While punters had their tickets refunded for Cheltenham, many local hotels withheld deposits in order to soften the blow somewhat. So if you’ve got a big heavy fall of snow then that’s it, there’s nothing really you can do,” he says. But it’s not only horse racing that stands at risk of big financial losses in the case of bad weather. Rain can cause big problems for Ireland international cricket matches, as seen here during last year’s Test match against Pakistan in Malahide. So you’re getting a broadcast fee, you’re getting ticket sales but how good are those against paying the insurance?

Source: The Irish Times October 15, 2019 06:00 UTC