Gambling Regulation Bill, which proposes limits on certain bets and winnings, was back before the Seanad this week
The Irish racing industry has raised concerns that elements of forthcoming gambling regulations could damage the sport. File photograph: PA
The Gambling Regulation Bill went back before the Seanad this week. The legislation includes stake and win limits on some forms of betting, as well as a broad restriction on gambling advertising before the 9pm TV watershed. He argued that this trend was emerging in the UK which is introducing tougher restrictions on punters. “I’ve seen reports from the UK in the last two weeks that it is rampant there,” Mr Fitzpatrick said. He added that the similarities in both markets meant the Republic often followed suit.Budget 2025 will cost €10bn and make you roughly €1,000 richer.
Restrictions proposed by the law include limits on bets at blackjack and roulette and lotteries to €10 and winnings to €3,000. The law also bans all gambling advertising between 5:30am and 9pm. This includes specialist channels such as Racing TV, which covers all Irish horse racing, and is a subscription-only service limited to over 18s.
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