Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

slot machine image via Shutterstock

Government gets €765,000 a year from slot machines

Not from gambling themselves, we should add.

THERE ARE 1,672 licenced gaming machines in the country and some €765,160 in revenue to the State is generated from them each year.

The information was revealed by Finance Minister Michael Noonan this week, following a question from Fine Gael TD Anthony Lawlor.

Noonan said these figures refer to licences of up to one year and licences of up to three months, with the current rate for these machines set at €595 and €145 respectively.

As there is no set licensing year for gaming machines, the numbers relate only to machines licensed at close of business on 29 May and do not include recently expired licences which operators may be in the process of renewing, the minister added.

Lawlor had also asked about plans to increase the licence fee for slot machines to a comparable level as that in Northern Ireland.

“It is not possible to compare the licence fees applicable to gaming machines in the State with those applying in Northern Ireland as the licensing and duty arrangements differ between the two jurisdictions,” Noonan responded. “In particular, in Northern Ireland, the operator pays machine gaming duty which is chargeable on the total net takings from his or her dutiable gaming machines rather than a fixed per machine.”

Read: Ever wonder how likely you are to win on a scratch card?>

Read: Law will regulate Ireland’s ‘new and dynamic’ gambling sector>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
13 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds