The Irish economy may be slowing, but the boom times are far from over. Oddly, one area in which growth has been stunted for some time, despite the country’s obsession with it, is gambling.
Uncertainty over the legality of trading into or out of Ireland is the generally accepted reason for this, with the country’s gambling industry regulated by arguably outdated acts dating from 1931 and 1956.
Regulation has become a major issue in other areas in Ireland, with the Irish Supreme Court’s rebuke of the Competition Authority widely regarded as a setback for future enforcement of the country’s free market.
Looking to Northern Ireland, this Ireland Special Report also examines the regulation of environmental law. Following a number of High Court planning judgments, major changes to the region’s planning policy could be inevitable. Without it, confidence in the jurisdiction runs the risk of being undermined.