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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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