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Aim of Gambling Efforts

A new control board has been established in Ireland as the group that will act as the nation’s gambling commission basically. The control board has been set up by the current government to handle all of the licensing and registration process as the government makes a move toward a more liberalized and controlled gambling market in the country. The new moves will greatly affect the land gambling clubs that have been operating mini-casinos illegally throughout the state. And for the online casinos? The fate is largely unknown at this point as the control board will investigate the situation and pass new regulations and controls on this industry as well.

In addition to the licensing process, the new control board was designed to additionally design what will become the Irish governments codes and regulations for the land and online casino gambling industries. Regulation of the gambling industry in Ireland has the possibility to really generate some serious money for the government. On the flip side, the major online casino software development company, CryptoLogic is worried that the new legislation and efforts to reform tax laws will force the company to once again move headquarters if the new laws are unfavorable.

But that is not the aim really. Although there is no guarantee that the control board will decide to regulate and license online casinos for the Irish market, the government is still looking for ways to make significant revenue streams coming in and forcing big businesses out of the country is not in the plan per se.