Key points:
- The gambling bill is nearing passage but could be delayed by a general election
- New laws would make it illegal for gambling companies to target individuals who have opted out of gambling
- Companies that breach the law could face fines up to €20m ($22m) or 10% of turnover
Ireland's long-awaited gambling bill is approaching its final stages of legislation, with Junior Justice Minister James Browne expressing confidence that it will pass within three weeks.
The bill's fate remains uncertain, however, due to the possibility of a general election which could delay its implementation until the next Dáil session.
The proposed legislation, initially introduced to the Dáil in December 2022, is set to conclude its journey through the Seanad next week. It will then return to the Dáil for consideration of Seanad amendments.
This process, while nearing completion, could be disrupted if a general election is called, potentially pushing the bill to the next parliamentary term.
The bill introduces stringent measures to combat problem gambling in Ireland. A key provision allows individuals to opt out of gambling, making it an offence for companies to engage with these persons in any gambling-related activities.
Good to know: The IBA supports the bill but raises concerns over unintended consequences in advertising restrictions and stake limits
Violations could result in substantial fines for gambling companies, up to €20m ($22m) or 10% of their turnover.
Tánaiste Micheál Martin has emphasised the importance of passing this legislation, describing gambling addiction as a "terrible disease" with severe familial and financial consequences.
However, despite the bill's progress, the Irish Bookmakers Association (IBA) has raised concerns about several aspects of the proposed legislation.
In particular, the IBA has expressed apprehension over advertising restrictions and stake limits, arguing that some of the proposed measures could inadvertently drive consumers towards unregulated, black-market operators.