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
6:35 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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An interesting conversation has been opened up because an impression was given that the levy on online gambling would be able to sustain the horse and greyhound fund. Whether we like it or not, even a 1% online levy will not make up the shortfall in the fund, which the Exchequer has supplemented each year through its revenues along with the 1% levy on high street bookies. Despite the impression that the horse and greyhound fund can become self-sufficient, the Minister says the revenue goes into the Exchequer and may end up anywhere. It is interesting, to say the least, because it is not the impression the industry or I have.