The Interactive Gambling Act, passed by the Commonwealth Parliament of Australia on June 28, 2001, regulates gambling activities in Australia.
Until 2011, online establishments in Australia could provide services to both foreign and local residents. But the Government decided to protect Australians from the harmful effects of virtual gambling and adopted a new law, according to which the services of gambling institutions cannot be provided to Australian citizens.
Also, this law includes a ban on advertising gambling in Australia. For this violation will have to pay a hefty fine: $ 220 thousand for physical persons and $ 1.1 million for legal entities. But at the same time, companies can advertise their services for citizens of other countries.
Only betting rates and online lotteries are allowed for local residents. Putting in a bookmaker’s office on the outcome of a sporting event is possible only before it starts.
Lottery tickets can be purchased directly on the sites online and participate in the sweepstakes. But instant lotteries and keno are also prohibited.
The government has repeatedly raised the issue of amending the law and liberalizing online gambling, but so far ardent opponents of gambling are in power, and no changes have occurred.
Despite the prohibitions and restrictions on the activities of online sites, Australian casinos are top-rated, and Australia is recognized as one of the world leaders in the number of offers of online games.
In addition, as experts note, Australia’s online casinos have one of the best systems in the world against hacking and external penetration.
Different laws on different territories
Australia has a specific administrative division, and it consists of 6 states, three mainland territories and several obvious ones. And each administrative unit has separate legislation that regulates gambling activities. Licensing requirements are also different in each region.
Therefore, in order to choose a jurisdiction for obtaining a license, one must first determine the territory where the activity will be carried out.
Most of the territories provide licenses for sweepstakes and betting activities in certain jurisdictions. It is possible to legalize online sports bets in the Northern Territory since Norfolk Island offers licenses for online bookmakers.