Gambling

Irish bookmakers warn of ‘grave’ threat to survival and thousands of job losses over 2% betting levy

Irish Betting Association said 2 per cent rate of tax on bookies’ turnover had left many independent bookmakers unviable, resulting in 60 shop closures and costing 360 jobs

The IBA represents Paddy Power and Betfair-owner Flutter Entertainment, Boylesports and Ladbrokes

Ireland’s gambling shops are at a “critical juncture for survival” and many will have to stop trading if the government implements a proposed increase to the 2 per cent betting levy, an industry group has warned.

The Irish Betting Association (IBA) – which represents Paddy Power and Betfair-owner Flutter Entertainment, Boylesports and Ladbrokes – has pleaded with the government not to increase the betting levy further after it was doubled from 1 to 2 per ...