By The Weekly Edge desk ·
Focus Gaming News reported that Ireland intends to introduce new anti-money-laundering requirements for gambling and crypto. The government plans to require gambling firms to check crypto-related transactions.
The planned rules would add due diligence obligations for crypto-related gambling transactions.
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The proposed negotiating document excludes an EU-wide online gambling tax from the draft budget negotiations.
Existing Irish gaming licensees should keep renewing licences, while new applicants should continue with Revenue during GRAI’s transition.
Horse racing stakeholders are engaging Irish ministers to oppose a potential EU-wide gambling tax.
Betting operators retain Ireland’s 2% tax rate, while horse racing receives increased state funding in 2027.
GRAI’s funding constraints delay online operator licensing and limit enforcement against overseas operators serving Irish customers.