Losses at greyhound racing firm double to €325k

The loss of almost €1m by a Bord na gCon-owned Limerick greyhound racing company on the sale of its former stadium last year resulted in losses more than doubling at the firm.

New accounts filed with the Companies Registration Office show that losses at the Limerick Greyhound Racing Track Ltd last year increased by 153% from €128,401 to €325,983.

However, a spokesman for Bord na gCon said last night that tote revenue is not included in the accounts and if those revenues were factored in, the firm would have recorded a profit of €167,000 for the year.