This bill was to legalize the gambling industry and bring it out from its underground status. The bill covered all forms of gambling, with both land-based and online casino Ireland operators.
In 2013, Ireland started to regulate the gaming industry and protect gamblers with the passing of the Gambling Control Bill. This body operates under the Department of Justice. Since the gambling industry has grown so profitable, the Irish government has set out an independent regulatory body to oversee the industry. The gambling industry employs more than 6,000 people across the country at various bookmakers, lottery outlets and private clubs. Furthermore, the report highlights the fact that the sector generates around €100 million in taxes for the government every year. While sports betting and in particular betting on horse racing is the main draw for the people of Ireland, thanks to the boom in online casino gambling, it is no longer the biggest earner for the gambling industry.Īccording to a report in the Independent, the Irish gambling industry as a whole is worth around €10 billion. Historically, betting and gambling have been staples of the Irish culture and as such, the Irish people are partial to a bit of gambling action. Casino Gambling is a common form of entertainment on the island of Ireland.