Minister for Finance Paschal Donohoe doubled betting tax this year to 2 per cent of turnover. Photograph: Clodagh Kilcoyne/Reuters

The Government is considering cutting betting duty by allowing bookies a tax-free turnover of €2.5 million a year in a move aimed at aiding smaller pl(...)

 A report commissioned by the Irish Bookmakers Association says the 2 per cent duty would place 400 low-turnover shops at risk, with a negative exchequer impact of €35 million. Photograph: Eric Luke/The Irish Times

These are difficult times for bookmakers on both sides of the Irish Sea. In October, Minister for Finance Paschal Donohoe doubled the betting duty to (...)

Irish Bookmakers Association  chief executive Sharon Byrne predicted the betting tax increase will close 300 shops with the loss of 1,500 jobs.  Photograph: James Crombie/Inpho

Irish racing will benefit by an extra €3.2 million after Tuesday’s budget, taking its allocation under the Horse & Greyhound Fund to €67.2 million(...)

About  140,000 racegoers are expected to converge on Galway to wager €13 million between the betting ring and tote.  Photograph:  Niall Carson/PA Wire

The Government is weighing an increase in betting tax that horseracing and breeding groups suggest could be passed to punters. The news comes as an e(...)

The Irish Bookmakers Association says calls for increasing betting tax only take into account turnover, not profit.

The chair of the Irish Bookmakers Association, Sharon Byrne, says calls for a doubling of the betting tax will result in the closure of betting shops (...)

  Irish punters are expected to place over €100 million worth of bets during the Cheltenham festival this week  Photograph: Dan Sheridan/Inpho

Irish punters are expected to place over €100 million worth of bets during the Cheltenham festival this week, but already, according to some punters,(...)