The Legality of Online Gambling in Australia
Many software developers have recognized the prospects of the Australian market as a hotspot for online gaming. This is the reason why when online gambling is still developing in many other countries, it has already reached its full-blown popularity in Australia. But what changed the face of gambling in Australia is the Interactive Gambling Act of 2001.
The Interactive Gambling Act of 2001is quite complicated to understand but is said to have been passed to protect its citizens from the negative effects of too much online gambling. Under the said law, it is against the law to provide online gambling service to those present in Australia but it is not illegal for residents of Australia to play online casino games. It covers all online gambling service providers located in Australia or overseas.
Despite the strictness of their gambling rules, online casino Australia provides the government with 4% of total revenues being collected annually.