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19 Jan 10
16:19
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03 Aug 08
By Tony O'Hehir 12:56PM 19 JAN 2010 HORSE RACING IRELAND has published industry statistics for 2009 that reveal the grim extent of the impact of the recession.
Attendances were down 11 per cent, prize-money down 12 per cent, on-course betting down 21 per cent, new owner numbers down 28 per cent and bloodstock sales down 32 per cent.
Responding to the figures, HRI reiterated that a further major cut to prize-money, down to 47.7m, had already been announced for 2010, meaning a return to 2002 prize-money levels.
Attendances at Ireland's 26 racecourses fell from 1.392 million to 1.237m in 2009, while in the betting ring bookmakers (down 27%) fared worse than the Tote (down 13%).
The figures, HRI claimed, reflected the "extremely challenging" economic environment faced by racecourses and on-course bookmakers.
For the first time in many years, participation in racing was down with a four per cent fall.
Brian Kavanagh: head of HRI
PICTURE: Caroline Norris
There was a six per cent drop in the number of individual horses that ran, a ten per cent decline in the overall number of owners and, most dramatically, a 28 per cent reduction in the number of new owners.
The most severe decline during 2009 was once again in bloodstock sales at public auction, which fell by 32 per cent to 67.5 million. This represents a 62 per cent decline compared to the 2007 figure of 176.5m, reflecting an Irish breeding industry now under major threat.
Brian Kavanagh, HRI's chief executive, said on Tuesday: "On the positive side, 2009 was another year of remarkable achievement for Irish horses, trainers, jockeys and breeders under both codes. For the second successive year, Ireland produced the Flat world champion racehorse in Sea the Stars.
"Three of the top four Flat horses in the world in 2009 were trained in Ireland and the top three were all Irish-bred. This level of consistent success showcases our racing and breeding industry at the highest international level.
"In no other sport can Ireland claim such a level of elite achievement. Horse racing and breeding is one of the few industries in which Ireland is rightly recognised as a world leader, due to its indigenous skills base and the tradition of enlightened government policy."
Kavanagh continued: "The recently published Dukes Report highlighted how the racing industry has become a significant employer with 15,500 jobs [excluding the betting industry] and an increasingly vital part of the struggling rural economy.
"However, this position is now under severe threat. Staff cutbacks and redundancies have become a stark reality for many businesses within the industry, with an estimated 1,500 job losses to date and more inevitably to result from the further cuts already announced for 2010.
"With so many demands on government finances, it is essential for the racing industry to become self-financing, as it is in most other countries. This can be done with a meaningful levy on betting, including all off-shore internet and telephone betting which has wrongly escaped the taxation net up to this point.
"In 2002, the Irish betting industry was turning over 1 billion and generating tax for the exchequer of 68 million. Seven years later, whilst betting has increased to an estimated 5.5 billion, the tax take has declined to 30 million."
AT-A-GLANCE IRISH RACING STATISTICS FOR 2009
Number of fixtures Up 0.9% from 342 to 345
Number of cancelled fixtures Down 9.5% from 42 to 38
Number of rescheduled fixtures Up 34.6% from 26 to 35
Number of races Down 0.4% from 2,454 to 2,444
Point-to-point fixtures Down 1.8% from 110 to 108
Point-to-point races Up 0.4% from 919 to 923
Total prize-money Down 12.4% from 60.4m to 52.9m
Jumpprize-money Down 14.3% from 28.7m to 24.6m
Flat prize-money Down 10.7% from 31.7m to 28.3m
Total number of runners Down 3.9% from 34,591 to 33,240
Number of individual runners Down 5.6% from 9,042 to 8,534
Number of individual winners Down 0.2% from 1,786 to 1,782
Number of individual placed horses Down 1.6% from 4,171 to 4,103
Total number of owners Down 9.5% from 5,641 to 5,107
Number of new owners Down 27.7% from 1,237 to 894
Number of horses in training Down 4% from 12,119 to 11,638
Total betting Down 21.3% from 231m to 181.8m
Tote betting Down 13.2% from 55.1m to 47.8m
On-course bookmakers: Down 27.1% from 167.2m to 121.9m
On-course SP shops: Down 18.2% from 14.8m to 12.1m
Total sponsorship Down 13.8% from 8.7m to 7.5m
Total attendances Down 12% from 1,392,134 to 1,225,511
Bloodstock sales at public auction Down 32.2% from 99.5 to 67.5m
Attendances were down 11 per cent, prize-money down 12 per cent, on-course betting down 21 per cent, new owner numbers down 28 per cent and bloodstock sales down 32 per cent.
