Australia has one of the most active gambling populations globally with many billions being bet each year. This is even with the country holding a ban on any online casino operations being hosted in Australia. The ban on local Aussie gambling does not, however, extend to sports betting as long as operators are licensed with the government.
Australian Gambling Laws & Acts
The main control for local betting activity comes from The Interactive Gambling Act of 2001. The main purpose of the law is to prevent the participation of registered companies in any real money gambling. This set of rules does not, however, extend to sports betting which is legal in Australia.
The Limitations Of Current Gambling Rules
The fact that online casino play based in Australia is illegal does not prevent anyone from placing bets on other gambling sites. This means that it is fully legal for Australians to place bets on casinos registered outside of the country.
The one game type that is not restricted by law is online pokies. Slots are one of the most popular casino titles in Australia with anyone being allowed to access them at any time.
Additional Costs Of Betting In Australia
Due to the fact that there are not allowed to be any registered online casinos in the country means that tax for players is not a concern, even on winnings. The only tax that is collected in Australia is from operators, so sports betting companies who operate legally. Some of the only additional costs players might have to contend with are transfer costs when making deposits or withdrawals.
Future Changes In Gambling Laws
A further clamp down on local betting laws has been threatened numerous times, with ideas of outlawing banking transactions between Australian banks and casinos being one of the most recent. But certified online casinos that offer their services to Australian players continue to do so legally and without major challenge.
The Australian betting system is both unique and uncomplicated with a restriction on local gambling practices and a fairly unchallenged thriving casino industry on websites based elsewhere. This makes it possible for Aussie players to access all of the best games on their favourite betting site while still being legal.
