Ireland implements a new strategy against excessive gambling

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Ireland implements a new strategy against excessive gambling

In a partnership with financial institutions, Ireland’s Gambling Regulatory Authority will introduce a voluntary block on gambling-related credit and debit card transactions.

According to different studies, individuals affected by gambling spend an average of €1,000 per month. Collaborations with the Banking and Payments Federation of Ireland aim to extend this blocking feature across all major banks, creating different ways for players to control their gambling habits.

Banks such as AIB and EBS, together with digital platforms like Revolut, already offer these blocking features, which allow users to manage their gambling habits effectively.

Anne-Marie Caulfield, GRAI’s chief executive, said:

“We are engaging with the Banking Payments Federation of Ireland and directly with pillar banks to encourage other financial institutions to introduce this valuable consumer protection measure.”

This move is part of Ireland’s Gambling Regulation Bill 2022, which introduces advertising restrictions, a national self-exclusion register, and a social fund for addressing problem gambling.

Anne-Marie Caulfield added:

“We issued a call to gambling and gaming companies who are currently operating in Ireland or who expect to do so in the future to register their interest in applying for an operating license. This will help us to determine the level of applications we can expect once the new licensing regime opens in 2025. Codes of Conduct are also being developed for the sector.”

These collaborative efforts show a significant step toward safer gambling practices nationwide.

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