The Gambling Regulatory Authority of Ireland (GRAI), in partnership with Pobal, has launched a nationwide call for input to guide the development of Ireland’s new Social Impact Fund. The fund, created under the Gambling Regulation Act 2024, will be financed through a levy imposed on licensed gambling operators and is intended to support a wide range of initiatives addressing gambling-related harms. Understanding the Fund’s Purpose and Oversight The Social Impact Fund was established following the passage of the Gambling Regulation Act in October 2024, which also created the GRAI to oversee Ireland’s gambling industry. The fund’s primary aim is to finance research, prevention programmes, and treatment services for those impacted by problem gambling. These efforts will be supported by financial contributions from licensed operators, determined as a percentage of each operator’s turnover. While GRAI manages the fund, the Department of Justice retains the authority to decide how the funds are… Read More
Category: News
Source: Casino News Daily