27
Sat, Jul

Ireland Starts Gambling Regulation Process

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As part of a decision taken last year by the Irish government to liberalize the country’s gambling industry, authorities have started the process of regulating and licensing casino clubs around Ireland.

Data is being collected, standards are being set and demands are being made on casino clubs to adhere to the new laws. The government has warned that not all clubs will be able to meet these standards. “In reality, by virtue of introducing legislation, it is likely that some venues may have to close down due to an inability to meet the conditions and standards expected in a regulatory environment,” said a government spokesman.

In the meantime, the Irish government is also eyeing the online casino industry to see how it can be incorporated into the new liberal market. According to some estimates, online casinos could generate nearly 280 million Euro for the country and it is definitely worth considering how to legalize this genre of gambling too.