Much of the current legislation is archaic, and in need of a dramatic overhaul. This independent body operates under the jurisdiction of the Department of Justice, and is tasked with licensing and regulatory issues for the gambling industry in Ireland. David Stanton, the Minister of State has established a gambling regulatory authority to oversee the Irish gambling industry. Such is the scope of this market, that many peripheral and complimentary industries are thriving because of it. The annual value of the Irish gambling market ranges between €6 billion and €8 billion. An op-ed in the Independent in June 2019 indicated that the Irish gambling industry generates €100 million annually in taxes for the government.
GAMBLING is now a major industry in Ireland.
