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Playing Online Casinos in Australia: Everything You Need to Know

Introduction

Australians are renowned globally for their gambling habits. Statistics indicate that Australians spent around $208 billion on gambling activities in the year 2016-17. This figure multiplied to nearly $242 billion in the subsequent years. Currently, the number of betting site australia engaging in games in 2020 is predicted to be around 2.3 million, a massive participation rate that constitutes 80% of the total adult population, the highest percentage for any nation.



The history of gambling in Australia traces back to its early days as a settlement for migrants. As the population of Australia grew and its culture emerged, gambling became one of the most popular pastimes for its people. Today, as indicated by the aforementioned statistics, Australia is considered one of the largest markets for casino gaming, whether online or offline.

Given that Australia is one of the biggest gambling markets globally, it's reasonable to shed light on some details about its gambling industry. That's precisely what this informative article aims to do: to provide readers with an overview of every little detail about Australia's gambling industry that one needs to know.

Regulating Australia's Gambling Industry

Australia's gambling industry encompasses online sports bookmaker in betting , offline betting, and gambling games. The statistics mentioned above encompass the entire gambling industry. In 2011, the rate of online casino gaming increased from 1% to 8%, and to date, it continues to rise alarmingly.

Due to Australians' fondness for gambling, their government has regulated their gambling habits since its inception. Presently, Australia's casino gaming industry is regulated by the Commonwealth Wealth in general. Its parts are regulated by states and territories, including the Australian Capital Territory Gambling and Racing Commission, the Independent Gambling Authority of South Australia, and the Liquor, Gaming, and Racing Office of New South Wales. In addition to these bodies, the Northern Territory Licensing Commission and the Victorian Commission for Gambling and Liquor Regulation are also included in this list.

The Rise of Online Gambling in Australia

The early 1900s saw the rise of online gambling in Australia, prompting the Australian government to devise ways to tax online gambling websites to generate revenue. Initially, the Australian Commonwealth Parliament attempted to restrict the interaction of online websites with Australian players by passing the Interactive Gambling Act in 2001.

However, this strategy failed as Australians' love for online gambling continued to surge, and international online casinos found ways to penetrate their homes. Therefore, in 2017, the Australian government amended the Interactive Gambling Act of 2001 to allow online gambling websites to operate after obtaining licenses. The amendments also included allowing more options for players to opt-out of online casino games whenever they wish and ways to prevent gambling addiction.

Over time, online casino gaming has become quite popular in Australia. Online casinos offer slot machines, poker, video poker, and all sorts of casino games that can be played easily from anywhere.

Top Online Casinos in Australia

Australia's online casino gaming market has become saturated, but players need to know which online casinos they should and should not trust with their money. Below is a list of the top online casinos in Australia. This list is based on attributes such as promotions and bonuses, friendly and accessible customer support, a wide variety of games offered, entertainment, compatibility with all types of devices and software, and the safety of currency transactions.

All these casinos offer live dealer games, poker, blackjack, roulette, baccarat, craps, keno, bingo, pai gow poker, let it ride, and three-card poker. Additionally, all these websites can be easily accessed on mobile devices and desktop/laptops.

Another reason why these 5 sites stand out compared to the rest of the online gambling websites is that they have minimum deposit thresholds and allow players to gamble with a small deposit of just $10.

Since real money is involved in online casinos in Australia, secure currency transactions are a major concern. The websites listed above provide secure currency transactions and easy withdrawal options. Their financial matters are resolved with the cooperation of companies like Visa, MasterCard, Skrill, Bitcoin, and Neteller, all of which support their payment methods, thus giving players the confidence to engage in the interactive gambling world without hesitation.

Online Casinos to Beware Of

Just as a list of the best interactive gambling websites has been compiled, similarly, some of the worst gambling websites are also listed here. They include Lake Palace, Vernons Casino, and Orange Gamez.

These websites have been blacklisted due to their scam rates and unfair casino gaming rules. Their payout rates are nowhere near the standards, and they are simply fraudulent. These websites do not provide real-time support for novice gamblers and lure them into their traps by having people post fake reviews about them.

Impact of Online Gambling on Australians

While the online gambling industry is booming in Australia on one hand, on the other hand, it is negatively impacting the lives of the public. Despite all efforts by the Australian government to prevent gambling addiction, Australian adults are falling into the relentless cycle of interactive gambling, resulting in an impact on their social lives.

From mood disorders to stress, anger, and resentment, all these are gradually settling into the lives of an Australian adult gambling.

These websites contain resources and provide support for those seeking help to overcome gambling addiction. These websites and helplines can also be accessed by family members or friends of the gambler in case they want to report the gambler's issues.

Conclusion

An overview of Australia's gambling industry and its statistics shows the reality that Australians not only have access to local gambling websites but also international online best bookmaker free bets. While the Australian government is trying its best to regulate the gambling industry and save their people from gambling addiction, the fact remains that online gambling is negatively impacting the minds and behaviors of Australian youths.

According to statistics, Australians lose nearly $25 billion annually on their gambling activities, which is a staggering amount. Although the top gambling websites listed here are the best in treating everyone fairly and supportive behavior, there is still much work to be done to curb the online gambling frenzy.
 

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