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July 17, 2008 Online Casino News

Ireland Embracing Online Casinos

The United States’ passing of the Unlawful Internet Gambling Enforcement Ban could be the best thing to happen to Ireland since sliced bread. They are very excited about the UIGEA because this means that a lot of the companies that were looking to set up a home base in the US are now considering Ireland instead.

In fact, to make the deal even sweeter, the country is now considering offering incentives to bring them in. A committee that the government formed to study online casinos and the impact that they could have on the country found that they could have a very positive impact on them.

They are now discussing offering favorable tax rates and exemptions to those online casinos who want to make them their home base. The committee found that by the passing of the UIGEA, a whole host of economic opportunities are presenting themselves to the country, and the committee recommends exploiting them as soon as possible.

They want to find those online casino operators that might be looking to relocate and offer them their country instead. They have already had large companies such as Google and Yahoo move to their tiny country and now they believe that they can convince others to follow suit.



 

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