Ireland began hosting online casinos and lotteries in 2003. The first online bookmaking sites were launched in 2004. Ireland's bookmakers operate Internet-based services under the terms of their bookmaking licenses. The National Lottery may be played via digital TV, phone, and Internet. Gambling winnings in Ireland are tax-free but a 2% tax is collected on sports bets.
In March 2009, the National Lottery began offering instant win and draw games online.
Ireland’s Betting (Amendment) Bill 2012 has been published and will amend the existing Betting Act, 1931. The Bill stipulates that any bookmaker accepting bets from Irish residents will need to obtain an Irish betting license. Bookmakers accepting online bets who are based inside or outside Ireland and take in more than €200k or 10% of their total turnover online are required to obtain a “remote bookmakers” license. Betting Exchanges will be required to get a “remote betting intermediary’s license.” New licenses and license renewal fees will cost €5k respectively. Unlicensed bookmakers can face criminal charges with fines up to €150k for a first offense or €250k for subsequent offenses and/or prison sentences up to five years. The bill is making its way through the Irish parliament and will not come up for discussion until the new year, 2013, and it must also be sent to Brussels for European Commission approval, adding more time to the process. As outlined in the 2011 Finance Act, which has not yet commenced as well, online bets from Irish punters will be subject to a 1% betting duty and betting exchanges will pay a 15% "betting intermediary duty" based on the commissions earned from peer-to-peer wagers.
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Ireland Ministry of Finance
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Ireland Jurisdiction News
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