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Online Casino Tax will not work

By admin on 2010-05-31 11:42:10

Earlier this month we reported in our Irish casino news section that Taoiseach Brian Cowen planned to bring online casinos  and telephone betting into the tax regime to help fund Irish horse and greyhound racing by forcing overseas casino operators who currently pay no tax to acquire a license. According to Irish casino operators however the plans are flawed and doomed to failure. Paddy Power casino, the largest of the Irish online casino operators  might think it is a good idea in principle, especially as they are a taxpayer, but there is no legislation in place that prevents Irish gamblers from registering with any online casino they wish and placing deposits whether that online casino has a license in the country or not. The Irish Government may conceivably be able to stop overseas online casino operators from advertising which may hurt some of the smaller lesser known online casinos but any of the larger casinos that as those we recommend on this Irish online casino site have many other ways in which to advertise themselves. According to the MD of Ladbrokes Ireland, experience and history in other countries  points to the fact that deterrents such as blocking sites are ineffective so whilst taxing overseas online casinos might seem like a good idea and it might make a good story for Irish casino news,  Mr Cowen is going to have to think it through to make it work. In the meantime the news for Irish consumers is don’t worry, carry on as normal and enjoy your online casino experience whether you are playing at an Irish casino site or one registered overseas and anyway are you sure you really know where your online casino is registered?