Betting in Ireland
The best in Irish betting
Ireland is one of the countries in the world with the biggest betting industries for its size. The population loves betting on a huge variety of events and games, and that love only continues to grow. Whether it’s sports football betting, betting on popular TV shows, or classic casino games, it can’t be denied that Irish betting is some of the most prolific in the world.
We’re going to look at a few different kinds of betting that the people of Ireland enjoy.
One thing that has historically been up for debate is whether to allow casinos to operate in Ireland. In 1956, a law was passed disallowing the opening of casinos anywhere in Ireland. There are, still today, virtually no casinos anywhere except Dublin.
But the casinos that are there are massively profitable, bringing in around €65 million per year. Various methods have meant casinos have been able to crop up, such as establishing members only betting clubs.
Though casinos are somewhat popular, undoubtedly the biggest betting in Ireland happens elsewhere.
Online betting has spearheaded an explosion in the industry over the last decade, and Ireland certainly has not been left behind. Indeed, one of the biggest betting companies in the British Isles, Paddy Power, is Irish in origin.
Given the somewhat strict laws that were historically in place in regard to land-based casinos, the advent of online betting was a huge boon for Irish punters. Now, they could access more or less any kind of betting they wanted from the comfort of their home.
Whether it’s virtual casinos, sportsbook betting, Ireland now accounts for 2.6% of the betting revenue in all of Europe. Indeed, in the world, the Irish rank third for per capita betting.
Online betting is, without doubt, the most significant factor in the expansion of Irish betting.
But the traditional methods are still easy to be found, too.
Though casinos were historically not allowed, the Irish horseracing industry never slowed down. Horseracing is very intimately bound up with Irish culture, and has been referenced in even ancient Irish mythology.
The industry is today worth around €1 billion annually, and employs at least 14,000 people. Irish horseracing is one of the biggest industries even on the international scene, compared with the likes of Great Britain and Australia.
There as many as 26 courses in the country where major races are held, holding over 2,000 races each year. Some of the biggest horseracing events in Ireland include the Curragh Derby Festival and the Galway Summer Festival.
Though certain types of betting in certain parts of Ireland have been restricted, horseracing has thrived for centuries.
So, on the face of it, the legal aspect of betting in Ireland can become somewhat obfuscated by the difference on either side of the border, and the way its beginning to change in recent years. In any case, betting in Ireland is hugely popular, and will only continue to be so in the years to come.