I refer to the article published by the Irish Examiner regarding greyhound racing titled 'Dáil to hear motion for phase-out of greyhound funding. The article contains a claim made by Holly Cairns TD that “the combined loss for tracks between 2019 and 2022 is predicted to be €30m”. Indecon goes on to assess a scenario where RCÉ did not make any prize money contribution to any of the tracks. In this scenario the cumulative loss would be €30.5m assuming that tracks continued to pay prize money as at present. In 2019, RCÉ’s spend on prize money was €9.6m.
Source: Irish Examiner November 29, 2020 15:12 UTC