The Irish retail betting sector must close during Level 5 restrictions, as it is a non-essential retail service.
We urge all IBA members to abide by the Government restrictions and keep their shops closed during Level 5, to keep their staff and customers safe.
As Ireland is now on Level 3 of the Living with Covid-19 plan, we have updated our SOP to reflect the latest C19 measures that have …..
The Irish Bookmakers Association, which represents the majority of betting shops in Ireland, has confirmed that in line with Government advices, their members will now begin to re-open from Monday, June 8th After an Industry meeting on June 5th, it was agreed that in line with the latest advices from NPHET and Government, betting shops …
During the Finance Bill 2016 debate in the Oireachtas, Minister of State Eoghan Murphy gave a commitment that betting duty would be examined as part of the Tax Strategy Group process in 2017. This reviews the roll out of the betting regime to remote bookmakers and betting exchanges in 2015, as well as looking at the likely impact of an increase …
A Norfolk man trading as ‘Billie the Bookmaker’ has been sentenced to 12 months
The Irish retail betting sector has been in steep decline since 2008. Apart from market contraction caused by recession, a 1% betting tax is causing severe difficulties. Independent bookmakers, many of whom are in business for over 30 years, are a sector of the industry that has been abandoned. From a high of 1365 betting …
Minister Joan Burton attended the launch of a report she had commissioned into the Impact of Gambling on Individuals and Society in Ireland on July 15th 2015. The IBA welcomes its publication. It recommends as we do that legislation should be updated and further research commissioned in this area. It also recommmends that a National …
Ladbrokes are a very significant employer and contributor to the Irish Exchequer, and have today announced that they have successfully applied to the High Court in Dublin to seek the appointment of an interim examiner and to be provided with the protection of the court under the examinership procedure for their Irish retail operation. It …
Evening and Easter Sunday opening contained in amendment to Finance bill, Betting Amendment bill no longer delayed Betting (Amendment) Bill 2013 The amendments for the Finance bill 2014 have been published and enacted, which means Irish betting shops can open after 6.30pm during Autumn and Winter months, and also on Easter Sunday. This is a …
Evening and Easter Sunday opening GRANTED in amendment to Finance Bill Read More »
As an illustrative example, an average licensed betting office makes the following contribution in taxation to the national exchequer and the local authority in which it is located: Turnover €2,000,000 Gross Profit (@11%)€220,000 Betting Tax (@ 1%) €20,000 Gross Profit €200,000 Average Costs €170,000 Taxes (VAT, PAYE/PRSI, other) €46,607 Net Profit €6,250 If additional 1% …
