Experts describe new gambling regulations as a 'big miss'

Expert say that just because there may not be a 'culture of credit rating agencies or companies, it doesn’t preclude the creation of a system where third-party companies could carry out this function.

New protections to stop gamblers from losing more than they could afford were rejected by the Department of Justice in what experts say is a “big miss”.

It has also emerged that a second recommendation by the Oireachtas Justice Committee whereby gambling companies would be made liable to dependents and creditors of gamblers where they know the person is making losses beyond their means was also shot down by the department.