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Betting and crowd figures surge as Irish racing grows.


Byline: Tony O'Hehir

AN INCREASE in the number of fixtures and races in Ireland has contributed to significant growth in attendance and betting figures, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 statistics issued yesterday for the first six months of this year, writes Tony O'Hehir.

Total attendances at race meetings in Ireland from January 1 to June 30 were up 61,657 on the same six-month period last year. This represents an increase of 13 per cent to 542,959.

The number of meetings held totalled 134, an increase of 15 on last year, while an extra 104 races were run compared with the same period in 2002.

Betting with on-course bookmakers was up 15 per cent, or EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
10.4m, at EUR80.4m, while Tote betting of EUR18m was up EUR2.7m, an increase of 18 per cent.

Horse Racing Ireland Horse Racing Ireland is the governing body of horse racing on the island of Ireland. Like several other sports, horse racing is run on an All Ireland basis, so Horse Racing Ireland is responsible for racing in both the Republic of Ireland, which has 25 racecourses, and in Northern  chief executive Brian Kavanagh said: "The figures are most encouraging taken against the background of a general economic slowdown and they point to this being another successful year for Irish racing.

"Obviously the extra fixtures included this year have achieved their objective in providing more opportunities for owners and their horses, resulting in additional prize-money, sponsorship, attendances and betting."

Prize-money was up EUR2.1m at EUR22m, an increase of 10.6 per cent with total sponsorship at EUR3.2m, up 11.4 per cent.

Kavanagh also highlighted the new balloting system, which was introduced early this year, and the decision of the Tote to reduce its retention rates on races with ten or less runners from 20 per cent to 10 per cent as positive moves.

He also noted Tote track records set at Gowran Park on Thystes Chase day, Punchestown on Heineken Gold Cup day and The Curragh This article is about the plain in County Kildare. For the racecourse on the plain, see Curragh Racecourse. For the willow scrub habitat known as curragh on the Isle of Man, see Curragh (habitat). For the Irish boat, see Currach.  on Irish Derby Day.
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Article Details
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Title Annotation:Sports
Publication:The Racing Post (London, England)
Geographic Code:4EUIR
Date:Jul 4, 2003
Words:289
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