Irish Gambling Regulator By Summer 2021

Reports from Ireland suggest the government there is determined to establish the Gambling Regulator by the summer of 2021. This has been a long time waiting for the government and the formation of a regulator will also see new regulations towards gambling.

James Browne the Minister for Law Reform at the Department of Justice will be responsible for setting up the new regulator and says initially the government will pay the cost of launching the new department estimated at being around €8 million to €12 million.

However once regulations are in place and operational the Minister expects the industry itself to fund the new regulator, the plan is that the new department will have flexibility in reacting and forming plans for controlling the growing sector in Ireland.

Some if the ideas the government want to introduce quickly are expected to be in the form of: Caps on the amount customers can deposit, stronger age verification, restrictions on the forms of advertising gambling companies can use and also controls to ensure those gamblers who have self excluded are not enticed back to gambling.