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The Irish officials seem primed and ready to move forward on plans to greatly expand the country’s online casino gambling industry – all they’re reportedly waiting on is a more clear look at just precisely how many jobs will be potentially created in the country as a result of new regulations and policies. The initial reports were a bit overzealous in some regards; proponents of a full Irish gambling industry for foreign online casinos may have slightly exaggerated the job potential – or the call for Ireland as a potential licensing and regulating jurisdiction. So while the Irish authorities feel that 8,000 jobs may be a tad optimistic, adjusted figures still point to at least 5,000 new jobs influxing the Irish marketplace.

The estimates from varied sources all seem to agree that Ireland has the very real potential of becoming incredibly viable in online casino licensing matters because of the country’s proximity to some of the UK and Europe’s largest gambling markets. The Irish government hasn’t touched the nation’s gambling laws in well over 50 years – and a lot has certainly happened in the interim! That being said, although talks are now in the works, there is no guarantee that new and open regulations will pass through the government into law even if the country did fiercely desire internet gambling.

Currently, the vast majority of the licensing for UK and EU facing online casinos occurs at offshore licensing jurisdictions. These offshore venues are a last resort for some companies (like Ladbrokes and Will Hill) and regulations in Ireland would be a huge relief and welcome change for companies that prefer to be a bit closer to their immediate markets.

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