888poker
New poker experience at 888poker

Join now to get $88 FREE (no deposit needed)

Join now
PokerStars
Double your first deposit up to $400

New players can use bonus code 'STARS400'

Join now
partypoker
partypoker Cashback

Get up to 40% back every week!

Join now
Unibet
€200 progressive bonus

+ a FREE Unibet Open Qualifier ticket

Join now

Irish Gambling Regulation Delayed

  • Brian HurstBrian Hurst
Irish Gambling Regulation Delayed 0001

Online and live gambling in Ireland will remain unchanged for the time being, due to fears about the country’s economy. The 180-page Betting Bill of 2012 failed to reach the Irish parliament, though it is thought Parliament will consider the bill in the latter part of 2013.

The aim of the Betting Bill of 2012 is to set out the full legal framework for the regulation of the online gambling industry. This will not only protect Irish customers, but will also create an additional source of revenue for the Irish government who are in the process of revealing their sixth consecutive austerity budget.

The bill, which has yet to be approved by the European Union, will – as mentioned – protect Irish customers via a number of new regulations, but will also see offshore betting exchanges (such as Betfair) having to pay a 1% levy and other offshore gambling companies will also be taxed at a rate of 15% on their gross profit. These charges for offshore companies should level the playing field for companies such as PaddyPower who chose to run their operations from Ireland.

PokerNews brought you news of this Betting Bill back in July, when we informed our readers that the bill had been announced and some reactions to it. Now it seems Irish punters will have to wait even longer for any changes to the gambling industry to be made.

Join paddypowerpoker today and help yourself to a 200% match up to $2,000 first deposit bonus. Download paddypowerpoker via PokerNews and the bonus will be all yours!

Get all the latest PokerNews updates on your social media outlets. Follow us on Twitter and like us on Facebook now!

More Stories

Other Stories

What do you think?