Greyhound tracks hit by losses

A DECLINE in revenues at the companies operating Bord na gCon greyhound stadiums in Cork and Limerick last year resulted in both companies recording losses.

According to accounts filed by Cork Greyhound Race Company Ltd, the company plunged into the red last year with pre-tax losses of €199,313, following a pre-tax profit of €85,931 in 2008.

The company recorded the losses after revenues decreased by 25% from €1.5m to €1.1m to the end of December last.