Tag: Ireland iGaming levy
Ireland debates iGaming levy
July 15, 2013
From iGaming Business Legislators in Ireland are currently debating controversial legislation that would see online bookmakers doing business in the country required to pay a 1% levy on turnover. The Betting Amendment Bill was introduced to Cabinet on Tuesday and contains a measure that would extend the existing duty on bets placed in land-based shops to online wagers in hopes of generating up to €17 million in tax. If the measure is approved by the Cabinet, it will then be published, go to the European Union Commission for approval, which is a process that could take up to three months,…