BOOKMAKER Paddy Power has urged the Government to scrap plans to impose jackpot limits on online casino games because it will push this form of gambling underground.
Minister of State James Browne’s new Gambling Regulation Bill, due to become law next month, has caused widespread upset within the industry.
New measures include a ban on advertising during the day, the establishment of a social-impact fund to support problem gambling initiatives, and the creation of the country’s first gambling regulator with sweeping powers in the sector.
Paddy Power’s parent group – Flutter UKI – has called for regulation in Ireland and backs the vast majority of the Bill.
But it has warned the Government that imposing a €3,000 limit on games such as roulette, slots and poker, as well as limiting advertising and restricting promotions could hit …