Gambling in Australia has always enjoyed great popularity, and nowadays interactive gambling online is widespread throughout the country. State authorities have almost always treated betting shops and casinos rather loyally, allowing their activities in all cities and states. However, recently some changes have been made in the legislation, which affects the online gambling industry. In order to get the most out of the games and not be at risk, it is worth knowing exactly what alterations have taken place. Many best Australian online casinos are leaving the market due to regulation. Giants like BitStarz and FastPay are constantly writing about payment problems.
History of Australian gambling before 2001
As Australia developed, people from all over the world came here, and they all brought with them, among other things, different gambling entertainment that was popular in their homeland. At various times gambles from America, Europe and even Asia were brought to Australia and took root with varying degrees of success. The situation was such that all segments of the population had a good set of not only available pokies, but also places where they could play them.
The history of land-based casinos in Australia began in 1973, when the institution of the kind was opened, which received a license in Tasmania. After that, new casinos started popping up all over the place, giving Australians the chance to try their luck and have a pleasant time.
With the advancement of the internet arose online gambling. It happened at the turn of the 20th and 21st centuries, and since then the number of online gambling sites in Australia has grown steadily. The government quickly enough responded to the new trend and rushed to take the regulation of this area into their own hands.
The Interactive Gambling Act
The IGA was passed in the summer of 2001 in reaction to the explosive growth of the online gambling industry. It regulated this part of the gaming field, clearly dividing the duties and responsibilities among the online game providers. According to its main provisions, the companies offering online plays could operate in Australia. However, they are forbidden to advertise their services as well as to organize real money activities for locals. It is believed that the target audience of Australian providers is only foreigners.
At the same time, residents of Australia are free to choose to play any foreign online casino. It should be noted that all responsibility for the violation of IGA lies only on the organizers of the gambling amusement, and the gamblers themselves are never prosecuted.
These days Australia is one of the most gambling countries in the world. A wide range of land-based gambling establishments as well as competent policy in relation to online gaming have made this industry an important source of income to the state budget.
It is also interesting that according to the Australian legislation, any gambling winnings are not considered as earnings and therefore are not taxed at all. Gambling, both in land-based casinos and online gambling, is allowed after the age of 18 years.