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This has been seen for the past 20 or 30 years, since the very beginning of the technological revolution. US companies were keen to set up Irish bases, in part due to the lower corporation tax, but also because of Ireland’s relative proximity to the US and the close cultural affinity that many Americans feel with the Irish. When online gambling really started to take off, Ireland initially found itself at a rare disadvantage. The rules were unclear, and there was only the Gaming and Lotteries Act of 1957 to go by, but this appeared to make online gambling illegal. Unlike so many places, though, Ireland was fast to react, and the 2015 Betting (Amendment) Act was passed. This cleared the way for Ireland to join in the fray and today, it contributes to the dozens of new casino sites, like the ones listed at bestcasinosites.net that are opening up with every passing week. As the types of casinos, the ways in which we play them and the activities covered continue to evolve, this is a market that is growing and changing at an incredible speed. Think Virtual Reality, Cryptocurrency and eSports for just three examples of massive changes that could have a profound impact on the online gambling sector. And then, in the middle of it all, we have the specter of Brexit to deal with. How will Brexit affect Irish industry in general? According to research carried out on behalf of the Irish government, Brexit’s impact on the overall Irish economy will be somewhere between two and seven percent on GDP, depending on whether a soft or hard Brexit strategy will be adopted.
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