Tag Archives: Betting Bill

Ireland set to introduce online betting tax

SBC News Ireland set to introduce online betting tax

Ireland’s Minister for Finance Michael Noonan is set to introduce a new taxation scheme targeting remote based gambling and sports betting operators. Irish newspaper the Irish Examiner, reported that Michael Noonan had drafted the framework for the online betting tax scheme, as Ireland aims to raise €25 millon per annum from foreign online betting operators . The newspaper claims that …

Read More »

Ireland’s Betting Bill to be reviewed by EC

The Irish Government have submitted the final revision of its proposed Betting Bill to the European Commission (EC). Irish ministers are hoping to implement remote betting regulations and taxes on the online gambling industry by the end of 2014. The Bill will be reviewed by the EC, in order to comply with European anti-monopoly and ethical business practices. The EC …

Read More »

Irish bookies waiting on EU approval for new betting law

SBC News Irish bookies waiting on EU approval for new betting law

The Irish Bookmakers Association has revealed that the Betting Bill is now with the Attorney General, but is sweating on EU approval. The group, which represents 70 per cent of bookmakers and independent providers, believes the retail betting sector is in severe decline, having witnessed the closure of 366 shops in the last six years, resulting in the loss of approximately 1700 staff. It …

Read More »