Irish independent bookmaker Tully Bookmakers has made the decision to sell its ten remaining retail venues to BoyleSports, as reported by the Racing Post. Also taking on Tully’s telephone betting business, the acquisition will see BoyleSports maintain its position as the largest independent operator in Ireland with a suite of 268 retail betting shops throughout both the Republic and Northern …
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Irish bookmakers demand clarity on reopening orders
Confusion reigns with regards to Irish bookmakers reopening their venues, as the government orders betting shops to remain closed until 29 June. This week, a reported 800 Irish betting shops reopened their businesses on Monday 15 June, believing to have complied with the Irish government’s ‘phase two’ Coronavirus national plan. However, within 24 hours Irish betting firms were instructed to …
Read More »Irish bookmakers to reopen on 29 June
Irish bookmakers will reopen their doors on 29 June, as the country enters phase three of the Government’s strategy to ease COVID-19 measures. The confirmation follows a meeting of Irish Bookmakers Association (IBA) members, which revealed that an agreement has been reached to reopen 755 of the nation’s 814 betting shops. Ireland closed its betting shops in mid-March, for a …
Read More »Ireland to drop 2% turnover tax for favoured two-tier approach
The Irish Independent has this weekend reported that the Dáil Éireann will move to present a two-tiered betting tax plan to the European Commission for EU-wide regulatory approval. Following extensive industry consultations, the Irish government is reported to be dropping its formerly approved ‘2% turnover betting tax’, moving towards a more favourable dual tax system differentiating between retail and digital …
Read More »IBA pushes for the introduction of a new gambling control bill
The Irish Bookmakers Association (IBA) has expressed its hopes towards the introduction of a Gambling Control Bill and an Independent regulator, as published in its inter-departmental group report. Irish Minister of State, David Stanton, noted that with a fast-evolving industry and changing demographics, “the State’s licensing and regulatory approach” must also adapt. He added: “Incremental change is not a viable …
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Sharon Byrne, Irish Bookmakers Association:
Securing the future of Irish betting shops
In recent years, the Irish retail betting industry has strengthened its commitment to ensuring responsible gambling, with various initiatives including its Responsible Gambling Week. However, potential tax rises from 1% to 2% could lead to a turbulent 2019 for the sector. SBC spoke to Sharon Byrne, Chair of the Irish Bookmakers Association (IBA) about how the future can be secured …
Read More »Finance Minister confirms review of Irish betting tax
According to the Times, the Irish Finance Minister Paschal Donohoe has confirmed a decision to review plans to double betting tax, after warnings from Irish Bookmakers Association (IBA) that the move would lead to significant job losses. The decision means there is likely to be a delay to the potential tax hike, which were due for implementation at the commencing …
Read More »Irish Dáil to review IBA backed betting tax proposals
The Dáil Éireann (Irish Parliament) is set to review a proposal to replace the Treasury approved ‘doubling of betting turnover duty’ – inbound for January 2019. Independent Kerry province TD Michael Healy-Rae has proposed a number of alternative amendments to the Finance Bill which are set to be debated later this week. The amendments, which are backed by the Irish …
Read More »Tax increases to hamper Ladbrokes’ Irish presence
Ladbrokes could be about to terminate all its on-course bookmaking activity in Ireland, as a result of the country’s betting tax being doubled to 2%. Speaking to the Irish Independent, Ladbrokes Ireland Director Jackie Murphy also underlined that the tax hikes will likely mean that operator will cease its sponsorship of races where it currently holds on course betting operations. …
Read More »Responsible Gambling Week unites Irish and British industries
Spearheaded by the Irish Bookmakers Association (IBA), the Irish betting sector is uniting with the British gambling industry to take part in Responsible Gambling Week 2018, making it the biggest ever event of its kind in both countries. The event, which will run for the first week of November, will be supported by more than 800 bookmakers and head offices …
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