Responding to the figures, HRI reiterated that a further major cut to prize-money, down to 47.7m, had already been announced for 2010, meaning a return to 2002 prize-money levels.
Attendances at Ireland's 26 racecourses fell from 1.392 million to 1.237m in 2009, while in the betting ring bookmakers (down 27%) fared worse than the Tote (down 13%).
The figures, HRI claimed, reflected the "extremely challenging" economic environment faced by racecourses and on-course bookmakers.
For the first time in many years, participation in racing was down with a four per cent fall.
Brian Kavanagh: head of HRI
PICTURE: Caroline Norris
There was a six per cent drop in the number of individual horses that ran, a ten per cent decline in the overall number of owners and, most dramatically, a 28 per cent reduction in the number of new owners.
The most severe decline during 2009 was once again in bloodstock sales at public auction, which fell by 32 per cent to 67.5 million. This represents a 62 per cent decline compared to the 2007 figure of 176.5m, reflecting an Irish breeding industry now under major threat.
Brian Kavanagh, HRI's chief executive, said on Tuesday: "On the positive side, 2009 was another year of remarkable achievement for Irish horses, trainers, jockeys and breeders under both codes. For the second successive year, Ireland produced the Flat world champion racehorse in Sea the Stars.
"Three of the top four Flat horses in the world in 2009 were trained in Ireland and the top three were all Irish-bred. This level of consistent success showcases our racing and breeding industry at the highest international level.
"In no other sport can Ireland claim such a level of elite achievement. Horse racing and breeding is one of the few industries in which Ireland is rightly recognised as a world leader, due to its indigenous skills base and the tradition of enlightened government policy."
Kavanagh continued: "The recently published Dukes Report highlighted how the racing industry has become a significant employer with 15,500 jobs [excluding the betting industry] and an increasingly vital part of the struggling rural economy.
"However, this position is now under severe threat. Staff cutbacks and redundancies have become a stark reality for many businesses within the industry, with an estimated 1,500 job losses to date and more inevitably to result from the further cuts already announced for 2010.
"With so many demands on government finances, it is essential for the racing industry to become self-financing, as it is in most other countries. This can be done with a meaningful levy on betting, including all off-shore internet and telephone betting which has wrongly escaped the taxation net up to this point.
"In 2002, the Irish betting industry was turning over 1 billion and generating tax for the exchequer of 68 million. Seven years later, whilst betting has increased to an estimated 5.5 billion, the tax take has declined to 30 million."
AT-A-GLANCE IRISH RACING STATISTICS FOR 2009
Number of fixtures Up 0.9% from 342 to 345
Number of cancelled fixtures Down 9.5% from 42 to 38
Number of rescheduled fixtures Up 34.6% from 26 to 35
Number of races Down 0.4% from 2,454 to 2,444
Point-to-point fixtures Down 1.8% from 110 to 108
Point-to-point races Up 0.4% from 919 to 923
Total prize-money Down 12.4% from 60.4m to 52.9m
Jumpprize-money Down 14.3% from 28.7m to 24.6m
Flat prize-money Down 10.7% from 31.7m to 28.3m
Total number of runners Down 3.9% from 34,591 to 33,240
Number of individual runners Down 5.6% from 9,042 to 8,534
Number of individual winners Down 0.2% from 1,786 to 1,782
Number of individual placed horses Down 1.6% from 4,171 to 4,103
Total number of owners Down 9.5% from 5,641 to 5,107
Number of new owners Down 27.7% from 1,237 to 894
Number of horses in training Down 4% from 12,119 to 11,638
Total betting Down 21.3% from 231m to 181.8m
Tote betting Down 13.2% from 55.1m to 47.8m
On-course bookmakers: Down 27.1% from 167.2m to 121.9m
On-course SP shops: Down 18.2% from 14.8m to 12.1m
Total sponsorship Down 13.8% from 8.7m to 7.5m
Total attendances Down 12% from 1,392,134 to 1,225,511
Bloodstock sales at public auction Down 32.2% from 99.5 to 67.5m
Show More
On-course bookmakers: Down 27.1% from 167.2m to 121.9m
6% more than the overall drop in betting
a bigger drop than the T0te
and a bigger drop than the on course shops.
