Not quite a racing certainty
The horseracing industry is betting on new legislation. Ian Kehoe reports.
Brian Kavanagh has his fingers crossed. Draft legislation to reform Ireland's outdated betting tax was published four months ago, and the chief executive of Horse Racing Ireland (HRI) is now willing the government to make it law.
The proposed legislation will bring online betting into the tax system by requiring all operators to have a licence. For Kavanagh and HRI, however, it will fundamentally redefine how the industry is funded in Ireland, weaning horseracing off...
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