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WAAG: Ireland: Government

Ireland has one of the least developed online casino gambling markets in Europe right now because the Irish government has not yet acting on plans to develop and expand the internet gambling industry to include internet gambling sites. There is certainly gambling throughout the country, but betting and land gambling are the primary types of gambling with internet betting expanding in popularity. The government has the opportunity right now to launch a strong effort into the international industry and the internet gambling sites all over the world would definitely respond with enthusiasm. Only in the last couple of months though has the Irish government indicated that it is considering changing the current blocks and restrictions on the gambling industry that have been in place since the 50’s.

One of the key reasons for the government’s decision to finally consider online casinos as a viable industry for the Green Isle is because of the current economic recession. The recession has meant job losses all over the developed world and countries everywhere are looking for ways to boost their economies and entice big businesses to open shop. Ireland is an attractive place for headquarters and base operations for the internet gambling industry and the government has a lot of pressure from the industry to readdress gambling laws.

What is the hesitancy though? The online casino gambling industry has been interested in the Irish market for some time now and yet the government has chosen to steadfastly support the enforcement of the archaic 1956 Gaming and Lotteries Act. That could be changing though as the government assesses the potential jobs and revenue that will be created by a regulated online gambling market.

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