The Gambling Regulatory Authority of Ireland (GRAI) has signed a new Memorandum of Understanding (MoU) with the Gibraltar Gambling Commissioner, furthering its efforts to establish cooperative frameworks with fellow gambling regulators as Ireland prepares to open its regulated market. Signed on June 25 in Dublin by GRAI CEO Anne Marie Caulfield and Gibraltar Commissioner Andrew Lynam, the agreement is intended to support joint oversight of gambling operators that are active in both jurisdictions. It outlines broad principles of cooperation and creates a foundation for ongoing collaboration between the two regulatory bodies. Third MoU Ahead of Licensing Launch This agreement is the third in a planned series of MoUs GRAI intends to finalize with international counterparts. As stated in the GRAI’s official release on grai.ie, the purpose of these memorandums is to create “information sharing agreements with other regulatory bodies” in advance of Ireland’s first phase of gambling licensing. GRAI emphasized the value of the partnership with Gibraltar, describing the regulator’s… Read More

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Source: Casino News Daily