Niall Collins (Limerick, Fianna Fail)
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I have two questions for Mr. Murphy. Last week I asked a question about uncollected winnings. I am anxious to tease out that aspect as well as deposits held, which probably relates to online gambling. Some of the small print was brought to my attention during the week. One of the bookmaking organisations states that the account is not a bank account and is therefore not insured, guaranteed or otherwise protected by any deposit or banking insurance scheme. If individuals have online accounts, it appears those moneys are not insured and if the company folds there is no compensation arrangement in place. Will Mr. Murphy elaborate on that?