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
Pearse Doherty (Donegal South West, Sinn Fein)
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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.