Tag Archives: ireland

JP McManus seeks $5.2 million tax return from US IRS

Irish racehorse and stud rights magnet John (JP) McManus is seeking to $5.2 million from the US government, claiming that gambling winnings of $17.5 million were wrongly taxed. McManus one of Ireland’s richest businessmen (ranked 12th richest Irishman according to the Sunday Times), has filed a federal claim with US courts, seeking to recover the money on gambling winnings made …

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Irish Government grants 27 operator licenses

Ireland’s gambling authority has issued 27 operator licenses to its newly regulated remote betting market. The licenses have been granted for a period of two years allowing igaming and sports betting provisions to be serviced and marketed to Irish consumers. Ireland’s Tax and Customs Office published its revised list on 1 September. As expected Irish betting operators Paddy Power, Boylesports …

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Paddy Power share price surge creates 207 millionaires

 Last week’s 20% surge in Paddy Power shares has created a total of 207 ‘paper millionaires’. Prior to the UK August Bank Holiday weekend Paddy Power shares traded at €96. The Irish Independent newspaper reported the shareholder figures following a review of Paddy Power Plc register, detailing that 207 accounts held 10,000 + shares which following last week trading gains …

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Retail & digital uplifts see Paddy Power post H1 2015 profits surge

The announcement of a potential Paddy Power and Betfair merger has dominated industry headlines this morning. Nevertheless Paddy Power governance delivered a  very strong H1 2015 interim report (period ending 30 June), as the operator posted top metric growth for both digital and retail divisions. Paddy Power would record a group operating profit before taxes of €80 million up 33% on 2014’s …

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Sportingbet responds to Irish exit criticisms

GVC Holdings owned operator Sportingbet has responded to claims of unlicensed online betting activity in the newly regulated Irish market claiming a technical oversight was at fault for its continued service. The operator is alleged to have taken Irish customer bets following the 1 August introduction of new online gambling legislations which require betting and gaming companies to have approved …

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GAA urges Irish government to ban underage Gaelic Games wagering

The Gaelic Athletic Association (GAA) has pleaded for further amendments to Ireland’s 2013 Gambling Control Bill, with a view to prohibit wagering on underage/minor games (under 18)   The governing body of Gaelic Games (hurling and Gaelic football) has requested for the banning of wagers at inter-county level, citing the future integrity of the sports and youth development matters. Following …

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HRI appoints Racing Post as data partner

Horse Racing Ireland (HRI) has announced that Racing Post has been appointed as an official distributor of HRI Data up to the end of 2019. Racing Post have renewed the agreement with HRI to use official HRI data in all of its print and digital products and will also be licensed to sell such data to other customers alongside its own editorial, tipping and analysis of Irish horseracing. …

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PokerStars gains Irish Remote Bookmakers Licence

Amaya Inc igaming brand PokerStars has confirmed that it has been granted a Remote Bookmakers Licence by the Irish Revenue Commissioners the regulatory body for betting in the Republic of Ireland. Ireland passed its new ‘Gambling Act 2015’ last April, aiming to introduce new amendments and regulations to the governing of online gambling services. The introduction of the act will …

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John Boyle – Boylesports monitoring closely Ladbrokes Coral Merger Plans

Speaking to the Belfast Telegraph, Boylesports’ Founder and CEO John Boyle has detailed that his company are closely monitoring the merger of UK betting operators Ladbrokes and Gala Coral. Irish Independent operator Boylesports has made no secret that it wishes to expand its services within the UK betting market, having declared that its operations have reached peak capacity within Ireland …

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Nektan gains Irish licence

Nektan PLC, the international B2B mobile gaming platform and content provider, announces that it has successfully gained approval for a remote betting intermediary licence for the Irish market. This is in accordance with new regulations which will come into effect on 1 August 2015. David Gosen, Nektan’s Chief Executive Officer, said: “We are pleased that Nektan is among the very …

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