Horse Racing Ireland is negotiating a commercial agreement with the betting exchanges. The memorandum of understanding, which would mirror the one between Betfair and the Jockey Club in Britain, will be signed by the end of June.
“We\’ll sign memorandums with every exchange that trades on Irish racing if volumes are respectable but athis stage Betfair and Betdaq would look the big two. We received draft documentation about eight or nine months ago which we were happy with as it\’s the very same as agreed with the Jockey Club. The UK situation basically works so we\’re not going to change much in that regard,” said Denis Egan, Turf Club Chief Executive.
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