GRAI and Gibraltar Gambling Commissioner Sign MOU
As part of its ongoing efforts to establish a robust regulatory framework for Ireland's upcoming gambling industry, the Gambling Regulatory Authority of Ireland (GRAI) has signed a Memorandum of Understanding (MoU) with the Gibraltar Gambling Commissioner. The agreement makes it the third international partnership the GRAI will enter in recent weeks.
LISTEN TO THIS ARTICLE:Signed in Dublin by Anne Marie Caulfield, CEO of GRAI, and Andrew Lynam, Commissioner for Gibraltar's gaming regulator, the MOU establishes a framework for cooperation, information sharing, and mutual support to strengthen regulatory oversight in regions where operators hold multiple licenses.
The agreement aligns with the GRAI's broader goal of building strong relationships with global regulators and industry stakeholders. It also underscores the strong ties between the GRAI and the Gibraltarian authorities, who supported the Irish regulator during its establishment phase.
This Memorandum of Understanding signed with the Gibraltarian Gambling Commissioner Andrew Lynam, representing the Gibraltar Regulatory Authority is a significant step in formalising the working relationship between regulators in Ireland and Gibraltar. Given how many gambling operators are active in both jurisdictions, this Memorandum of Understanding will be the first step in cementing what will be a positive and mutually beneficial working relationship between both organisations. This is another important step in the Gambling Regulatory Authority of Ireland series of MOUs with fellow regulators.
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According to GRAI, collaboration with international partners is vital for consistent and effective supervision across borders. The regulator's first MoU was with the UK Gambling Commission in April. At the end of May, the Irish regulator also inked a formal agreement with the Belgian Gaming Commission.
The GRAI was established by the Gambling Regulation Act 2024, designed to update and consolidate Ireland's gambling laws, including the Betting Act of 1931. While the GRAI has been operating officially since March 5, it will start exercising its full regulatory powers in 2026 when the gambling market goes live.
Meanwhile, the regulator has asked those interested in operating in the Irish market to register their interest before the licensing portal opens by the end of the year.
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