Ireland’s pool betting sector is set for major change as the government prepares to double the pool betting duty from 1% to 2%, aligning it with existing taxes on retail and online betting.
Finance Minister Paschal Donohoe announced the increase during his 2026 budget address to the Dáil Éireann. However, the adjustment will take effect in 2027, giving time for consultation with industry stakeholders.
Market Expansion Under New Gambling Law
The change follows the enactment of the Irish Gambling Regulation Act in November 2024. This act aims to open the pool betting market to more operators.
Currently, Tote Ireland DAC handles horse racing bets, while Rásaíocht Con Éireann (RCÉ) oversees greyhound betting. Under the new framework, the Gambling Regulatory Authority of Ireland (GRAI) will license and supervise a broader range of pool betting operators. This marks a shift toward market liberalization.
Donohoe explained:
“The new Gambling Regulatory Authority will license and supervise the betting sector. Pool betting is restricted to just two entities now. However, under the new regime, a wide range of licensees may be authorised to participate.”
He added that the new pool betting duty aims to prevent operators from restructuring to avoid taxation.
“This will allow time for engagement between my Department and stakeholders on the duty’s design and structure,” he said.
Industry Concerns and Sector Impact
The horse racing industry is expected to push back against the proposed hike. Smaller tracks already face financial strain from rising costs and declining media rights income. Many rely heavily on annual bookmaker levies.
Stakeholders including Horse Racing Ireland (HRI), Tote Ireland, and Irish Greyhounds have urged the government to maintain control over industry funding. They warn that additional taxes could harm the sport’s long-term stability.
GRAI’s Next Steps
Since its launch in March 2025, the GRAI has been consulting with prospective operators. It is also publishing licensing guidelines for both B2C and B2B companies. It plans to open licence applications in the second half of 2026. The fully regulated market is set to go live later that year.
Until then, the GRAI advises businesses to comply with existing legislation. Operators can still renew or apply for licences through the Revenue Commissioners under the Betting Act 1931 and the Gaming and Lotteries Act 1956.
The authority also confirmed that lottery permits and licences will continue to be handled by the District Courts and An Garda Síochána until new procedures are finalized.
