Amaya Inc igaming brand PokerStars has confirmed that it has been granted a Remote Bookmakers Licence by the Irish Revenue Commissioners the regulatory body for betting in the Republic of Ireland.
Ireland passed its new ‘Gambling Act 2015’ last April, aiming to introduce new amendments and regulations to the governing of online gambling services.
The introduction of the act will result in a 1% gross tax duty on igaming products (online casino, games, poker and bingo). Online sports betting services will be charged at a 15% net revenue rate (mirroring the UK POC taxes).
The new online gambling regulatory framework is set to be fully introduced this August. PokerStars detailed that its existing poker and casino services for Ireland would continue to operate under its European license from Malta.
Commenting on PokerStars Irish sports betting license Stephen Frisk Managing Director of PokerStars Sports Betting said:
“We’re very pleased to receive a license for our sports betting offering on PokerStars in Ireland.”
“Our operation of poker, casino games, and now sports betting shows that players trust us to deliver a variety of games in a fun and exciting way. We look forward to building on this by operating under this new license.”