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Internet Gambling Law: There’s Hope Yet for Online Casinos in Australia

Posted on April 18th, 2010

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With land-based casinos giving huge revenues to the Australian government, it comes as no surprise that gambling in these casinos is not strictly prohibited to Australians, provided that the players are of legal age.

What comes as a surprise to Aussie players is the strict prohibition imposed upon them when trying to play in online casinos. Internet gambling laws in the country ban Aussie players currently residing in the country from playing in any online casino, whether based in the country itself or offshore.

What’s even more surprising is the fact that online casino operators may set-up their operations in Australia but may not accept players living in Australia at any given time. The only exceptions to this rule are online sports betting and poker sites.

But, online casino players in Australia may soon finally see the day when they will be allowed to legally play in online casinos, whether based in Australia or in other locations outside the country.

AUSTRALIAN INTERNET GAMBLING LAW IN BRIEF

The main points of the internet gambling law in Australia focus on the operators rather than on the players. In effect, online casino operators who accept Australian players residing the country at the time of the transaction will be sanctioned according to certain premises.

These premises include giving access to the site’s games to Aussie players living in Australia and penalties are from a quarter of a million to a million dollars, depending on the entities that provided the games to the players; whether individually or as a corporation.

The law also bans online casinos from accepting players from other countries, provided that said countries have enlisted themselves to be covered by the law and there are likewise similar laws prohibiting their players from internet gambling.

WHAT HAS BEEN IN EFFECT

While the internet gambling laws in Australia were implemented to discourage Australian players from online gambling and as a result, eliminate problems arising from too much gambling; online casinos are suffering from this major setback.

Perhaps to emphasize the Australian government’s desire for the strict adherence to these laws, online casino sites being accessed within Australia have been blocked. But with internet technology having weak points that can be easily manipulated, a lot of Australian players have still managed to get into these online casinos without being traced.

Most of the internet gambling websites Australian players, are based in offshore locations that are operating illegally hence making them outside the control of the Australian government.

EFFECTS ON THE REVENUES

What may be the catalyst that can change the future of online casinos are the millions of dollars that the government is losing in revenues. It has been approximated that almost 800 million dollars were earned by these internet gambling sites some two years ago, only from Aussie players.

Due to this astounding figure, the government may well consider legalizing online gambling for Australian players and simply putting in place certain regulations to still keep in check internet gambling in the country.

To date, there are ongoing debates as to where the future of internet gambling in the country stands. But, if the revenue potentials are to be considered, there might be a change of luck for these internet gambling sites.

With this latest development nearly in the offing, online casinos may well soon be considered as a potential revenue-increasing industry in the country. This is in effect will allow Aussie players to start enjoying their favorite online games without fear of breaking any laws.