Topic Gaming & wagering Australian Financial Review
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If it is registered in Australia, it is bound by Australian laws and protections and you have redress to Australian laws if you have a dispute with the gambling company. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. It also called for better collaboration with overseas regulators, especially in places like Curaçao where illegal sites proliferate. The committee recommended blocking transactions to illegal gambling operators, and “stronger sanctions for companies and known individuals who profit from illegal gambling”.
One thing is for sure, there is unlikely to be any movement on the online gambling front with neither Labor or Liberal showing any interest in opening this can of worms back up, not in an election year anyway. The Government can regulate and tax online gambling and in turn make it a safer environment for Australians. What we would hate to see, is the current situation surrounding land-based casinos, where there are only several licenses and poor competition as red tape forces monopolies.
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