Tuesday, January 9, 2018

Irish Racing, because we're worth it.

Kevin Blake wrote a blog for Attheraces this week calling for, among other things, an expansion of the winter Dundalk programme and a second all weather track in Munster. I argued against this on Twitter but the constraints of 280 characters prompted this blog.
Irish Racing does entitlement like The Donald does hair and ego. The simple truth is that the Irish industry is blessed by being subsidized from the public purse every year. Betting turnover does not cover the cost of putting on racing. Calls for more racing, especially lower class Flat racing must be viewed through this prism.
Dundalk on a Friday night is one of Irish racing's success stories: it's getting good brand recognition through the Attheraces coverage with the two cheeky chappies and the horses and personalities there are becoming known to a wider audience. People bet on things they are familiar with- Dundalk on a Friday is becoming part of the fabric: you go down to the pub, watch it on the telly and have a few bets- what better way to kick off the weekend? Would Tipperary on a Tuesday night garner the same interest or betting turnover? Would betting turnover increase substantially as the number of 0-65 all weather handicaps ballooned?
They can do it in France, was the cry- ah yes, but they have a Tote monopoly and every penny of betting turnover is made to count. In our model we have to make do with the scraps from the Paddy Power table.
What our industry has to realise is that the only sustainable business model is one where it is self-financing. There is only so much rural employment guff successive governments will listen to when (inevitably) times get tougher. The current exchequer largesse is a low hanging fruit waiting to be picked by the next left-leaning coalition partner facing into a difficult budget with the media screaming about hundreds of patients on trolleys. If at that point we have another all weather track and a further bloated fixture list the pain of loss will be far worse.
The energies of those in our industry should be put into consolidating and selling what we have. The Irish Tote despite some success in promoting the Pick 6 is largely moribund and shows very little appetite for modernization or innovation. It needs root and branch reform to offer a real alternative to exchange betting and fixed odds. TV coverage is gold- the Friday night programme sells the product. We need more features on the people and horses who put on the show, even if the industry funds them itself. Ger Lyons' son recently produced a "day in the life" piece on his Dad which was excellent- that sort of human interest piece is what should be playing on Attheraces between the Friday races. Why aren't we inviting Luke and Jason over for a tour of Meath/North Dublin via Ado McGuinness, Garvan Donnelly and Demot McLoughlin?
If we get into a situation where the product generates enough betting turnover to pay for itself we can talk about more tracks and more fixtures. Until that we need to concentrate on selling what we have.

No comments:

Post a Comment