Could Australia Soften Its Stance Towards Online Gambling Companies?

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2 years ago

Of late, Australia has seen a surge in online gambling. That’s why more and more questions are being asked about the fact that Australia could soften its stance towards online gambling companies. Gambling is an integral part of Australian culture. It is not without reason that Australians are called a nation of gamblers – up to 80% of the inhabitants of this country show some kind of gambling activity.

Probably the development of technology will never stop, because we always want to get something new and interesting, right? Logically, the entertainment industry is also developing rapidly. The area of gambling is developing in all countries. Why shouldn’t it develop in Australia?

Legal regulations

Online gambling in Australia is regulated by the government. On 28 June 2001, the Australian Commonwealth Parliament passed the Interactive Gambling Act. This law prohibits Australian operators from targeting online gaming services to the Australian public.

The general legislation governing casinos in Australia is the Casino Control Act 2006. On the other hand, state and territory authorities are responsible for the control of casinos. Each state and territory has its own gambling regulator in its territory. These are:

  • Australian Capital Territory – ACT Gambling and Racing Commission
  • New South Wales – Office of Liquor, Gaming and Racing
  • Northern Territory – Licensing Commission
  • Queensland – Office of Liquor and Gaming Regulation
  • Northern Australia – Independent Gambling Authority
  • Tasmania – Tasmanian Gaming Commission
  • Victoria – Victorian Gambling and Liquor Regulation Commission
  • Western Australia – Department of Racing, Gaming and Liquor

Across the country, gamblers do not pay taxes on their winnings because gambling is considered entertainment, recreation and a hobby, not a source of income. Apart from land based gambling, online casinos in Australia are also growing in popularity and have wide adoption.

Australian authorities shut down gambling companies

The Australian Communications and Media Authority (ACMA) has been given powers to block illegal online gambling sites. A new wind is blowing across Australia. The fight against illegal gambling has taken a new turn. This observation is made because new powers have been assigned to a key player in the battle.

In reality, gambling itself is not the issue here. But, it is rather some online casino operators. The next few months will be complicated for these players. The Australian Communications and Media Authority (ACMA) has received significant political funding.

Gambling here is considered a pastime and a hobby, not a source of income, so Australian gamblers do not pay taxes on it. Easy access to gambling and lack of taxation puts Australians at the top of the list of countries that spend the most money on gambling. This was highlighted in an alarming report by the Guardian late last year.

The best casinos in Australia

The development of digital technology is sweeping the whole world and some users do not have time to follow all the updates and innovations. Nowadays, the virtual universe can bring hundreds of entertainment to every user using a PC/laptop/mobile phone. Online casinos are considered to be one of the most popular entertainment options, especially in Australia, where this type of entertainment has found millions of fans.

However, this does not mean that Australians only spend their time in virtual casinos. Most of them continued to visit the real arcades and enjoy the regular slot machines. In January 2019, authorities announced 22 major casinos and over 35 slot machines operating across Australia.

Millions of travelers from different countries/continents come here to visit the expensive and luxurious casinos and immerse themselves in the atmosphere of Las Vegas. Some casino operators say that Australia is a casino player’s paradise.

The country, which is also an entire continent, is unusual and fascinating. Here you will find not only rare species of animals, but also good people. By the way, each of them knows something about entertainment games, including online casinos, which were very popular here many years ago. Today, Australians and tourists alike have access to hundreds and even thousands of different websites filled with amazing and popular video games for real money and virtual credits. All these online casinos try to attract the attention of users with the help of various bonuses, gifts and promotions.

Action to be taken?

Australian gambling sites are extremely popular, which has resulted in many more being available and ready to play. Now Australian players have more options than ever and more Australian casino bonuses when they create a new account gambling. The primary condition is to choose a regulated online casino that operates on the basis of a license.

To play at an Australian casino, you need to verify your age and account. To protect yourself while gambling, many casinos allow you to set daily, weekly or monthly deposit and betting limits. This will ensure you play responsibly at your favorite Australian casino. Australian gambling regulators take great care to regulate poker game designs because they offer big jackpots. Australian politicians have identified the development of anti-gambling legislation as a priority.

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