Restricted Casinos in Ireland
It is believed that Irish banks will stop issuing loans because of online gambling, as information has spread that the issuance of loans by representatives of Irish banks focuses their attention on determining the solvency of clients, and in particular, whether the latter does not participate in any online gambling Games.
On the other “defects” of solvency, employees of state banks in Ireland, for some reason, do not pay special attention. Show more
Read also: Best Online Casinos In Ireland
Also, special attention is paid to subscriptions to digital TV channels, tuition fees and mobile billing accounts. Of course, this measure is fully and completely accepted by the banks of Ireland, because the Irish legislation on gambling does not mention a word about any connection between gambling and credit issues.
The CEO of consulting credit company Negotiate Trevor Grant has repeatedly stated that gaming transactions are often used to reject an application for a loan. He believes that a client who is experiencing economic difficulties and for these reasons can’t pay out a loan at the time, should live more economically, and with costs similar to gambling, and at all should be neglected, as they are not necessary.
These changes are most likely to be perceived negatively, because in the legislation of Ireland nothing is mentioned about the prohibition of issuing loans to gamblers. And for many Irish gambling is the main and sometimes even the only way of income.
In the opinion of the representative of the Irish Banking Federation, all those who want to review the application for their credit, as well as obtain a new one, should carefully analyze their incomes and waste. Show less
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