Government approves publication of the Gambling Regulation Bill
Government approves publication of the Gambling Regulation Bill. Bill will introduce a streamlined licensing regime for the gambling sector. Gabbling Regulatory Authority of Ireland will have a significant role in regulating gambling and ensuring that gambling laws are enforced.
Government approves publication of the Gambling Regulation Bill. Bill will replace the currently fragmented regime with three broad licence types available to retail and online operators.
"Business to consumer" licences for gaming, betting and lotteries. "Business-to-business" licenses for charitable/philanthropic causes.
The Bill takes into consideration the impact that gambling addiction has on families and communities. It also introduces various safeguards to ensure public safety for children and the vulnerable members of society.
The Minister with responsibility for the legislation, James Browne TD, announced that the Bill will introduce a watershed that will ban gambling advertising between 5.30am and 9pm daily. The Bill also provides for an establishment of a social impact fund which will be funded by mandatory donations from the industry. It will finance initiatives to reduce problem gambling and support awareness-raising and educational measures. ATM machines will also be banned from gambling facilities. Individuals struggling with gambling addiction can choose to self-exclude from online gambling operators.
Government approves publication of the Gambling Regulation Bill. It will ban gambling advertising between 5.30am and 9pm daily and apply restrictions to the sponsorship of sports clubs with underage teams.
Government approves publication of the Gambling Regulation Bill. The Authority will have a dominant role in setting the parameters within which the industry operates. It will take enforcement actions against non-compliant providers and impose financial sanctions. If found guilty, individuals may be convicted for up to eight years imprisonment or fined up of 10% of turnover. The recruitment of employees for the Authority is well underway.
The Bill is expected to be published in the next week or so. The government will monitor the establishment of the new Gaming Regulatory Authority and provide regular updates on material developments.