Gambling life in Ireland ✌ Diary at irishonlinecasino.net

gambling in Ireland was legalised in 1931. By the end of 2016, the number of casinos operating in the country was 20 establishments. The largest number were located in Dublin. Other gambling establishments include 900 betting shops, 122 arcade sites and more than 10,000 slot machines. Internet gambling was legalised in 2015 and Irish companies are successful not only at home but also internationally.

The state of Ireland occupies much of the island of the same name in northern Europe. The capital of Ireland is Dublin. The currency is the euro. Over the past 20 years the Irish economy has struggled with global economic turmoil. In 2010 the banking system and budget were in a critical state - we had to take a tranche from the IMF. The main fields of activity are pharmacy, medicine, mechanical engineering, information technology and the food industry. At the moment the economy is gradually stabilising and the development of the gambling industry is not the least of these. Well, for those for whom Ireland and its casinos are far away, we invite you to join thousands of fans of domestic gambling and visit online casino Ireland.

 

The characteristics of gambling in Ireland  

The legal gaming industry exists since 1931. There are now about 20 casinos in the country. The most "gambling" city - Dublin, it has the largest number of gambling establishments. In 2016, in addition to casinos there were also 900 betting shops, 122 arcade sites and more than 10 thousand slot machines. The Gaming and Lotteries Act passed in 1956 prohibits gambling, but loopholes in it allow to create casinos under the guise of private clubs. To date, most of Ireland's casinos are small in size. Thus, the largest of them EMERALD Casino - Clondalkin Qʼs has only 8 card tables, 20 poker tables and 200 slot machines. Mostly punters bet on horses, dogs and sports. The Betting Act, passed back in 1931, regulates this branch of business. The leading betting companies today are:  

• Paddy Power
• Boyle Sports

Approximate government revenue from gambling per year is €1.1bn. According to 2016 data, players spend more than €5bn annually. More than 2% of players regularly play online games. Land-based casinos now generate only 1.5% of all revenues.

Ireland's gambling laws  

The age limit for gambling is 18. Some members of the government are pushing to raise the age limit to 21. Legislation regulating the gambling market in Ireland are the Betting Act and the Gamming and Lotteries Acts. The Betting (Amendment) Act 2015 (an amendment to the 1931 act) legalises online gaming, in particular online brokers and bookmakers. It also allows advertising in two Irish national daily newspapers. Gaming and Lotteries Acts, a 1956 law, reintroduced in 1986 and 2003, allows lotteries and a limited list of gambling for money. 

Gambling regulators  

The national lottery is run by the Ministry of Public Expenditure and Reform and regulated by a separate national act passed in 2013. Casino operations are overseen by the Casino Regulation Committee, set up in 2006. The Ministry of Justice, Equality and Law Reform takes decisions concerning gambling in general. Its Gambling Control Bill, the general outline of which was made public back in 2013, is still awaiting confirmation from the government.

List of gambling games and a ban on casinos  

In accordance with Irish law:

"Gambling is a game of chance or games requiring special skills, in which players risk their bets."

The use of special equipment such as a gambling table, slot machine, cards is also mandatory. The above-mentioned acts prohibit the operation of casinos. Nevertheless, they exist in the form of small private clubs. The number of gambling machines in establishments licensed by the government is not restricted.  

Gambling taxes in Ireland  

The betting tax is 1%. The state's revenue is €27 million a year, the same as it was in 1984, despite the intensive growth of the industry in recent years. This paradoxical ratio, plus the country's high percentage of gambling addiction, is forcing the authorities to find a way out of the situation. The main areas of focus are increasing revenue to the treasury and directing some of the money to the treatment of gambling addiction. The annual revenue from gambling machines exceeds €765,000 - and that is just the amount of licence fees.

Legal regulation of gaming machines in Ireland  

The jackpot or high paying machines are categorized as "heavy" gambling. High payouts are associated with a large number of speculations. If the number of events in the machines is not limited, players can spend hundreds of dollars in a few sessions. For this reason, machines with high payouts are banned.

The bill was first introduced in 2013, yet it has yet to be approved. There are both supporters and opponents of its passage. Judging by the latest trends, the bill will be approved after all.  The main content of the new legislation:

• Replacing outdated acts regulating betting and gambling. Creation of a new gambling licensing and regulatory agency.
• Banning fixed betting terminals. Betting on virtual events is now popular. Terminals have been found to be particularly addictive.
• Organising a new public fund to raise funds for the treatment of gambling addiction. Funds will be raised through a tax on license holders.
• Limiting the number of tables in casinos to 15 and the number of slot machines to 25.

