New laws which would see an overhaul of regulatory oversight of the betting and gaming industry implemented in Ireland have moved closer to completion, according to The Irish Times. The outlet reported yesterday that legislation banning free bets and ‘VIP treatments’ for certain gamblers, whilst a long-touted regulatory body will also be launched. A new regulator for the Irish betting …
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James Browne, the Republic of Ireland’s Minister of State for Justice, has outlined the scope of an ‘extremely powerful’ gambling regulator in the country, but a Labour Senator has called for earlier action. Reported by The Irish Times, Browne detailed that ‘comprehensive legislation’ will support the creation and operations of an ‘extremely powerful’ regulator – which will be launched by …
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The topic of problem gambling has taken centre stage in the Irish Oireachtas, as Senators debated the introduction of Ireland’s independent gambling regulator set for 2023. Under the terms of the ‘Interim Gaming and Lotteries Act’, passed in December 2020, the government will conduct a large overhaul of Irish gambling regulations in 2021, with the aim of modernising existing legislation …
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The Irish Government has proposed a €500 limit to maximum payouts on gaming terminals, down from the €750 put forward in March. The current limit of €5.00, which remains unchanged since 1956, has been described – according to a government spokesperson – as “archaic, unpractical, and unimplementable”. The Minister for Justice Charlie Flanagan has, therefore, outlined a number of changes …
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Ireland’s temporary legislation for the betting and gaming industry, the Gaming and Lotteries Bill 2019, has been given the green light to advance to the committee stage in the Dáil Éireann. The legislation seeks to enforce an age restriction of 18 years old on all betting and gaming products across Ireland, as well as limit gaming machine stakes and prizes …
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Irish Minister for Finance Paschal Donohoe has backed the country’s betting tax regime following a number of claims from Irish TD’s that the increased levy has put over 1,800 jobs at risk. Speaking at the Dáil yesterday, Sinn Féin’s finance spokesman Pearse Doherty emphasised to the committee that first quarter results for the industry have demonstrated that smaller, independent …
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