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The history of gambling in Australia dates back to its early days as a settlement for migrants. Gradually, as the population of Australia grew and its culture emerged, gambling became one of the most popular pastimes for the people. Today, as the current statistics indicate, betting site aus is considered one of the largest markets for casino gaming, whether online or offline.
Regulating the Australian Gambling Industry
The Australian gambling industry includes online sports the bookmaker in betting , online casino games, offline betting, and gambling games. The aforementioned statistics encompass the entire gambling industry. In 2011, the rate of online casino gaming increased from 1% to 8%, and to this day, this rate is alarmingly on the rise.
The Rise of Online Gambling in Australia
The early 1900s witnessed the rise of online gambling in Australia, prompting the Australian government to devise ways to tax online gambling websites to generate revenue. Initially, the Commonwealth Parliament of Australia attempted to limit the interaction of online websites with Australian players by passing the Interactive Gambling Act of 2001.
However, this strategy failed as Australians' love for online gambling continued to grow, and international online casinos found their way into their homes. Therefore, in 2017, the Australian government amended the Interactive Gambling Act of 2001 to allow online gambling websites a space 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 games have become quite popular in Australia. Online casinos offer slot machines, poker, video poker, and all kinds of casino games that can be easily played from anywhere.
>> See more: Summary of the bookmaker free bets no deposit in 2024
Best Online Casinos in Australia
The Australian online casino gaming market has become saturated, but players need to know which online casinos they can 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, customer-friendly support and accessibility, variety of games offered, entertainment, compatibility with all 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 are easily accessible on mobile devices and desktop/laptop computers.
Another reason why these five sites stand out from the rest of the online gambling websites is that they have a minimum deposit threshold and allow players to gamble with a small deposit of just $10.
Since real money is involved in Australian online casinos, safe currency transactions are a major concern. The websites listed above provide secure currency transactions and easy withdrawal options. Their financial issues are addressed with the cooperation of companies such as Visa, MasterCard, Skrill, Bitcoin, and Neteller, all of which support their payment methods, thereby giving players the confidence to participate 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 included here. They include Lake Palace, Vernons Casino, and Orange Gamez.
These websites have been blacklisted due to their scam rates and unfair gambling rules. Their payout rates are nowhere near the standard, and they are simply fraudulent. These websites do not provide real-time support for new 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 the efforts of the Australian government to prevent gambling addiction, Australian adults are falling into the endless cycle of interactive gambling, affecting their social lives.
From mood disorders to stress, anger, and resentment, all of these are gradually settling in the lives of an adult gambler in Australia.
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 if they wish to report the gambler's issues.
Conclusion
An overview of the Australian gambling industry and its statistics shows that Australians not only have access to local gambling websites but also international online casinos. While the Australian government is striving to regulate the gambling industry and save their people from gambling addiction, the reality is that online gambling is negatively impacting the minds and behaviors of Australian youth.
According to statistics, Australians lose nearly $25 billion annually to their gambling, which is a significant amount. Although the top gambling websites listed here are the best in treating everyone fairly and supportive behavior, much more needs to be done to curb the online gambling frenzy.