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

7:05 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Exactly. We have lost a huge amount of money due to this provision. The exchanges set the odds across the industry in Ireland, they are massive and have not paid their tax. I do not understand why they are exempt from paying VAT. They also do not pay betting duty. If betting exchanges are in competition with bookmakers then they should pay betting duties.