Betting (Amendment) Bill 2013
The amendments for the Finance bill 2014 have been published, and include an amendment to allow for Irish betting shops to open after 6.30pm during Autumn and Winter months, and to also allow for Easter Sunday opening. The amendments will go before the committee on November 17th and 18th, and if it goes through without objection, Irish betting shops will be able to open from January 1st 2015.
This is a major boost for retail betting operators, for the part-time staff that were let go every Septebmer and for the exchequer. It is one small step to assist betting shops, who are employing over 6000 people, to compete with online operators, who have drastically changed the betting landscape in Ireland. The number of betting shops in Ireland has dropped from 1365 in 2008, to 970 in 2014. Most of these being Independent operators, and each employing approx 5 people.
The amendments can be viewed by clicking here.
The betting amendment bill itself is still on hold, as there were further issues raised by member states. This means it goes into a further standstill period of 2 months. At the end of these 2 months (mid Jan15), the bill must proceed or be altered if requested by Europe. This means remote betting operators can continue to bet 24/7 with Irish customers and pay no betting tax, putting retail operators at a severe disadvantage, and reducing the amount of tax the exchequer could be collecting.
Click here to download our Betting Amendment bill briefing document
Our members welcome the publication of the long awaited Gambling Bill
"Gambling Control Bill 2013"
The Gambling Control act was published on July 15th 2013. It is to repeal the 1931 Betting act, and 1956 Gaming and Lotteries Act. It is combining both of these acts in the new Gambling Control Act to regulate the entire gambling industry in Ireland. A lot of work has been done by the department on creating a bill to regulate the entire sector, and we look forward to working with them on its implementation
The bill has been scheduled for publication in Mid 2015
Read more about the Gambling bill which will regulate the entire industry ranging from betting shops, arcades, and casinos to online betting sites and exchanges. Click here.....