Ireland gambling regulatory authority (Grai) announced that it has written a new Memorandum of understanding (MoU) Gibraltar regulatory authorityThe agreement will cooperate to the two officers to deal with various types of gambling industry issues.
Ghee joined the army with the regulator of Gibraltar
According to GRAI’s announcement, this new system is in line with its broader goal for making productive relations with an international community of operators and sharing important information about the industry.
The agreement was signed Anne Mary KaulfieldChief Executive Officer of Gray, and Andrew LinumA commissioner representing the Gibralian gambling regulator.
The MoU has determined some obvious points and principles of cooperation that the gambling regulators of Ireland and Gibraltar have committed to follow. By sharing information, both bodies will be able to deal with illegal gambling, shares the best practices and to follow the latest development in the field.
In addition to the MoU, Gibralterian officials reflect the confidence of GRAI, which has previously assisted the Irish Authority during its set-up phase. Ghai expressed enthusiasm about his praise and continuous cooperation.
A formal work relationship
Commenting on the MoU, the Chief Executive Officer of Ghai, Anne Mary Kaulfield, said that it will make a formal work relationship between the regulators in the two countries. He said that the MoU with the regulator of Gibraltar would be particularly important given the important overlap between the operators of both countries.
Given how many gambling operators are active in both courts, this memorandum of understanding will be the first step in cementing a positive and mutually beneficial work relationship between the two organizations.
Anne Mary Kaulfield, CEO, Gry
Caulfield stated that this is an important step for GRAI, which seeks mutually beneficial participation with a broader community of gambling regulators. The compromise with the regulator of Gibraltar is especially third in the same chain of mousse.
CAULFIELD also welcomed Andrew Linum, CEO of the Gibraltar Regulatory Authority to Dublin and thanked him and his team for their incredible and continuous assistance.
Ghai responded to industry response
MOU with Gibraltar Regulatory Authority arrives two weeks after the grace A response released For the input collected during its inauguration public consultation on Ireland’s new gambling regulation Act 2024. The authority accepted the important concerns raised by the stakeholders of the industry, including calls for a fair and more transparent fee structure.
GRAI confirmed that its main goals promote a socially responsible and transparent gambling industry, protecting the public from the loss of gambling.
