How a rise in turnover tax will impact Ireland’s betting market

Alan Heuston, partner and head of the Betting & Gaming Group at Irish law firm McCann Fitzgerald, discusses the Irish government’s decision to raise the gambling tax from 1% to 2%

With the Irish Budget for 2019 set to be announced today, it is being rumoured that the Minister for Finance is once again considering the thorny subject of raising the rate of betting tax from 1% to 2%. Such a change would reportedly raise an estimated €50m per year for the Irish exchequer. However, there…

Ireland | Parliament | Regulation | Turnover Tax