Gambling Laws in Australia Spark Growth in Online Gaming
Gambling laws in Australia have become increasingly strict, with regulations for physical casino operators becoming more stringent, particularly on a state level. Despite this, casino gaming continues to be a popular pastime in the country, with statistics showing that a majority of adults have spent money on some form of wagering.
In the financial year between 1 July 2022 and 30 June 2023, around 73% of adults engaged in some form of gambling, and two in five people gambled weekly. The casino gaming industry generated revenues of AU$5.8 billion in Australia, primarily from physical gaming activities such as brick-and-mortar casino venues, clubs, and hotels featuring electronic gaming machines like pokies.
While regulations for physical venues are strict, the online gambling market has seen a surge in popularity. This has raised concerns about finding safe and legitimate online venues for gamers. Analysts predict that the online gambling market will be worth almost AU$17 billion by the end of 2023, and estimates show the industry could be worth over AU$20 billion by 2027.
This increase in online gambling has raised concerns about responsible gaming. The government in Victoria introduced new regulations for poker machines earlier in 2023, aimed at reducing problem gambling. Premier Daniel Andrews stated that while gambling is a legitimate recreational activity for many, it is also the cause of profound harm for some.
In response to the new regulations, some operators have criticized the government for what they view as hyper-regulation. However, the Community Clubs Victoria (CCV) has expressed support for compliance and self-exclusion programs, while remaining concerned about the migration of gambling to the online space.
As the industry continues to evolve, finding safe and trustworthy online gambling sites has become more challenging. CasinoAus reviewers and experts have made it their mission to provide players with in-depth guides and information on reputable online operators, while also warning against blacklisted sites.
Despite the strict regulations, the demand for safe and quality casino games remains high in Australia. The gambling industry continues to grow, but experts emphasize the importance of responsible gaming and finding a balance in gambling activity.