Written answers

Wednesday, 20 April 2016

Department of Finance

Betting Regulations

Photo of Jackie CahillJackie Cahill (Tipperary, Fianna Fail)
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109. To ask the Minister for Finance if he will revisit the decision to impose a 1% levy on track bookmakers who have a remote licence; if he will consider spreading the burden more evenly over the industry, particularly to online betting; and if he will make a statement on the matter. [7702/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Licensed bookmakers and remote bookmakers are liable to 1% betting duty on the value of all bets accepted in a registered bookmaking premises and on the value of all bets accepted by internet, phone or other electronic means from persons in the State. 

Betting duty is not charged on bets accepted on-course by a licensed bookmaker at an authorised racecourse during race meetings. However, where bets are entered into by the on-course bookmaker by any means of telecommunications, these bets are liable to betting duty at 1% of the value of the bet.

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