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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Ireland’s betting sector will implement sweeping changes brought in by a new ‘Code of Practice on Safer Gambling’ established by the Irish Bookmakers Association (IBA). This weekend, the IBA communicated that Ireland’s retail and online bookmakers had agreed to follow new industry rules, standards and conduct on safer gambling and player protection duties. Mirroring UK policy, the new code will …
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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 …
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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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Seeking to protect smaller industry incumbents, the Irish Ministry of Finance is reported to be considering removing tax duties on bookmakers who generate a turnover below the €2.5 million a year mark. The Irish Times reports that Finance Minister Paschal Donohue is prepared to listen to the concerns presented by the Irish Bookmakers Association (IBA) with regards to taxation and …
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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 …
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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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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 …
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The Irish gambling industry is coming together to support the launch of the first ever Responsible Gambling Week Ireland. It is the biggest social responsibility campaign that has been held in Ireland. The theme for the campaign is simply, “A great tip – know when to stop” with the aim of starting conversations about what it means to gamble responsibly. …
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The incoming regulation from the Irish Government to introduce a levy for operators, in order to aide the payment of problem gambling treatment, research and education has been praised by The Irish Bookmakers Association (IBA). Making long awaited progress on the bill that had originally been passed in 2013, the country’s Minister for Justice and Equality Charlie Flanagan was recently …
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