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Industries that can’t use Stripe, and products Stripe doesn’t support. The betting tax in Ireland has been broadened to cover remote and online casinos. However, on the advice of the Commission on Taxation, the tax hasn't been raised due to a lack of experience with a broader tax base. In Ireland, betting tax revenue has declined significantly over the years because the tax rate has been reduced over time. At one point in history, there was a 20% turnover. However, since then, it has been gradually reduced to 10%, then 5%, then 2% until they finally settled on 1%. The difference between the applicable tax has reduced evasion significantly. But this, combined with increased betting turnover, has failed to change the huge implications of these massive tax reductions. The flip side, of course, is that if you get a losing bet, you cannot offset those losses against other taxable gains under CGT rules in the same way that you could if you owned and sold a physical asset, such as a share, at a loss.