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Friday 24 July 2009

Horse Racing Ireland (HRI) Call for Better Value for Racegoers


Horse Racing Ireland (HRI) - Figures 2009

HRI Chief Executive Brian Kavanagh Calls for More Competitive Pricing

Too late for Galway Races?

With the Galway Races just days away, Horse Racing Ireland (HRI) have just announced figures for the first six months of 2009 compared to the same period in 2008.

Total attendance: Down 17%
Average attendance: Down 14%
Bookmaker on-course betting: Down 22%
Tote betting: Down 22%
Prize money: Down 14%

HRI Chief Executive Brian Kavanagh stated:
“The first six months have not surprisingly proved to be very challenging, with Irish racing not immune from the effects of the economic slowdown. All our figures are down, but we must see them in context.

Racing is coming from a very high bar, having achieved record figures in recent times, and 2008 saw a contraction in the Irish horse racing industry for the first time in more than fifteen years.

With rising unemployment and continuing weak consumer confidence in so many markets, it is understandable that attendances at events, including race meetings are going to be affected.

Racing will have to rise to the challenge and offer better value for our customers, with competitive pricing, increased offers and more incentives to reward our loyal racegoers”.

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Is it too late for Galway Races to do the decent thing?

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