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Six minute video on YouTube.
Gamblers in Dublin shared their thoughts on what draws them to place bets on horse races, whether at the track or in the local bookies. Despite the drab surroundings, the betting shop offered affordable thrills and a break from daily routine. Small wagers added up to millions, and for many, the excitement outweighed the odds. Choosing a winning horse remained a matter of luck, instinct, or simply a name that stood out. Broadcast on 12 April 1977.
https://www.youtube.com/watch?v=F5f5zpz4MRs
Gamblers in Dublin shared their thoughts on what draws them to place bets on horse races, whether at the track or in the local bookies. Despite the drab surroundings, the betting shop offered affordable thrills and a break from daily routine. Small wagers added up to millions, and for many, the excitement outweighed the odds. Choosing a winning horse remained a matter of luck, instinct, or simply a name that stood out. Broadcast on 12 April 1977.
https://www.youtube.com/watch?v=F5f5zpz4MRs
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There are moments in that video where subtitles are absolutely necessary. And I'm Irish.
Cheltenham Gold Cup day if you look at the cards on the board - Summerville tipped in a daily, Lanzarote tipped somewhere else.
Lanzarote fatally injured falling at the ninth, bringing down the favourite Bannow Rambler.
Lanzarote fatally injured falling at the ninth, bringing down the favourite Bannow Rambler.
anyone else see the guy in the background getting asked for proof of income ?
next to the guy ramming his wages into the FOBT at £25 a spin ....
Little wonder that John Banks described LBO's as a licence to print money
Staffless betting shop of the future.
Colm Finlay is the Founder / Director of BetXS – a subsidiary of Orchadia Systems.
Colm Finlay is the Founder / Director of BetXS – a subsidiary of Orchadia Systems.
Loss of 200 shops and 1,000 jobs forecast in Ireland should proposed betting duty hike materialise
Hundreds of betting shops could close and 1,000 jobs lost if proposals to increase betting duty by 25 or 50 per cent are introduced, the Irish Bookmakers' Association (IBA) has warned.
The Tax Strategy Group (TSG), which is chaired by the department of finance, issued its pre-budget report on Thursday and explored the option of raising betting duty in Ireland to 2.5 per cent and three per cent from the current two per cent rate. Estimates suggest a duty increase by half a per cent could raise €26.5m in a full year, while a one per cent rise could amount to an extra €53m.
It also recommended increasing betting intermediary duty commission by five per cent, bringing the figure to 30 per cent, which would raise another €800,000.
While the TSG is not a decision-making body, its papers are to be considered as part of the budgetary process and this is the third year in succession it has presented the option of increasing the betting duty. The budget is due to be presented in October.
When the rate doubled in 2019, the IBA estimated that the hike resulted in 127 shop closures along with associated job losses and it believes another rise would have a similarly devastating impact on the industry.
There is also an added concern in that such a rise would come at a time when bookmakers are facing increased regulatory costs as a result of the Gambling Regulation Bill, which was enacted in October.
Sharon Byrne, chair of the IBA, said: "At a time when licensed operators are facing unprecedented financial and regulatory challenges alongside the decline in shop numbers and the growth of black-market operators, stability in taxation policy is essential.
"We firmly believe that increasing the betting duty now would be misguided, given the significant impact it would have on town centres and employment across communities in Ireland. Our own forecasts indicate that more than 200 betting shops could close, leading to a further loss of around 1,000 jobs."
The proposals also include raising the betting duty tax relief from €50,000 to €65,000 per firm in order to "benefit small independent retail bookmakers whose turnover is less than €2.5 million".
However, it also stated that (Ireland's tax authority) Revenue had expressed reservations surrounding the relief amount as "it would only benefit an extremely limited number of operators while adding to the state aid compliance challenge associated with the relief".
According to the IBA's data, Irish betting shop numbers have declined steeply since 2008, when 1,385 were in operation compared to the 721 open this month.
