Opening the week, industry strategic consultancy Regulus Partners provides an Irish overview, assessing whether the government can reform its newly sanctioned betting tax scheme by forming a level playing field for its incumbents. ________________ The Irish government is reportedly considering changes to its betting duty regime in light of the evidence of the first six months of doubling the rate …
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Gary McGann – Irish tax doubling will hurt ‘home heroes’ like Paddy Power Betfair
The Sunday Times has this weekend published extracts of a letter written by Paddy Power Betfair (PPB) Executive Chairman Gary McGann to Paschal Donohoe, Ireland’s Finance Minister pleading for Fine Gael not to pursue with a new betting tax regime. The letter published under ‘the freedom of legislation’ act, sees McGann state that the Dáil approved/pending doubling of the Irish …
Read More »No new betting tax charges for Ireland’s 2018 Budget
The Irish government will not raise taxes on betting for its 2018 budget, as the Finance Ministry took note of industry submissions warning the Oireachtas of potential job losses should new charges be implemented. Irish news sources report that the Department of Finance had been reviewing three industry options, with a view to raising circa €50 million from bookmakers or …
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