONNOR　
ANY...

But it is virtually the same thinking as any incoming goverment will have.

HRI Welcomes Taoiseach's Announcement on Legislation to Tax all Forms of Betting
Horse Racing Ireland (HRI) today welcomed a speech made by An Taoiseach Brian Cowen T.D. at a dinner in the Irish...

As for the all-aged Group 1 races - yeah it sounds nice in theory but in truth you will just be making more opportunities for a limited pool of horses - leading to big clashes never taking place....

I don't understand the need in some quarters to have an end of season event in Ireland or GB. Flat racing is not like that imo - the Arc weekend (despite being in France) is the meeting above all in...

By Racing Post staff 6:18PM 5 FEB 2010 TURF Club officials on Friday voted by an overwhelming majority for industrial action in their dispute over threatened salary and expenses cuts, and changes to...

I absolutely do not think it is substainable without bookmakers....the exact opposite is my very point.

I would not agree with everything the Labour proposal has to say. I am somewhat relieved...