Tag Archives: Irish Examiner

Irish bookmakers challenge lottery betting ban

SBC News Irish bookmakers challenge lottery betting ban

Bookmakers in Ireland have voiced their opposition to the potential passing of a law that would prohibit bets on the National Lottery. As reported in the Irish Examiner, the Seanad will debate a bill today that would ban firms from offering bets on the outcome of the National Lottery draw, which has been available since its formation in the 1980’s. If passed, the bill …

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Undaunted Boylesports to establish UK northern profile in 2019

SBC News Undaunted Boylesports to establish UK northern profile in 2019

Whilst all UK bookmakers undertake major adjustments to their retail portfolios in 2019, countering FOBTs reduction impacts, Irish bookmaker Boylesports is reported to be preparing for its UK highstreet debut. The Irish Examiner reports that Dundalk-based Boylesports, Ireland’s second largest retail bookmaker is the final stages of acquiring a number of independent bookmakers located in northern Britain. Ever since 2014, …

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Paddy Power sets up investors for a potential €800 million surplus windfall

SBC News Paddy Power sets up investors for a potential €800 million surplus windfall

Ahead of its annual general meeting set for 14 May, The Irish Examiner reports that Paddy Power governance is expected to continue to return its surplus cash to investors in the coming years. In March Paddy Power governance announced that it planned to return a dividend of €390 million, representing 12% of its current market value. Paddy Power who were …

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Irish Examiner – virtual roulette could be illegal

SBC News Irish Examiner - virtual roulette could be illegal

A special investigation by the Irish Examiner newspaper suggests ‘virtual roulette’ in betting shops could be illegal because of incorrect licensing, meaning bookmakers may be liable in future tax cases. Revenue Commissioners believe the activity has been misrepresented and may have serious repercussions upon renewal of gambling licences, with the possibility of a legal challenge looking increasingly likely. “Roulette on …

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