“Only a matter of time before online gambling becomes legal in Australia”

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Wagerallsports

Wagerallsports

Joined
Mar 6, 2018
Messages
41,217
[h=4]“Only a matter of time before online gambling becomes legal in Australia”[/h]

Inside Asian Gaming · August 14, 2018


It is “only a matter of time” before Australian lawmakers act to make online gambling legal, according to leading authorities in the field.

Speaking at this week’s Gaming, Racing and Wagering Australia (GRWA) conference in Sydney, GamePlan Consultants founder Sudhir Kalé said that he expects authorities to revisit Australia’s Interactive Gambling Act in the near future in order to alleviate the prevalence of Australians using illegal offshore gaming sites and to boost tax revenue. Under current laws, online gaming in Australia is restricted primarily to a handful of licensed sports betting sites. Daily Fantasy Sports giant DraftKings has also been granted a license to offer its services to Australia, however casino gaming and online poker remain frozen out as per a tightening of the Interactive Gambling Act in late 2017.

“In my opinion, it is only a matter of time before online gaming becomes legal in Australia,” Kalé told industry representatives during a presentation at GRWA on Tuesday.

“That’s the logical step to avoid losing valuable tax revenue to offshore operators and it’s what the Productivity Commission has recommended.”

Kalé’s prediction also received support from the Executive Director of the Office of Liquor and Gaming Regulation Queensland, Michael Sarquis.

Asked for his thoughts on the issue, Sarquis told Inside Asian Gaming, “If you prohibit something you create a black market and that has been one of the concerns in Australia – that the offshore provision of online gambling has been a problem. The Commonwealth is moving to address that.

“It’s my personal view that at some time in the future (online gaming) will be legalized within a properly regulatory framework. That’s not the view of the Queensland government, it’s just personal view.”
 

Wagerallsports

Wagerallsports

Joined
Mar 6, 2018
Messages
41,217
They keep saying that but nothing has changed in all these years. Their fault for being so stubborn.



Same scenario in the states but finally happened.

Maybe legalization in the U.S. helps Australia finally get it done

cheers.gif
.
 

GreenAcres

GreenAcres

Joined
Mar 21, 2018
Messages
102
Same scenario in the states but finally happened.

Maybe legalization in the U.S. helps Australia finally get it done

cheers.gif
.

Let's hope so. It's a bit ridiculous that we can place a sports bet or spend money on poker machines at thousands of bricks and mortar shops within probably three blocks of every house in any city but yet online casino and live betting is so dangerous apparently. Makes no sense.
 

BMR_Brad

BMR_Brad

Joined
Jun 4, 2016
Messages
1,365
Let's hope so. It's a bit ridiculous that we can place a sports bet or spend money on poker machines at thousands of bricks and mortar shops within probably three blocks of every house in any city but yet online casino and live betting is so dangerous apparently. Makes no sense.

I think it's a decision based on genuinely trying to lower gambling problems, rather than something money motivated at least.

I guess it was done to appease Xenophon or something like that though.
 
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