Ireland Notifies European Commission of 1 Percent Levy for Gambling Social Impact Fund
Summary
Ireland has notified the European Commission of a plan to implement a Social Impact Fund under the Gambling Regulation Act 2024. Licensed gambling operators must contribute 1 percent of annual turnover starting April 1, 2027, with payments due to the Gambling Regulatory Authority of Ireland (GRAI) by July 1 each year. The funds will support gambling harm prevention, education, and treatment. The contribution rate was set jointly by the Department of Justice, Home Affairs and Migration and the GRAI. Online gambling turnover includes all amounts paid to operators for betting and gaming services. The levy follows a similar mandatory levy introduced in the United Kingdom in April 2025. The government is also considering tax increases and further advertising restrictions as part of the same reform package. Operators must update financial models and reporting systems well before the 2027 deadline to ensure compliance and operational stability.
(Source:Sccg Management)