Profits slide at Dermot Desmond’s Sporting Emporium

Dermot-Desmond News

Profits slide at Dermot Desmond’s Sporting Emporium
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Firm behind Dublin casino owes Desmond €4.2m, accounts show

The company behind the Sporting Emporium, the Dublin city centre casino owned by Dermot Desmond, owes him €4.2 million, the latest financial accounts show.

In previous years, that figure was as high as €7.5 million, but has been steadily whittled down as the casino continues to make modest profits. Mr Desmond remains the main backer of the Sporting Emporium, according to notes to the accounts, which state that it “continues to avail of and has access to additional funding from Bottin International Investments Limited,” one of his main investment vehicles.

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