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Irish Whisper
12 Oct 16 20:22
Joined:
Date Joined: 22 Aug 02
| Topic/replies: 123 | Blogger: Irish Whisper's blog
This article on the issue of bookmakers restricting bets and the wider implications of it may be of interest to you.

http://www.thoroughbreddailynews.com/bookmakers-costing-irish-exchequer-millions-by-refusing-bets/
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Report cloone river October 12, 2016 9:15 PM BST
Good read.Not sure will anything be done about it.
Report workrider October 12, 2016 9:27 PM BST
I have been saying the same thing for years now ,they have to pay tax on racing bets ,therefore it effects their profits , cartoon racing football etc they pay NO tax . Thats been the way for years, so in effect the people who run racing are too blame for its dwidling returns to the sport , the books have taken over and we'll find it hard to get them to release their tight grip ,all this has happened with the help of those alledegly looking out for our sport...
Report ThunderRoad October 12, 2016 10:05 PM BST
Good to see you back posting on here, Kevin.
Report pa lapsy October 13, 2016 10:42 AM BST
Ask anyone about the biggest restrictor of bets and the reply almost universally will be betfair sportsbook.
It is nothing or pence  what i can see for the vast majority.
Their "rep" has "free" media coverage when in fact the offer/price is not really there at all.

A proactive and positive approach from Austrailia in addressing the issue.
Report dj876 October 13, 2016 10:50 PM BST
A futile exercise comparing the Australian gambling industry to its equivalent here.

The historical structures of the industries are diametrically opposing and there are perspicuous reasons why legislation (by the Australians) would be brought in there that off course books would find uncongenial such as minimum stake limits.

There is a vast contrast in locations that have historically been associated predominately with tote/tab betting and legislation will be brought in these areas to combat potential competition.

It's extremely one dimensional to elucidate to the cost of the exchequer by exclusively examining turnover tax whilst ignoring any possible negative implications on a variety of alternative taxes such as corporation tax/PRSI etc.

I don't doubt the author's intentions are laudable but I don't think targeting educated insiders will gain any significant traction.

Joe Public needs to be made aware of the manipulative and ruthless practices that these books are consistently engaged in before any progress will ever be made.

However this is currently a forlorn hope when one considers the free advertising given to the leading operators here when the public service broadcaster continues to grant them free advertising to them by quoting their poll predictions.
Report brain dead jockeys October 13, 2016 11:18 PM BST
the neverending if only we were like japan/hk/usa/france/aus and had originally a more or less tote monopoly we would not have these conversations every week.........irish tax payer funds the whole thing creating a totally bloated industry where coolmore/ballydoyle make literally billions and the Nh guys have lots of partys namely, festivals at xmas, punchestown, galway etc...........if only the irish taxpayer understood whats going on.
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