Gambling giant’s warning, RTÉ’s win and the firms Instagramming their way to success

Business Today: the best news, analysis and comment from The Irish Times business desk


Plans to regulate gambling in the Republic should not “legislate horse racing out of existence” the chairman of Ladbrokes owner Entain has warned as the battle between Government and the industry hots up. Barry O’Halloran has the story.

RTÉ has been cleared of liability in a €300,000 claim for discrimination over its handling of a sexual harassment complaint against a night-shift radio news anchor by his younger colleague. Stephen Bourke was at the hearing in the Workplace Relations Commission.

Fingal County Council has hit back at the operator of Dublin Airport in a planning row over the proposed extension to the Customs and Border Protection (CBP) facility for US-bound passengers at the airport. Gordon Deegan has the story.

Dublin’s High Court has cleared the way for Amgen’s $27.8 billion (€26.4 billion) takeover of Irish-based rare disease specialists Horizon Therapeutics. Ellen O’Riordan was in court.

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In Agenda, Ellen O’Regan travels the length of the country and shows the small businesses that are using social media to drive their success.

Ellen also reports on a new report from the Nevin Economic Research Institute showing the current pace of employment growth is “unsustainable”, and the economic outlook for the next year is likely to be more muted as Budget 2024 nears.

The founders of Dungarvan Brewing Company have sold the Co Waterford craft beer company for an undisclosed sum after an “incredible” 13 years in operation, it has announced. Laura Slattery reports.

Laura also reports that the Central Bank has warned investment firms and credit institutions involved in securities markets activity have failed to adequately monitor how staff communicate while working from home, raising the risk of market abuse.

The High Court has indicated it will not approve a survival scheme for construction company MAC Interiors Limited, which has been under examinership. Aodhan O’Faolain reports that Revenue, which is owed over €13 million in warehoused taxes, opposed the application on legal grounds.

The Irish arm of Monster Energy-branded drinks last year saw sales grow by 40 per cent to €196.39 million. Gordon has the accounts.

Property agent Savills Ireland has called on the Government to temporarily reduce the VAT rate for construction and also to increase the threshold on the help-to-buy scheme as part of a package of measures to help ease the housing crisis. Laura has the details.

In his column, John FitzGerald warns on the pitfalls of trying to protect struggling firms at any price in the face of more nimble, cheaper competition from abroad.

Cliste chief executive Sean O’Driscoll is one of the most powerful figures in the Irish hospitality industry, he sat down with Ciaran Hancock.

In Any Other Business, John Burns reports on how the accommodation shortage in Dublin hit tourist numbers at attractions throughout the city, and X (formerly Twitter)’s response to a demand from Coimisuin na Mean to detail its steps to take down a video of an assault.

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