Government holds off on tax hike

Efforts by Irish bookmaking companies and associations to convince the government that moves to double gambling tax would endanger employment prospects and businesses in the sector were successful this week as the government relented.

In a surprise eleventh-hour U-turn the government decided to leave the betting turnover tax at 1 percent.

The Finance Bill containing the tax provisions is going through the Irish Parliament committee stage, where various amendments can be made. The government originally intended that the turnover tax increase would take effect from the beginning of May 2009, but it has been put on hold.

Sharon Byrne, a spokesperson for the Irish Bookmaking Association, said: “This is very good news and we can breathe again."

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results