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Irish Online Gambling Tax Delayed
December 17, 2012 : IRISH ONLINE GAMBLING TAX DELAYED
More pressing matters occupy the Irish parliament, and new tax laws are unlikely to emerge until mid-2013
The Irish media are reporting that parliamentary pressures related to the overall economic situation have pushed proposed online gambling taxation proposals drafted this year to the back burner, with experts predicting that it will be the second half of 2013 before further action takes place.
The country's sixth contentious austerity plan has dominated parliamentary debate and the public interest, delaying other legislative proposals.
The new betting law proposes the regulation of online gambling and a more liberal approach to land gambling, with provision for regulatory structures and taxation on both domestic and offshore online gambling operators accessing Irish punters. The tax revenues are expected to initially reach Euro 20 million a year.
A controversial element in the draft is the proposal that the lottery and gaming sectors have different regulators, and this will almost certainly generate debate among lawmakers.
Bureaucratic delays can also be expected, with EU law requiring that the proposed betting bill be vetted by the European Commission to ensure that it is fair and compliant with EU Treaty requirements.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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