Sports to Benefit From Irish Online Gambling Tax

Tuesday January 28,2014 : SPORTS BODIES TO BENEFIT FROM IRISH ONLINE GAMBLING TAX, SAYS MINISTER
 
Varadkar wants to widen the distribution of tax monies.
 
Ireland's minister for sport, Leo Varadkar, told the Irish Independent newspaper Monday that sports bodies should benefit from any increase in the betting tax, which is currently being extended to embrace online betting .
 
At present, one per cent of the tax intake, worth Euro 27 million in 2012, is earmarked for the Horse and Greyhound fund, the newspaper reports.
 
However, sports bodies such as Football Association Ireland have lobbied for the proceeds to be extended to other sports, and the minister said that he was supportive of that concept.