So its clear they have a IMAGE problem with their customers.
It be interesting to see what action on IN-action these guys will now take to stop the slide.
1.01 Sit on their hands v 100/1 New Practices or introducing new initatives in the ring.
Were's the VALUE?.........Sadly I say its in the 1.01. :(
Yet PPs share are up a 100% in the last 12 months. Which indicates the appetite and money is still there for gambling.
Its all about how you tell them Johnny Carson use to say.
In this case its surely down to how you sell your service and the RING seems to have lost the plot. :(
6% more than the overall drop in betting
a bigger drop than the T0te
and a bigger drop than the on course shops.
So its clear they have a IMAGE problem with their customers.
It be interesting to see what action on IN-action these guys will now take to stop the slide.
1.01 Sit on their hands v 100/1 New Practices or introducing new initatives in the ring.
Were's the VALUE?.........Sadly I say its in the 1.01. :(
Yet PPs share are up a 100% in the last 12 months. Which indicates the appetite and money is still there for gambling.
Its all about how you tell them Johnny Carson use to say.
In this case its surely down to how you sell your service and the RING seems to have lost the plot. :(
plenty of empty pitch s there for you bless to lead the way.another keyboard warrior
Johnny Carson Bless?Surely you mean Edward Carson?
Champ....I'm all for increasing productively. :^0
I think it would be the best thing for both bookmakers and punters if we got rid of 20% of the industry.
That includes not only the RING but Shops as well.
If that happened they would be better opportunitys for everyone to live happy ever after. :x
This craic that losing a few bookmakers will be the death knell for the country is a load of b0llox to me.
Bookmaking is all about turnover if you have too many chasing the same pot of gold nobody wins. Likewise atmosphere has a big play in punters enjoyment. Bookmaker shops the size of Croke Park with nobody in them does nothing for that imo.
But who really cares what Bless says :( .
Its how the RING in particular is going to go about winning their share back of the market is what most of us want to hear. b-)
Putting up markets which the high street chains can't show up with their guarnteed prices promotions would be a start in my eyes.......Cheers
I think it would be the best thing for both bookmakers and punters if we got rid of 20% of the industry.
That includes not only the RING but Shops as well.
If that happened they would be better opportunitys for everyone to live happy ever after. :x
This craic that losing a few bookmakers will be the death knell for the country is a load of b0llox to me.
Bookmaking is all about turnover if you have too many chasing the same pot of gold nobody wins. Likewise atmosphere has a big play in punters enjoyment. Bookmaker shops the size of Croke Park with nobody in them does nothing for that imo.
But who really cares what Bless says :( .
Its how the RING in particular is going to go about winning their share back of the market is what most of us want to hear. b-)
Putting up markets which the high street chains can't show up with their guarnteed prices promotions would be a start in my eyes.......Cheers
The danger now is that there will be too much racing scheduled this year. And when it gets to peak season in the summer, with racing almost every day (sometimes two meetings daily), there will be small fields (arguably this is already evident in bumpers). I suppose there will be some who will prefer this for betting purposes but personally it's something I wouldn't look forward to. The off-course bookmakers certainly won't like it.
Take a leaf out of Spoils. they still expanding with new shops
WIN ONLY....Have you no solution to how the RING can restore its IMAGE or COMPETITIVENESS with not only its own customers. But in the overall betting market.
It has lost ground to the T0te the Betting shop on the course and in the over all betting markets.
The figures are there in black and white for all to see thanks to GIANT STRIDES.
So come on WIN ONLY SP ONLY!....... IDEAS PLEASE.
Its no good just feeling sorry for them as that won't win the RING back their market share, and the days of the customers just dropping from the SK-y I think are gone in Ireland . :( .......Cheers
It has lost ground to the T0te the Betting shop on the course and in the over all betting markets.
The figures are there in black and white for all to see thanks to GIANT STRIDES.
So come on WIN ONLY SP ONLY!....... IDEAS PLEASE.
Its no good just feeling sorry for them as that won't win the RING back their market share, and the days of the customers just dropping from the SK-y I think are gone in Ireland . :( .......Cheers
i'm not sure that on course bookmakers can bring back big businesses and prosperity to the country.
