In Australia, gambling is quite popular, more than 80% of Australian adults use this type of entertainment (this is the highest figure in the world, and Australian residents spend 1.6 thousand dollars more every year than residents of other countries). This is one of the first countries where, in 2001, after adopted legislation, gambling activities began to pay due attention. Just like in any other large civilized country, the gambling business in Australia is completely legal, but there are quite strict rules which are set by online gambling australia laws.
In fact, Australia has one of the most stringent laws and regulations on gambling. The government of the state has developed tough rules and laws to protect the rights of its citizens and replenish the country's budget through taxes on gambling activities.
The Interactive Gambling Act, which regulates gambling, was passed by the Australian Government in 2001. The law is focused on online gambling operators, people winnings are not taxed, because it is not considered a professional activity, but rather leisure, entertainment. The government of the country treats the win not as a profit, but as a player's luck, because after winning this time, the next time, the player will most likely lose. Access to online gambling is fully accessible, companies that are based in Australia can offer their services in other countries.
Taxes imposed on gambling operators depend on the state of incorporation of the company. The income that the state receives from taxes from gambling activities amounts to about 15% of the budget. The following taxes apply:
Online gambling in Australia is regulated at the federal level. In 2001, the Australian Commonwealth Parliament passed the Law “On Interactive Gambling” for the country. Online gambling is also divided into several categories:
The law allows you to provide online services. However, the operator must be registered in Australia. It is allowed to accept players from other countries where the gambling business is legalized.
Gambling addiction among residents of the country is expressed not only in participation in games. Several prominent gaming software makers came from Australia. World famous companies are:
In addition, there are little-known manufacturers of gaming software. For example, Merge Gaming Network is a developer of games for online portals.
The increased interest of local residents in gambling and the tireless work of the country's leadership in improving legislation is a factor in favor of the development of gambling business in Australia. Despite discussions about the feasibility of expanding the industry and stricter requirements for business organizers, the Australian market attracts many international operators. Over the past few months, several well-known companies have announced expansion activities:
In addition, in some states, and offered some relief. In particular, in Western Australia, the ban on gambling aboard casino liners has recently been lifted. For local users developed a special system of protection against ludomania. New regulations are planned to legalize at the federal level. Federal and state governments have reached agreement on most points. Taking into account these and other factors, experts predict the further successful development of the gambling business in Australia.
It must be said that Australians are lucky with Internet gambling. They are eagerly served by almost all virtual casinos, regardless of what software they use, under whose license they work, and where their servers are located. Therefore, the choice of players from Australia is very wide. Moreover, many reputable online casinos offer customers from the Green Continent to make deposits and make bets in Australian dollars that are convenient for them, and some even offer them toll-free support services.