Gambling in Ireland today  

So the most popular gambling games in Ireland are:  

1. National Lottery.
2. Instant Scratch Cards.
3. Raffles.
4. Football Polle.
5. Gaming Machines.
6. Betting machines.
7. Poker and other table games.
8. Online gambling.
9. Stakes, including social.

Distribution of gambling revenue in Ireland  

Kelleher (analyst at Goodbody Stockbrokers) noted in his tabs that the estimated annual gross revenue from gambling is €1.1 billion. More details:

• Internet bookmakers - 314 million;
• Lotteries - 310 million;
• Bingo - 8 million;
• Gaming machines - 130 million;
• Casinos or private gambling clubs - 65 million.

Internet gambling in Ireland  

Till recently, the Horses and Greyhound Rasing Act of 2001, under which betting was only allowed at betting shops outside the country, was fully legalised in the country. In 2015, the Betting (Amendment) Act fully legalised gambling in the country. Online operators can be located both within Ireland and abroad. All organisers doing business in the country pay a licence fee and taxes.

Specialists predict a further increase in online gambling profits to reach 7.5 billion by 2020.

 

Online casinos Ireland  

The casinos in the list below have Maltese and British licences. All of them have been on the market for several years, with over a hundred different games on offer. Registered users receive substantial bonuses with regular deposits.  Casino list:

• All Irish Casino;
• Com;
• Paddy Power Casino;
• No Bonus Casino;
• Free Spins Casino;
• Insta Casino;
• Casino Land;
• Yako Casino.

Ireland casinos are not too popular. Generally players prefer roulette, blackjack, slots or bingo.

Popular slot machines online

• Monopoly is a machine with nine reels, two bonus games.
• Five Times Pay is most popular. Three reels and one payline. Jackpot value of 15 thousand credits.
• Cleopatra - slot with twenty lines.
• DobleDiamonds - with three reels and one payline.
• Monty's Millions - five reels, 40 lines. The opportunity to win $250,000 on a single spin in the bonus game.
• Mega Moolah - a new slot with five reels, 25 paylines. This machine has 4 levels of jackpot, the largest of which is $1 million.
• Major Millions - 5 reels and 15 paylines.
• Tomb Raider - 5 reels, 15 paylines, plus 2 bonus games, jackpot of 7.5 thousand coins.
• Hitman - another five-reel machine with 15 lines. All rounds include bonuses and freespins.
• Hell Boy - five reels, 20 lines. Plus bonuses and freespins.
• Burning Desire - this slot machine has no paylines. 243 ways to win and a jackpot of 90,000 coins.

Historically the first bets were on horse and dog races, the most popular bets today:

• Football,
• Horse,
• Dogs,
• Gaelic Football (a variety popular in Ireland),
• Harling (traditional Irish game).

The fee for a betting licence in Ireland depends on its profits, the same rule applies for land-based betting shops. The standard fee is €250k or 10% of the annual income. Operating without a licence is subject to a fine of €5,000 to €300,000. In May 2016 alone, 42 online bookmakers' licences and 9 brokers were issued.   

Irish people gambling  

In 2010, the Department of Social Development carried out a study which found that approximately 75% of Irish people gamble at least once a year. The distribution of games by popularity is as follows:

• National Lottery - 51% of players;
• Raffles and other lotteries - 39%;
• Scratchcards - 28%;
• Stakes - 20%, the highest income being from betting shops.

 Almost half of Irish adults take part in the National Lottery. According to figures from 2010, players spent 772 million.

Gambling addiction problems  

Gambling addiction is a very pressing problem for the country. Statistically it affects 2.2% of the population. Most of the addicts are male, mostly young (25-29 years old). The rate of gambling addiction is higher than in Canada, Norway and New Zealand but lower than in the US, Singapore and Macau.  It has to be admitted that a rather large part of the gambling industry's income comes from addicted players. According to a study by British academics, 30-35% of revenues come from heavily addicted gamblers. In 2013, players owed these centres €500,000. 

Ireland's gambling industry is booming, generating billions in revenue for its promoters. The country's legislation is somewhat outdated, which prevents it from making proper profits. The problem of gambling addiction has also not been solved. Until now, mandatory contributions for addiction treatment have not been introduced, as is the case in New Zealand, for example. Online gambling is insufficiently regulated, and many of its profits are illegal. The government should consider the differences between land-based and online establishments.

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