Byrne added: "Protecting employment, sustaining commercial contributions to local economies and ensuring the commercial viability of legitimate operators must remain central to government policy.
"Any further increase in betting tax risks accelerating shop closures, fuelling the illegal market and severely weakening the regulated betting sector’s important economic and fiscal role."
Given Ireland is one of the few jurisdictions to apply betting duty as a turnover-based tax with it chargeable on all bets placed by a person with a licensed bookmaker, the industry is extremely sensitive to changes.
In 2019 the rate was doubled from one to two per cent, causing receipts to almost double from €52.4m in 2018 to €95m the following year.
Last year receipts from betting duty totalled €141.2m, a marked increase on the 2023 figure of €102.7m, with retail betting accounting for €46.6m and online for €95.4m, an 86 per cent increase on the 2023 figure of €51.3m.
When the rate doubled in 2019, the IBA estimated that the hike resulted in 127 shop closures along with associated job losses and it believes another rise would have a similarly devastating impact on the industry.
There is also an added concern in that such a rise would come at a time when bookmakers are facing increased regulatory costs as a result of the Gambling Regulation Bill, which was enacted in October.
Sharon Byrne, chair of the IBA, said: "At a time when licensed operators are facing unprecedented financial and regulatory challenges alongside the decline in shop numbers and the growth of black-market operators, stability in taxation policy is essential.
"We firmly believe that increasing the betting duty now would be misguided, given the significant impact it would have on town centres and employment across communities in Ireland. Our own forecasts indicate that more than 200 betting shops could close, leading to a further loss of around 1,000 jobs."
The proposals also include raising the betting duty tax relief from €50,000 to €65,000 per firm in order to "benefit small independent retail bookmakers whose turnover is less than €2.5 million".
However, it also stated that (Ireland's tax authority) Revenue had expressed reservations surrounding the relief amount as "it would only benefit an extremely limited number of operators while adding to the state aid compliance challenge associated with the relief".
According to the IBA's data, Irish betting shop numbers have declined steeply since 2008, when 1,385 were in operation compared to the 721 open this month.
Byrne added: "Protecting employment, sustaining commercial contributions to local economies and ensuring the commercial viability of legitimate operators must remain central to government policy.
"Any further increase in betting tax risks accelerating shop closures, fuelling the illegal market and severely weakening the regulated betting sector’s important economic and fiscal role."
https://www.racingpost.com/news/ireland/loss-of-200-shops-and-1000-jobs-forecast-in-ireland-should-proposed-betting-duty-hike-materialise-a3FX04g9CdXR/
Hundreds of betting shops could close and 1,000 jobs lost if proposals to increase betting duty by 25 or 50 per cent are introduced, the Irish Bookmakers' Association (IBA) has warned.
The Tax Strategy Group (TSG), which is chaired by the department of finance, issued its pre-budget report on Thursday and explored the option of raising betting duty in Ireland to 2.5 per cent and three per cent from the current two per cent rate. Estimates suggest a duty increase by half a per cent could raise €26.5m in a full year, while a one per cent rise could amount to an extra €53m.
It also recommended increasing betting intermediary duty commission by five per cent, bringing the figure to 30 per cent, which would raise another €800,000.
While the TSG is not a decision-making body, its papers are to be considered as part of the budgetary process and this is the third year in succession it has presented the option of increasing the betting duty. The budget is due to be presented in October.
When the rate doubled in 2019, the IBA estimated that the hike resulted in 127 shop closures along with associated job losses and it believes another rise would have a similarly devastating impact on the industry.
There is also an added concern in that such a rise would come at a time when bookmakers are facing increased regulatory costs as a result of the Gambling Regulation Bill, which was enacted in October.
Sharon Byrne, chair of the IBA, said: "At a time when licensed operators are facing unprecedented financial and regulatory challenges alongside the decline in shop numbers and the growth of black-market operators, stability in taxation policy is essential.
