Some countries have a rich history in gambling and its regulation. Ireland is one of the countries where gambling and betting are part of their culture. The casino community has a strong position in government. Look for the best Ireland Gambling Licence casinos!
But of course, casino laws have had to change and adapt to modern times, so casino laws in Ireland have gone through many updates. To get a clear picture of how everything went, we need to tell you more about its history, so you understand how casino regulation is implemented in Ireland today.
Progress in the interactive gambling
And while national lottery legislation was announced in 2012, a tender process for a 20-year licence was launched in 2013. In the same year, an amendment to the Betting Act for interactive gambling was submitted, and the Gambling Control Act 2013 was published. Forty-two different licence categories were approved and issued by the Office for Gambling Control Ireland.
In 2014, the first lottery licences were issued, and in the same year, the first promotional online casino campaign was launched by the Irish National Lottery. Meanwhile, the Minister for Finance approved the amendment of the Betting Act, giving the Irish Revenue control over interactive operators. However, the interactive casino tax information announcement was delayed for 2015.
Next to be implemented was the Gambling Act 2015, for which a tax of 1% of gross winnings is levied on online casinos and bingo, and 15% for sports betting was imposed on the 27 operators granted a remote booking licence.
However, the Ministry of Finance was determined to adapt to modern times and began re-evaluating the regulatory system, which has remained unchanged for 60 years. In 2018, the tax was increased to 2% and 25%, withdrawal restrictions were imposed, and a rule was set that only players aged 18 and over could be licensed. By this date, other reforms will be reviewed and considered so that Ireland’s commitment to keeping up with the pace of other regulated markets continues.