Ireland

The Irish government has confirmed speculative reports earlier this week (see previous reports) that it is to hike the tax rate on retail, online and telephone sportsbooks by a percentage point to 2 percent. The Minister for Finance, Paschal Donohoe, announced in his Budget 2019 speech that the tax...

The Republic of Ireland is reportedly making good on its threats to double gambling taxes as the government attempts to balance its financial books. On Tuesday, the Irish Examiner reported that Ireland’s government would hike gambling taxes from their current rate of 1% of betting turnover to 2% when Finance Minister Paschal...

Fears about job losses in the betting industry have been on the rise after reports of doubling the betting tax in the Budget. Irish Bookmakers have been concerned as betting tax could increase from 1% to 2% in the Budget next month....

Irish bookies have called for an independent regulator to be set up to investigate issues of problem gambling in Ireland and are urging for this to be done as soon as reasonably possible. The Irish Bookmakers Association (IBA) are the ones speaking out about the issue; they want the...

Ireland’s stalled plan to tax online gambling has been sent to the president to be signed into law, finance minister Michael Noonan said on Thursday, clearing the way to begin imposing the levy on bookmakers this year. The new tax comes as Paddy Power and other major bookmakers such...

Ireland is to modernize its gambling laws, with changes designed to tackle the shortcomings of current legislation, which include the absence of a taxation regime for remote gambling. The plans, announced Alan Shatter, Minister for Justice, Equality and Defence, have been agreed by the government, but detailed arrangements for...