"We firmly believe that increasing the betting duty now would be misguided, given the significant impact it would have on town centres and employment across communities in Ireland. Our own forecasts indicate that more than 200 betting shops could close, leading to a further loss of around 1,000 jobs."
The proposals also include raising the betting duty tax relief from €50,000 to €65,000 per firm in order to "benefit small independent retail bookmakers whose turnover is less than €2.5 million".
However, it also stated that (Ireland's tax authority) Revenue had expressed reservations surrounding the relief amount as "it would only benefit an extremely limited number of operators while adding to the state aid compliance challenge associated with the relief".
According to the IBA's data, Irish betting shop numbers have declined steeply since 2008, when 1,385 were in operation compared to the 721 open this month.
Byrne added: "Protecting employment, sustaining commercial contributions to local economies and ensuring the commercial viability of legitimate operators must remain central to government policy.
"Any further increase in betting tax risks accelerating shop closures, fuelling the illegal market and severely weakening the regulated betting sector’s important economic and fiscal role."
Given Ireland is one of the few jurisdictions to apply betting duty as a turnover-based tax with it chargeable on all bets placed by a person with a licensed bookmaker, the industry is extremely sensitive to changes.
In 2019 the rate was doubled from one to two per cent, causing receipts to almost double from €52.4m in 2018 to €95m the following year.
Last year receipts from betting duty totalled €141.2m, a marked increase on the 2023 figure of €102.7m, with retail betting accounting for €46.6m and online for €95.4m, an 86 per cent increase on the 2023 figure of €51.3m.
When the rate doubled in 2019, the IBA estimated that the hike resulted in 127 shop closures along with associated job losses and it believes another rise would have a similarly devastating impact on the industry.
There is also an added concern in that such a rise would come at a time when bookmakers are facing increased regulatory costs as a result of the Gambling Regulation Bill, which was enacted in October.
Sharon Byrne, chair of the IBA, said: "At a time when licensed operators are facing unprecedented financial and regulatory challenges alongside the decline in shop numbers and the growth of black-market operators, stability in taxation policy is essential.
"We firmly believe that increasing the betting duty now would be misguided, given the significant impact it would have on town centres and employment across communities in Ireland. Our own forecasts indicate that more than 200 betting shops could close, leading to a further loss of around 1,000 jobs."
The proposals also include raising the betting duty tax relief from €50,000 to €65,000 per firm in order to "benefit small independent retail bookmakers whose turnover is less than €2.5 million".
However, it also stated that (Ireland's tax authority) Revenue had expressed reservations surrounding the relief amount as "it would only benefit an extremely limited number of operators while adding to the state aid compliance challenge associated with the relief".
According to the IBA's data, Irish betting shop numbers have declined steeply since 2008, when 1,385 were in operation compared to the 721 open this month.
Byrne added: "Protecting employment, sustaining commercial contributions to local economies and ensuring the commercial viability of legitimate operators must remain central to government policy.
"Any further increase in betting tax risks accelerating shop closures, fuelling the illegal market and severely weakening the regulated betting sector’s important economic and fiscal role."
https://www.racingpost.com/news/ireland/loss-of-200-shops-and-1000-jobs-forecast-in-ireland-should-proposed-betting-duty-hike-materialise-a3FX04g9CdXR/
Firmly believe the future will see betting/gambling 'emporiums'
mostly automated slots, bingo, lotto, horse/greyhound/two flies crawling up a monitor outlets.
very few staff in attendance, Iris recognition access/permission to play linked to your Bank account/income/GP/ medical history records,
..before you can have a bet.
we, us on here may not witness it but it is coming.
mostly automated slots, bingo, lotto, horse/greyhound/two flies crawling up a monitor outlets.
very few staff in attendance, Iris recognition access/permission to play linked to your Bank account/income/GP/ medical history records,
..before you can have a bet.
we, us on here may not witness it but it is coming.
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