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According to the stereotype, Asians love to gamble. While that may be true to a certain extent, residents of China and similar nations can’t hold a candle to Australia when it comes to punting. According to Las Vegas Advisor, an article by The Economist named Aussies “the world’s biggest gamblers,” with an estimated annual loss of $990 per adult. And according to another report, the online side of the business is growing 15 percent year-over-year.
- The Interactive Gambling Act 2001 Passed by the Australian Commonwealth Parliament, The Interactive Gambling Act of 2001 (IGA) was made with the aim of protecting Australian citizens from the potentially dangerous effects of online gambling.
- Australia’s online gambling watchdog has uncovered 19 breaches of that country‘s new gambling law in its first investigation since the new rules took effect. Last week, the Australian Communications and Media Authority (ACMA) published its first report into suspected violations.
- Since the Interactive Gambling Act became law in Australia back in the year 2001 it has been illegal for any online casino or in fact any type of online gambling site to offer their services by way of advertisements in Australia. This piece of legislation of course hasn’t in any way stopped such sites and companies promoting their sites online, and as a casino game player based in Australia.
- Online casino gaming is prohibited in Australia under the Interactive Gambling Act 2001 (Cth) (Interactive Gambling Act). However, a person may still apply for an ‘internet gaming licence’ in the Northern Territory and offer their gaming products outside of Australia in certain circumstances.
- Not all online gambling is regulated in Australia. So, the company elements, such as a license, positive reputation, solid support, and so on are very important to pay attention to. So, the company elements, such as a license, positive reputation, solid support, and so on are very important to pay attention to.
Australian Online Gambling Laws 2017
For decades, the laws regarding gambling in Australia have been on the liberal side of things. A number of brick-and-mortar casinos dot the landscape, some of which also offer poker alongside table and electronic games. Slots and video poker machines (known locally as “pokies”) are perhaps the most popular, and their presence is a common sight in pubs and clubs across the nation.
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For sports betting, the Totalisator Agency Board (TAB) allows both tote wagers and fixed-odds bets to be placed. There are nearly 3,000 retail TAB outlets in Australia, and their locations range from sprawling metropolitan areas to the more desolate regions of Oz. Bingo, or “housie” as it tends to be called, is also widely available.
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The Interactive Gambling Act of 2001 states that all forms of ‘real money’ online gambling are illegal excluding lotteries and sports betting. This includes all forms of pokie machines and slots machines. As of March 2017, online casino games are now banned in Australia under the Interactive Gambling Amendment Bill 2016. Online gambling facilities could be used as vehicles for money laundering, where the proceeds of crime may be disguised as winnings. Online gambling facilities may be accessible by children. Internet gambling may be vulnerable to invasions of privacy. Information given to casino operators can be used for other purposes.
Online Gambling Australia Legal
Betting at Internet casinos and poker rooms was supposed to be eliminated by the 2001 Interactive Gambling Act, although penalties were levied against gaming operators and not the players. This allowed Aussie citizens to continue to play with anyone who would accept their wagers, and there were plenty of offshore casinos willing to flaunt the law.