Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Betting (Amendment) Bill 2013: Committee Stage

6:25 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I agree with Deputy Michael McGrath. One is looking at, say, a 15 % return on €250,000 which would not really sustain a business. It might sound like much money in marginal terms but it is actually not an awful lot. For a small independent betting shop with no significant online base, accepting such bets is usually with individual customers who they know will not be overexposed. I suggest the threshold should be raised. Will the Minister examine it for Report Stage?

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