Posts Tagged budget
Snooze to lose
Posted by Peter Webb in Bet Angel on March 24th, 2011
I quite like novelty bets as they are difficult to price, but I missed this one yesterday. In hindsight an opportunity missed!
http://www.guardian.co.uk/politics/
Ken Clarke netted a punter a decent return at 16/1 by officially / unofficially falling asleep during the budget speech yesterday. Some of these other more esoteric bets didn’t come in.
Online betting tax imposed
Posted by Peter Webb in Bet Angel on December 8th, 2010
Stark headline for a lot in this sector, but in the latest austerity budget in Ireland there were proposals to level out the playing field by introducing a new tax on phone and Internet gambling. As always, details are a bit sketchy at the moment but shops have been taxed for sometime but other channels not, so this is addressing that discrepancy.
Quite how it will work and be enforced is difficult to see at the moment, but it will be an interesting move to watch. It’s really difficult to now how it will affect exchange users, but the Irish government have confirmed the application of this to exchange users will be different to other forms of gambling. Let’s watch how it unfolds.
Existing Irish bookmakers were very guarded in their response.
Budget hit for gamblers
Posted by Peter Webb in Bet Angel on April 23rd, 2009
Bingo club owners amongst other operates in the UK were miffed yesterday when the budget lumped more tax on an already highly taxed sector. It’s likely the net tax increase was put in the budget because most of the electorate will not be directly aware of the increases.
Full story here: -