In a recent statement issued to the press the European Gaming and Betting Association (EGBA), has welcomed Ireland’s move to regulate gambling in the country.
Secretary-General of European Gaming and Betting Association (EGBA), Maarten Haijer welcomed the move in the statement and said, “We welcome the Irish government’s publication of a bill to introduce a regulatory authority for gambling, the implications of which we will carefully study. Ireland is one of only two remaining EU countries who do not currently have some form of regulation for online gambling. It is in the interests of everyone to have a well-regulated online gambling market which protects Irish players. We look forward to the discussions on the bill. For any new law to be a success it should be supported by a multi-license system which ensures a competitive and attractive market for Ireland’s online gamblers and has adequate safeguards to protect them.”
Earlier this month on March 20, an amendment to the existing Gaming and Lotteries Bill was passed in a cabinet meeting.
The new bill allows for creating a separate and dedicated authority to regulate the gambling activities in Ireland. The bill also includes several other significant changes which are more of a step towards liberalising the gambling laws in the country.
David Stanton, Minister, Department of Justice and Equality said: “A modern and effectively regulated gambling environment will ensure, to the greatest extent possible, that gambling will be a safe, fair and entertaining activity for the majority of those who choose to take part in it.”
EGBA, in its statement to the press also thanked the minister for his role in regulating online gambling in Ireland.