Report to draw attention to slow installation of CCTV at racecourses, deemed necessary to protect sport’s integrity
The top six trainers in terms of prize money won by their horses shared €13 million of all prize money in the 2019-2020 national hunt season and €12.5 million of the total in the 2020 flat racing season, according to the report. ]
Although funding for the installation of CCTV cameras at racecourses was first allocated in the budget of the Irish Horseracing Regulatory Board in 2018, the work has yet to be completed, with allocations in 2018 and 2019 being, respectively, returned to the exchequer and used for a different purpose, according to the draft report.
It also questions the “level of oversight” by the Department of Agriculture, Food and the Marine to ensure that the installations, “which are crucial to the integrity of horse racing”, are completed in a timely manner.The report also focuses on HRI’s dealings with Curragh Racecourse Ltd which, as of September 2022, had drawn down €7.6 million of an agreed convertible loan of €9 million with a maturity date of end January 2024.
The committee “heard further evidence in its engagement with HRI in September 2022 that several investments in recent years made by HRI in racecourses and associated land have not provided value for money”, the draft report notes.
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