Betting (Amendment) Bill 2013 sent to the President to be signed into law
The Betting (Amendment) Bill 2013 cleared its final hurdle today when the Minister for Finance Michael Noonan T.D. reported Seanad amendments back to the Dáil. The Bill will now be referred to the President for signature.
“I welcome the cross party support for the Bill in both Houses of the Oireachtas and would like to thank members for their positive contributions throughout the debates. The Betting Amendment Bill is just a first step in providing for a well regulated betting and gambling regime. This Bill will allow for the regulation of those providing betting services by remote means to persons within the jurisdiction for the first time. This is a major step in the right direction. The implementation of the regulatory regime for remote operators will also allow for the extension of betting duty to these companies.
Preparations are now being put in place to commence the licensing provisions of the Bill. A period of time is required to allow remote operators to apply for and be granted a licence to provide betting services in the jurisdiction before the commencement of the tax provisions already provided for in the Finance Act 2011 and the collection of betting duties from the remote sector”.
5th March 2015
Ends
