Gaming in Australia
Currently, gambling in Australia is regulated by state and territory laws. These laws regulate land-based gambling such as horse racing and lotteries, and online gambling, including casino games and poker.
These laws are designed to protect players and regulate gambling businesses. A person must be at least 18 years old to gamble in Australia. Gambling debts are not taxed, and the only people who are taxed on gambling winnings are those who play at casinos.
The Australian government has a strong focus on player protection. There are laws in place to prevent offshore operators from operating online casinos in Australia. In addition, the Australian government encourages players to avoid offshore providers.
If players choose to play non betstop pokies, they do not risk their money. However, there are some offshore sites that have unscrupulous business practices. They may also have poor harm minimization features.
A recent report commissioned by the Australian Government’s Productivity Commission found that the gambling industry in Australia has been expanding rapidly. This growth is driven by the popularity of internet gaming. In 2010, the online gaming industry was valued at almost $800 million.
The Australian government has a number of gambling regulatory bodies, which are responsible for licensing and regulating the industry. The Australian Communications and Media Authority (ACMA) administers the Interactive Gambling Act (IGA) and is responsible for enforcing the IGA. ACMA also takes action to combat illegal online casinos.
ACMA regularly requests that internet service providers block websites that breach the IGA. ACMA also handles gambling complaints and issues substantial fines. The Interactive Gambling Amendment Act (IGA) was passed in September 2017, which expanded existing aiding and abetting offenses and gave the ACMA greater investigative and enforcement powers. The IGA also introduced new penalties for gambling operators.
The IGA also includes two caveats, which allow online sports betting sites to operate in Australia. In-play betting on games that are in progress is not allowed over the internet. However, it is permitted in person. This type of betting is also permitted on phones or through ‘click-to-call’ apps that use voice rather than clicks.
The Australian government is currently reviewing its gambling laws and policies. As well as online gambling, the government is also considering the regulation of virtual currencies. Its approach to gambling is governed by its own Anti-Money Laundering/Criminal Technology Financing Act (AML/CTF). This is a strict law, and failure to comply can result in large civil penalties. In Australia, only licensed gambling operators can issue virtual currencies as designated services. The government also regulates AML/CTF compliance, which requires reporting entities to register with AUSTRAC and develop a compliant AML/CTF Program.
In May 2018, the Australian Government announced plans to introduce a remote operator permit, which will enable businesses to offer online gambling in Nigeria without having to have a physical presence in the country. Businesses will apply for a permit and be required to show that they have taken responsible gaming practices into account.
Gambling has become closely associated with sports, as a means of consuming and enjoying sports. However, Dr. Susan Rennie, a former mayor of Darebin Council in Melbourne, says that the gambling industry has also used sport to increase its visibility. The risk for those who only play lotteries or scratchies is relatively low, compared with those who play casino games or electronic gaming machines.
The federal government played a significant role in developing the National Consumer Protection Framework, which is intended to minimize the harm caused by gambling for Australian consumers. It consists of ten mandatory minimum standard measures. These measures include the obligation to make prizes available in a fair and timely manner and to adhere to draw integrity requirements.