I know one thing blessington, you are a fking tiresome know it all cretin, and i promise one thing -I wont waste any more time replying to your utter sh1te.
perp
I know one thing blessington, you are a fking tiresome know it all cretin, and i promise one thing -I wont waste any more time replying to your utter sh1te.
perp
Arent Paddy Poor employees just the nicest people you could hope to meet on here!!
INFO...Is it easy to see why this country has gone the way it is.......Sure these guys have no stormach for a battle once a opinion goes against them....
And even less when they are asked to come up with a SUGGESTION :^0 :^0
Ha Ha, INFO its lucky they have me and YOU to keep it all together. ]:) ......Cheers
And even less when they are asked to come up with a SUGGESTION :^0 :^0
Ha Ha, INFO its lucky they have me and YOU to keep it all together. ]:) ......Cheers
win only.he cleans the toilets in paddy powers,dont think they would employ him to do anything else
Well I reckon it be a easier job cleaning the toilets in pps.
Than trying to clear up the sh1t the betting ring is in at the moment. Thats for sure.... :^0
Than trying to clear up the sh1t the betting ring is in at the moment. Thats for sure.... :^0
Bless
you obviously have a gripe against the oncourse bookmakers which we won't solve here, but I think you are wrong in taking the seemingly lesser decline in tote betting at face value.
The only reason the tote figures didn't fall through the floor was the performance of their placepot which has really established itself as a decent product throughout the year and is almost exclusively placed off course through British bookmakers and Betfair
On course punters have not defected to the Tote.
The Tote is a serious loss maker in Ireland despite having a 25% overround every race which is 66% more than your suggested maximum overround.
you obviously have a gripe against the oncourse bookmakers which we won't solve here, but I think you are wrong in taking the seemingly lesser decline in tote betting at face value.
The only reason the tote figures didn't fall through the floor was the performance of their placepot which has really established itself as a decent product throughout the year and is almost exclusively placed off course through British bookmakers and Betfair
On course punters have not defected to the Tote.
The Tote is a serious loss maker in Ireland despite having a 25% overround every race which is 66% more than your suggested maximum overround.
Bless
So that you understand the notion that the Tote figures are a combination of on and off course bettors , here is an example.
If you have sex once a week and your wife has sex twice a week
50% of her action is offcourse
So that you understand the notion that the Tote figures are a combination of on and off course bettors , here is an example.
If you have sex once a week and your wife has sex twice a week
50% of her action is offcourse
YUMMY....I have no problem with course bookmakers and couldn't give a fiddlers about them.
I'm just interest as a spectaor what a section of the industry that loss 27% of its businness in ONE year way ahead of the norm in the other parts of the industry is going to do about it.
I mean look at our much malinged goverment has done since they recieve the same message for income tax revenue.
Just think about it 10 years ago a betting shop and the markets in them were a different world to nowdays and 10 years before that it was the same.
Go back 20 years in the Ring and you barely would see a difference and probably none in the way or style they bet. As the song says "Who's sorry now" they haven't tried to improve it.
So YEAH I'm just interested how long more these guys will sit on their hands and think there getting away with something going 12/1 on 210/1 shots.
When in fact there customers are moving away from them in masses..........But does it bother me either way NO.... Its just beat reading threads about a 60 year old woman se-x life...Cheers
I'm just interest as a spectaor what a section of the industry that loss 27% of its businness in ONE year way ahead of the norm in the other parts of the industry is going to do about it.
I mean look at our much malinged goverment has done since they recieve the same message for income tax revenue.
Just think about it 10 years ago a betting shop and the markets in them were a different world to nowdays and 10 years before that it was the same.
Go back 20 years in the Ring and you barely would see a difference and probably none in the way or style they bet. As the song says "Who's sorry now" they haven't tried to improve it.
So YEAH I'm just interested how long more these guys will sit on their hands and think there getting away with something going 12/1 on 210/1 shots.
When in fact there customers are moving away from them in masses..........But does it bother me either way NO.... Its just beat reading threads about a 60 year old woman se-x life...Cheers
many betting shops close round your way bless?
do you ever go into betting shops?
how ofter you go racing?
do you ever go into betting shops?
how ofter you go racing?
KEV....No betting shops never seem to close and that applys around me anyway. They just open up.
As for going into betting shops now. No I use to LOVE them but now I try to saty away from them there is no atmosphere or craic in them anymore. Too many shops has killed the atmposphere.
