Betting tax rise under consideration for budget

Equine industry backs idea, but bookies don’t

17th September, 2017
Leopardstown Racecourse in Dublin, a favourite of punters Picture: Inpho

A betting tax rise is under consideration in the budget, according to Minister for Agriculture Michael Creed.

The horse racing industry has been lobbying for the betting duty to rise from 1 per cent to 2.5 per cent, so that state funding for the sector can be guaranteed each year.

But the move is being opposed by bookmakers such as Paddy Power Betfair and the Irish Bookmakers Association who argue that it will lead to job losses...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Proposal for expert panel to review capital projects over €100m

State body to reissue €28m office supplies contract

Sinn Féin open to coalition deal, but on condition of border poll

Fine Gael ‘will go to war’ if Bailey runs as independent