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IRISH ONLINE GAMBLING TAX LAWS DUE THIS WEEK
Monday July 16 2012 : IRISH ONLINE GAMBLING TAX LAWS DUE THIS WEEK
Minister 'confident' on European Commission approval
The slow-moving Irish government's tax proposals for remote gambling companies accessing the Irish market have been in legal drafting for some time but are now due for publication this week, according to the Sunday Business Post.
Just how the government proposes to collect the tax on an industry that is for the most part based offshore will be studied with interest by the industry.
The proposals, which have been widely discussed this year, centre on a one percent tax on turnover, and a 15 percent tax on betting exchange commissions.
The Post reports that cabinet minister Simon Coveney is confident that the draft law will receive the approval of the European Commission, clearing the way for implementation early in 2013.
In related news, the British government's long-running Culture, Media and Sport Committee's consultation and study report on the internet gambling business is also due for publication this week.
The committee has consulted widely on its remit, which includes:
How effective the Gambling Act has been in
Ensuring that gambling is maintained crime-free and conducted in an open and fair manner,
Protecting children and vulnerable people from the adverse effects of gambling,
Updating the legislative framework with regards to online gambling, with particular emphasis on where gambling legally takes place (ie the 'point of consumption'.
The financial impact of the Gambling Act on the UK gambling industry;
The effectiveness of the Gambling Commission since its establishment, and whether it represents good value for money;
The impact of the proliferation of off-shore online gambling operators on the UK gambling sector and what effect the Act has had on this;
Why the Act has not resulted in any new licences for casinos or “super” casinos;
The effectiveness of the classification and regulation of gaming machines under the Act;
What impact the Act has had on levels of problem gambling.
The politicians don't intend to implement new laws and tax on internet gambling until 2014.
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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
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The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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