The government of Ireland assigned the Casino Committee that then found out a huge number of benefits for giving a home base to online gaming operations, so far as they even propose putting favorable tax rates and exemptions in place in order to attract online gaming operations.

The aim of the committee was to carry out a study to better the efficacy of state’s laws regarding gambling, casinos and online gaming. The conclusions of the committee had some startling results.

The Casino Committee stated that after the USA had passed the UIGEA, Ireland got an economic opportunity and the Committee advised the government to take instant benefit and exploit this situation for the profit of Ireland.

They recommended the Irish government to approach online gaming operators and offer them to make their home base in Ireland. This will stimulate the economy just as when Web giants such as Yahoo and Google made the Ireland Republic the base for their operations in Europe. Objective researches and experts’ opinions show that the introduction of an online gambling ban like that in the USA, would bring problems with various unexpected and undesired consequences.

The government will introduce a limited licensing program and provisions in order to prevent underage players from gambling. They also make some regulations to protect consumers from fraud and dishonest online gaming operators. Moreover the committee went farther and stated that laws concerning land and casino gambling ought to be updated and modernized. The Irish government needs realistic casino gambling laws that will bring profits to the country and its citizens. Maybe, it is time to follow this good example for other countries.