By The Weekly Edge desk ·
Ireland’s government assessed gambling as presenting low financial crime risk, SBC News reported. The assessment excluded online bookmakers and members’ clubs from that low-risk classification.
Online bookmakers and members’ clubs fall outside the reported low-risk classification.
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The proposed negotiating document excludes an EU-wide online gambling tax from the draft budget negotiations.
Existing Irish gaming licensees should keep renewing licences, while new applicants should continue with Revenue during GRAI’s transition.
Horse racing stakeholders are engaging Irish ministers to oppose a potential EU-wide gambling tax.
Betting operators retain Ireland’s 2% tax rate, while horse racing receives increased state funding in 2027.
GRAI’s funding constraints delay online operator licensing and limit enforcement against overseas operators serving Irish customers.