Oireachtas Joint and Select Committees
Wednesday, 2 October 2013
Joint Oireachtas Committee on Justice, Defence and Equality
Gambling Control Bill: Discussion
11:15 am
Ms Susannah Gill:
It relates to which entities and individuals get licensed. This is also currently part of the discussion on the Betting (Amendment) Bill which falls under the remit of the Department of Finance. When an operator needs to get licensed, there needs to be clarity about which entity they have. A company such as Betfair, which is now of substantial size, will have various entitles that all do different things and when it comes to getting, for example, an exchange, sportsbook or gaming licence in Ireland, it needs to be clear which entity in Betfair or other operators needs to apply for that. Within entities, we have sub-entities of our different businesses and it could become bureaucratic if all those sub-entities of the applicant entity also have to go through the licensing process and all the nominated individuals within them. It is a case of clarifying which entities and individuals are involved in the licensing process to make it manageable for both us operators applying for a licence but, importantly, also the OGCI, which has to oversee the entire process. It is something that would probably fall into secondary regulations and technical guidance as to exactly how the process will work for all stakeholders.
No comments