There are a lot of industries that are currently growing at an impressive pace in Ireland, and one of those that is no exception is the online casino industry. It is now more accessible than ever before to create an online account and start playing online, thanks to the invention of mobile gaming and being able to play at one of a number of casinos while on the move. As opposed to having to go down to an actual casino or be at your laptop or computer. When it comes to online casinos in Ireland, there are plenty to choose from, and why should you opt to try an Irish casino? Well, that’s what we’re going to look at today. There are also plenty of online Irish casinos that offer a fun mode that allows you to play for fun with no commitment.
A small country with a big online following
Despite its small size geographically as a nation and also when it comes to the population, Ireland does have, in fact, one of the top-rated and most attractive online casino industries in the world. And a lot of this is through innovation. There are more start-ups starting up almost each and every week, which is putting the pressure on existing casinos to consistently stay competitive through innovation and other means in order to try and stand out from an ever-growing pack to not only get new customers through their doors but also to retain existing customers and to prevent them from going elsewhere. Ensuring that they’re always delivering an entertaining online experience.
How big is the Irish casino industry?
To put the market size in Ireland in numbers, we need to look at other countries for a comparison in order to gauge just how lucrative the market is. The biggest market in the world when it comes to online gambling is just over the Irish Sea in the United Kingdom, which boasts a gross revenue of roughly $12.5 billion. And over the Atlantic Ocean, the United States is just a bit lower at $11 billion. And so, bearing in mind that the United Kingdom consists of four nations and the United States has a population in excess of 350 million, where does Ireland fare? Well, the revenue stands at $5.3 billion, which is over half of what the entire US generates for a country with a population of just over 5 million.
A growing market
For such a small nation, this is an incredible figure. It really does reflect on the innovation that is currently springing up in the online casino and gambling sector in Ireland. And it’s not just the revenue that has been growing; the Irish population has also been warming to the sector of iGaming. Back in 2009, there were only 20 million players within Ireland, but this had grown all the way to 34 million by the time we got to 2020. And so, reverting back to the original question, what are the top three reasons that you should try an Irish casino?
No taxes on casino winnings
Well, one thing you always want to be conscious of as an online casino player is the tax situation and legislation in relation to gambling online at the casino you’re playing at. As with some countries, such as France, you can be taxed on the winnings that you get from your online casino experience or from an online sportsbook, which can be all the way up to 25%. Which is a lot to take out of your winnings. Thankfully, in Ireland, as the bettor, you will not be subject to any tax on your winnings. There is a 2% flat fee, but this is covered by the betting operators so that you get to keep all of your winnings.
A big amount of casinos to choose from
Some countries around the world are very strict on legislation when it comes to gambling, such as Sweden; however, Ireland is very liberal, so basically all forms of wagering both online and in person are legal in the country, which of course makes it a very attractive place to set up shop for all of the major online brands. This is good, of course, because it gives players plenty of choice when it comes to choosing a place to play online.
Bonuses and promotions
Thanks to there being so many different online casinos to choose from, along with this, of course, comes the plentiful choice of so many different types of bonuses and promotions to come from. This means that as a new player, you have many different promotions to choose from, with some even being free spins and no deposits, meaning that you can start playing without having to deposit anything into your online account.
In Summary
Hopefully, this has given you an insight into the size and scale of the Irish online casino industry and where it could be headed in the future. And likewise, hopefully we have given you some good reasons to choose an Irish online casino to sign up to.
