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Irish Regulator Weighs Legal Action Against Offshore Prediction Markets

The Gambling Regulatory Authority of Ireland is preparing to strengthen its oversight of international prediction platforms. The agency may transition from issuing formal compliance warnings to initiating High Court proceedings against non-compliant operators.

Enforcement Strategy

The GRAI has outlined a structured approach for addressing offshore services that operate within Irish jurisdiction. Initial notices will be delivered to platforms that do not meet current regulatory standards. Operators that fail to respond to these warnings will face judicial intervention as the next enforcement step.

Legal proceedings would focus on companies continuing to offer prediction market products without proper authorization. The regulator confirmed that court action remains a viable measure to maintain market standards. This update was reported by iGaming Express.

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