Seanad debates

Wednesday, 11 February 2015

Betting (Amendment) Bill 2013: Committee Stage

 

1:20 pm

Photo of Caít KeaneCaít Keane (Fine Gael) | Oireachtas source

As the Leader has said, I am trying to avoid being told, while debating the gambling control Bill, that I should have raised the matter here. I refer to online gambling and the huge money being generated therefrom that is not being taxed or having duty taken from it at present. I am trying to make the point that €25 million is raised annually on online betting and Members must ensure the online sector is treated in exactly the same way in terms of regulations, licensing etc. I acknowledge that horseracing is a great industry in Ireland that employs perhaps 22,000 people, raises a lot of money and is to be commended. While money should go to the horseracing and greyhound industries, I have raised this point in the Chamber previously. Some of the new money coming on-stream from online gambling should be diverted towards other sports and facilities, as well as to health, education about gambling addiction as advocated by Senator Craughwell, and prevention. While I acknowledge Members are not debating the disease of gambling today, regulation is important.

I turn now to the betting exchanges that came on stream five or six years ago, that is, wholesale betting operators operating as exchanges in Ireland, albeit on a server or wherever outside the country. Betfair is one such exchange and there is no tax involved. The technology is changing all the time but when we are aware of it, we should be in a position to state that legislation is in place that can be implemented for bookmakers who can set up those betting exchanges immediately without any regulation. It is unfair to those bookmakers who are legitimately present in this country if such organisations can act as bookmakers and lay bets on the betting exchange. It could be next door to the premises of a bookmaker that is paying tax, is being regulated and so on but the exchange is operating without any deduction of duty on those activities. It places the traditional forms of gambling at a significant disadvantage when one has that type of operation. Regardless of where it is introduced, be it in the gambling control Bill or this Bill, I wish to lay down markers that some sports people also have raised, In addition to aiding good industries such as horseracing, there should also be an educational elbow in respect of the tax, as well as funds for other sports like the GAA and for women's sports, which are not funded from any source or which are the poor relation. I take this opportunity to raise these points now.

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