Dublin Serves Gambling and Vice Versa

News keeps on pouring in from North America, where the United States Treasury Department and the Federal Reserve have passed yet new regulations to enforce the ban on online gambling. At the same time, across the ocean, other countries are enjoying a new, regulated and well-managed gambling policy.

Not only do the gamblers enjoy this liberal approach. The countries themselves, and their economies too, are benefiting from it. In a symbolic move by Canadian online gaming company Veridigm from Vancouver to Dublin, the destination city will enjoy 100 new jobs.

While Canada has lost its edge, which it previously held as a neighbor of the American market, at a time consisting of over 50% of the global gambling market, Dublin is one of several new such centers, most of them by no coincidence located in Europe.

A growing industry as the online gambling industry is best nurtured in an evolving economy. Europe has wisely taken on this role. Dublin, and Ireland at large, if not Europe in general, supplies the technology resources and skills to draw such attractive companies, and benefit from the new jobs it will bring along with it.

Jobs are another aspect on which the North American market will lose on, as a direct result of the online casino ban. At best, the former Canadian-based headquarters will be their second offices, as Dublin becomes their development and management centers both.

Business-friendly Ireland has already seen another, California-based gaming company, Tiltware, move its offices to the city of Dublin. That brought about 200 new jobs to the city.