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Irish Gambling Regulatory Authority Poised for Mid-2025 Launch

Posted on November 19, 2024 | 10:03 am
Irish-Gambling-Regulatory-Author

Ireland is on the verge of a significant transformation in its gambling industry, with the Gambling Regulation Bill 2022 moving closer to becoming law. Once enacted, this legislation will pave the way for the establishment of the Irish Gambling Regulatory Authority (IGRA), a body tasked with enforcing the new rules and overseeing the regulated betting market. The IGRA is expected to be operational by mid-2025, signaling the implementation of these sweeping reforms.

The Gambling Regulation Bill 2022 aims to modernize Ireland’s gambling laws, which have remained relatively unchanged for years, according to the analysis published by Vivo Gaming. The legislation focuses on enhancing player protections and addressing gambling-related harm. Core measures include:

  • National Self-Exclusion Scheme: A program allowing players to voluntarily exclude themselves from all licensed gambling platforms.
  • Social Impact Fund: A financial initiative designed to support education, treatment, and research related to gambling harm.
  • Game-Specific Rules: Stricter regulations around certain types of games, bonuses, and payment methods to ensure fair play and player safety.

These provisions are part of a broader strategy to create a safer gambling environment and align Ireland’s regulations with international best practices.

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Establishing the Irish Gambling Regulatory Authority

At the heart of this legislative overhaul is the creation of the IGRA, which will act as the primary regulatory body for Ireland’s gambling sector. The authority will take on several key responsibilities, including:

Overseeing Licenses

The IGRA will introduce a robust licensing framework, requiring all operators to hold valid certifications. Operating without a license will become a criminal offense, and the authority will ensure compliance through rigorous oversight. This will tighten the regulatory environment, compelling operators to adhere to the new laws or face legal consequences.

Enforcing Advertising Regulations

Advertising practices within Ireland’s gambling industry have faced criticism for potentially targeting vulnerable groups, including children. The new bill mandates stricter controls on gambling advertisements, which the IGRA will enforce. These rules are expected to include restrictions on timing, placement, and content, though exact details are still pending. The authority will monitor compliance and impose penalties on operators who breach the rules.

Preparing for Implementation

While the IGRA is projected to launch in mid-2025, several steps remain before it can begin operations. Key leadership positions, including the Chairperson and board members, must be filled to guide the authority’s development. Recruitment efforts are underway, and the successful appointment of these roles will be crucial to ensuring the organization’s readiness.

Source:

“Irish Gambling Regulatory Authority Set for Mid-2025 Launch“, vivogaming.com, November 13, 2024.

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