Irish Republican Party Could Present New Gambling Bill to Deal with Industry Problems

Irish Republican Party Could Present New Gambling Bill to Deal with Industry Problems

The Irish Republican Party Fianna Fáil could push plans for new pieces of legislation aimed at creating a national gambling control office that would be working on various issues associated with gambling and gambling-related harm. The national gambling control office is planned to work for reduction of problem gambling, restriction of gambling advertising and deal with alleged money-laundering in the sector. Reportedly, the new pieces of legislation could be officially introduced before Christmas. The party also intends to use its weekly meeting of TD (Teachta Dála) members and senators to…

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Sky Bet Insists No Gambling-Related Tax Increase Should Be Made in UK

Sky Bet Insists No Gambling-Related Tax Increase Should Be Made in UK

Sky Bet’s boss has tried to persuade Chancellor Philip Hammond not to increase gambling-related taxes in the upcoming Budget. According to the gambling operator’s Chief Executive Officer Richard Flint, such a step could restrain the company’s investment plans for its domestic markets. The commentary of Mr. Flint came at a time when Sky Betting & Gaming, the parent company of Sky Bet, revealed a 38% revenue increase to £516 million. The operator’s EBITDA (earnings before interest, taxes, depreciation and amortisation) also rose by 38% in comparison to the previous year,…

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