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Poker Business News From Europe

by Brendan Murray |  Published: Jun 02, 2009

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Irish Government Threatens Online Gambling Sites Irish Minister for Sport Martin Cullen has threatened to ban online poker and gambling in Ireland if bookmakers do not pay more money to the Exchequer for the Horse and Greyhound Racing Fund. The most recent figure passed by the government to be made available to the Fund is €68.128m — slightly down from the original estimate of €69.7m. However, the Minister said that government funding for the horse racing industry was drying up, and in the future, Irish bookmakers and offshore gamblers would have to foot the bill. He also suggested that more than €100 million could be created from a levy of 0.5 percent on Internet gambling. This, of course, has caused a mixed reaction with bookmakers and online poker operators such as Paddy Power, afraid that it will only lead to more unemployment. Everest Poker Revenue Slides Everest Poker’s full year ...


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