Dubbed the 'Emerald Isle, ' the Republic of Ireland the southern part of an island in the Atlantic Ocean, cut from the United Kingdom by the Irish Sea. It covers the biggest portion of the island with five-sixths under its territory. North Ireland boasts a 333.7 billion USD GDP.
Ireland is a country synonymous with gambling, which is rooted in the horse-racing culture. While the government has been adamant about opening the Irish frontiers to modern-day gambling, the country has an insatiable appetite for gambling. The favorite is online gambling, which attributes to over 98.5% of Ireland's total gambling revenue.
The Republic of Ireland has been in a stalemate on whether to legalize gambling or not. As it stands, gambling in land casinos is regulated rather than legalized. There are restrictions on who can operate casinos, how many casinos countrywide, and the number of tables and infrastructure.
Ireland has succeeded in regulating commercial gambling, but it has been hard for it to regulate online casinos, and mobile gaming, just like the rest of the world. Irish players can still play on the vast offshore casinos without any restrictions. The availability of internet and Smartphones also mean everyone can play, anywhere.
Currently, the government sanctions all gambling activities and is directly involved in the licensing of the ventures operating members casino establishments. There is no government-backed organization that regulates the industry. The only involved organization is a not-for-profit organization called The Gaming & Leisure Association of Ireland.
While there is no regulation of the online gambling industry, players are advised to deal with licensed offshore casinos only. Playing on unlicensed casinos comes with so many risks. Chances are high winners will be duped out of their fortunes. Also, unlicensed casinos are hotbeds for fraud, especially when it comes to your data safety and privacy.
Players don't have to spend money to play online and mobile casino games. Some select operators offer free money as part of their promotions. But then, these promos attract strict wagering requirements. For players who don't want to be bound by wagering requirements, they can also opt for real money play.
While real money play attracts instant winnings, which you can withdraw anytime, remember to play responsibly. Gambling is highly addictive and can dwindle financial stability and social life. Remember to play responsibly; set a budget for gambling, don't gamble when drunk, and, most importantly, always know when to walk away.
While the government has been strict on gambling, there is pressure mounting on it to adapt modern gaming policies that are favorable to both the gamblers and the economy. It's more likely that new laws will be passed to reflect the UK's. But will this move bring any change?
There isn't going to be so much change as Irish gamblers are already playing on the offshore companies. But modern laws will be beneficial to players as more companies will now set shop in Ireland, thereby creating competition. In a competitive market, online casinos offer crazy promotions, for example, bonuses.