Ireland Should Act Now On Online Gambling
Published: Sunday, September 13, 2009 Online-Casinos.com
Ireland has not for some reason decided that it would be a good idea to enter the world of online gambling. Many other countries are looking at and have done something about the possibility of attracting online casinos to their nations. Legislation to legalize and regulate online gambling is being adopted in every corner of the planet, and now after a long wait officials in Ireland seem closer to making some changes to accommodate the passion for punting on the internet.
The antiquated 1956 Gaming and Lotteries Act that prohibits casinos has prevented Ireland from moving forward in a world that is ready for the connected poker player or online casino enthusiast.
Statistics have shown that if Ireland could take on at least 5% of the online casino business out there it would create approximately 5,000 new jobs, with a salary of over $55,000 per job, per year. France, Spain, Argentina, Estonia, are among the nations currently seeing the potential of the online casino industry in their countries and are proposing legal changes to create a framework for the online gambling industry to follow.
Gaming and Leisure Association, co-director, David Hickson, said, that Ireland has a great opportunity to expand into the online casino sector and that the time to act is now. He says the United Kingdom has a proven structural body for the regulation of online gambling activity and with that model in place Ireland just needs to make minor adjustments to the taxation and regulatory rules and they will be in the running to attract operators to their shores. Ireland has already seen the writing on the wall as a large software developer for online casinos has located in Dublin and is employing over 400 people. That is tax money from the corporation and income tax from the workers not to mention all the spin offs from that many pay cheques being spent in the local economy. If Ireland waits to make legislative changes the nation will lose its momentum. The share of the online casino pie will get smaller as other places provide a regulated and hospitable environment for online operators.
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