Law will regulate Ireland’s ‘new and dynamic’ gambling sector

From The Journal – JUSTICE MINISTER ALAN Shatter has published details of the forthcoming Gambling Control Bill which aims to update and modernise Ireland’s gambling laws and allow for the introduction of a limited number of casinos in the State. The legislation will repeal and replace all existing arrangements for the regulation of betting, gaming, bingo and lotteries – except for the National Lottery – and will extend licensing to the booming online gambling industry. “This legislation has the twin objective of effectively regulating the new and dynamic gambling sector that has emerged in recent years, while also providing the opportunity to…

Ireland debates iGaming levy

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,…