In a devastating blow to Irish bookmakers, the national budget was unveiled yesterday delivering a significant increase to betting tax in the country. After much speculation and heated debate, Ireland’s Minister for finance Paschal Donohoe increased the overall betting tax in the country to two per cent, reversing the 2007 budget which had previously halved it to one per cent. …
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Racing Post B2B has announced new betting prompts that can be downloaded onto shop gantry systems. The business wing of the UK-based betting giant has introduced RPG Bet Prompts, an innovative new way to display tipping and betting prompts that is already live in over a third of betting shops in the UK and Ireland. These prompts have been developed …
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Following last week’s granted review of Ladbrokes Ireland examinership by bookmaker Boylesports, Irish business news sources have reported that Manchester independent bookmaker Betfred is studying a potential rival bid for the troubled retail betting division. The Irish Times had revealed Betfred as the third bidder in the ongoing examinership, however the newspaper has questioned whether Betfred governance will place a firm …
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Irish independent bookmaker Boylesports is lining up to buy Ladbrokes loss making Irish retail division. The division is currently under Irish High Court protection, following Ladbrokes appointment of examiner Deloitte in April. Having recorded 2014 division losses of €5 million, Ladbrokes Ireland operations are currently being re-structured, with the operator outlining the closure of 60 of its 196 Irish betting …
Read More »With the Irish Bank Resolution Corporation’s (IBRC) sale of utilities operator Siteserv to the Denis O’Brien-controlled company Millington currently sending the Irish government into turmoil. Irish independent sports betting operator BoyleSports has reported a surge of support for there to be a general election before the end of 2015. Initially priced at 10/1, the Irish election call is now 6/1 that there …
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Following a full operations review, Boylesports governance has decided to close its London offices, as the operator moves its key operations to its new Gibraltar hub in the coming months. Boylesports released the following statement regarding the office closure “After considerable deliberation BoyleSports has decided to close its London office.“The move follows a lengthy review and comes at a time …
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