Thursday October 22, 2020

Not quite a racing certainty

The horseracing industry is betting on new legislation. Ian Kehoe reports.

23rd December, 2012
Brian Kavanagh, chief executive, Horse Racing Ireland. Photo: Maura Hickey

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 Draft legislation to reform Ireland's outdated betting tax was published four months ago, and the chief executive of Horse Racing Ireland (HRI) is now willing the government to make it law.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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