Tag Archives: Horse Racing Ireland
- Horse Racing Ireland push for betting tax hikes; punter will pay
August 8, 2017
Horse Racing Ireland is proposing that the Minister of Finance increase betting tax from 1% to 2.5%, and exchange commissions from 15% to 37.5% and the punter will pay. Irish punters should be preparing for an increase in betting tax, after a petition submitted to the Irish Department of Finance...
- UK gov’t confirms new 10% race betting levy
January 14, 2017
The UK government has confirmed that betting operators will be required to kick back 10% of their race betting revenue to the UK racing industry effective April 2017. On Friday, Minister for Sports, Tourism and Heritage Tracey Crouch confirmed the new 10% rate will apply to all betting operators, be...
- Irish racing struggles in H1, but much of its troubles are self-made
July 18, 2012
Horse Racing Ireland (HRI) published a grim summary of the Emerald Isle’s racing business through the first six months of 2012. Turnover at on-course bookies came in at a paltry €39.7m, a 19% drop from the previous year and a 52% decline since the heady days of 2007. Turnover with...
- Tote bidders final field set; HRI CEO earns big bonuses
December 15, 2010
Now that the UK Tote's suitors have all declared their intentions, The Independent has taken a comprehensive look at the field to determine who’s likely to emerge with the bit between his teeth. The current bookmakers’ favorite are Northern Racing’s Reuben Brothers at 7-2, followed closely by Sportech (4-1), then...
- Accountants KPMG tell Irish bookies to stop using their data
November 17, 2010
No matter what country you’re talking about, when it comes to the battle over horse racing levies, there’s zero love lost between bookies and the folks with horse shit on their Wellies. The latest row kicked off in Ireland when the Irish Bookmakers Association (IBA) made the claim that Horse...
- Irish racing and government in dire straits
March 7, 2010
We all know the Irish love a good scrap. They've had problems with the English, problems with the French and now they've got problems with their own - again. Horse Racing Ireland is demanding handouts from the bookmakers, the betting firms are threatening to feck off abroad and the government...