ECONOMIC ISSUES OF HORSE RACING IN IRELAND

This chapter explores economic issues in Irish horse racing, including funding of the sport through the betting duty and the Irish government budget, television broadcasting arrangements and the future of both the sport and wider industry in the context of the United Kingdom leaving the European Union. Both the industry and sport are multifaceted and rely on a complex supply chain that is interwoven between Ireland, Great Britain and France. This includes the breeding, selling, training and racing of horses. Unlike many other jurisdictions where the sport takes place, horse racing in Ireland is heavily subsidized by the exchequer in