How many times I go racing. Used to go about 30 times a year now its down to about 6. Whats the point I used to go for the betting ring seeking value. Its not there now so I let my fingers do the walking now on the lap top or mobile.
And my favourite breakfast. ...Full Irish.....Anything else**gy? :^0
PS...I hope your right about the AFC but I don't think the Jets have much hope against the Colts.
As for going into betting shops now. No I use to LOVE them but now I try to saty away from them there is no atmosphere or craic in them anymore. Too many shops has killed the atmposphere.
How many times I go racing. Used to go about 30 times a year now its down to about 6. Whats the point I used to go for the betting ring seeking value. Its not there now so I let my fingers do the walking now on the lap top or mobile.
And my favourite breakfast. ...Full Irish.....Anything else**gy? :^0
PS...I hope your right about the AFC but I don't think the Jets have much hope against the Colts.
its 4/5 now on betfair, not much liquity for a bigger hitter like yourself
well its a real defence v offence battle- the thing about the jets last week was they brought the blitz and still seemed to have every man covered- it looked like they had 30 men on the field- however indoors, if they do that every play, manning should be able to get quick release and hit them with big gains all over the shop
i only ask bless as i wondered what changes would make you change your betting behaviour
I disagreed before about closure of shops as i felt it would be bad for punters as the specials we now get will go, but as regards atmosphere, your dead right- same could be said for pubs- i suppose you want your local bookies to feel like a kinda pub sports feel to it
maybe a wee shebeen with alcohol and sport wall to wall with no cartoons would appeal to you better than whats on offer
as regards racetrack, its a dead duck in its current format
you crib about value but on course bookies have overheads to pay
you are looking for cash and carry prices at spar or centra im afraid
they simply cant offer those kind of odds 105 overrounds
and please stop with the kinds bastion race- that was a one off-
well its a real defence v offence battle- the thing about the jets last week was they brought the blitz and still seemed to have every man covered- it looked like they had 30 men on the field- however indoors, if they do that every play, manning should be able to get quick release and hit them with big gains all over the shop
i only ask bless as i wondered what changes would make you change your betting behaviour
I disagreed before about closure of shops as i felt it would be bad for punters as the specials we now get will go, but as regards atmosphere, your dead right- same could be said for pubs- i suppose you want your local bookies to feel like a kinda pub sports feel to it
maybe a wee shebeen with alcohol and sport wall to wall with no cartoons would appeal to you better than whats on offer
as regards racetrack, its a dead duck in its current format
you crib about value but on course bookies have overheads to pay
you are looking for cash and carry prices at spar or centra im afraid
they simply cant offer those kind of odds 105 overrounds
and please stop with the kinds bastion race- that was a one off-
Bless
any comment on my reasons for the seemingly lesser decline on tote betting or does it not suit you to say you were wrong
any comment on my reasons for the seemingly lesser decline on tote betting or does it not suit you to say you were wrong
YUMMY....I don't take much interest in how the T0te run their business.
But the fact that there market dropped 50% LESS than the RiING and
33% LESS Than OVERALL BETTING would only indicate to me they must be doing something right.
Which is all I'm interested... ie, seen people stop the rut and beating the trend.
Hats off to the T0te for at least achieving that, even if their market is down 13% compared to the RING 27% and a decline in the economy of whtas it around 7 - 8%.
Bearing those figures in mind I probably wouldn't sack the T0te bosses yet. :^0
But the fact that there market dropped 50% LESS than the RiING and
33% LESS Than OVERALL BETTING would only indicate to me they must be doing something right.
Which is all I'm interested... ie, seen people stop the rut and beating the trend.
Hats off to the T0te for at least achieving that, even if their market is down 13% compared to the RING 27% and a decline in the economy of whtas it around 7 - 8%.
Bearing those figures in mind I probably wouldn't sack the T0te bosses yet. :^0
the majority of their turnover especially on quietet days is off course through their placepot betting .Do you think that yesterdays placepot pool at Naas of e14,326.17 was placed on track. If so everyone there would have placed 50 euro each on it
YUMMY....What am I doing now except betting all day. Thats my own business.
Saying that I'm sure I could find a way to sell you a share if you want to call it OUR business :^0
Saying that I'm sure I could find a way to sell you a share if you want to call it OUR business :^0
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