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.