Last Updated on November 10, 2022 by Tabraiz
Australia is considered to be one of the countries where gambling industry is fully legalized. About 6 million dollars is spent every year on gambling. After carrying out the analytical research, it has been revealed that Australians prefer to visit virtual gambling platforms more. They are followed by slot machines located outside of land-based gambling clubs in specially designated areas. There are a large number of bars with “one-armed bandits” on their premises.
The last place in popularity is occupied by the elite land-based casinos. More than 400 establishments where you can try your luck in the gambling industry are currently registered in Australia.
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Features of the Gambling Industry of the Country
Every modern Internet user has probably heard at least once in his life about the gambling industry and games of chance. If he does not know these concepts, he can go to the following link https://en.wikipedia.org/wiki/Gambling and get acquainted with the key parameters of this sphere of activity. Each country has its own legal framework, which regulates all aspects of gambling clubs and gambling services. Though gambling became much more popular and started to develop actively, the legislation of Australia is still rather complicated. Such regularity is caused by the political structure of the Australian state. There are 8 jurisdictions within the federation. As a result, all power is divided between the federation government and the states’ governing authorities.
The federal government is only responsible for a small part of gambling regulation. It is also worth emphasizing that each jurisdiction creates its own legislative framework, which is responsible for controlling the development and establishment of gambling. It is for this reason that many legislative acts have differences in their provisions.
For example, the laws in New South Wales are used to regulate land-based gambling establishments and online venues. In Victoria, the specifics of the gambling business are spelled out to the smallest detail. In simple words, the law clearly describes all the requirements that must be met by operators of gaming software during its development, the owners of virtual resources, and land-based casinos.
What Legislative Acts Are in Force in Australia?
Gambling regulation at the legislative level differs depending on the considered territory. However, all states are subject to the same law, which can be found in the following article https://thelawreviews.co.uk/title/the-gambling-law-review/australia. You will find below information about the laws that apply in the specific regions:
|Sydney||Laws on casino control, racing, sporting events, gambling, betting, lotteries.|
|New South Wales||Legislative documents on the activities of clubs that are officially registered, control of land-based casinos, lotteries for the public, betting on totalizators, legal and illegal gambling entertainment, slot machines, taxes imposed on the installation and operation of gaming machines.|
|Victoria||Gambling activities are controlled by laws on the regulation of games, the management of casinos.|
|Northern Australia||All gambling establishments are subject to legislative documents that address the licensing of the gambling industry in the Northern Regions. Gambling entertainment is also subject to the control of betting, racing, slot machines and gaming control laws.|
|South Australia||In this territory, gambling clubs and the entertainment they offer are regulated by laws on lotteries, slot machines, casinos, and fixed bets.|
|Western Australia||The gambling industry in the region is inspected by regulators based on legislated documents on gambling entertainment, racing, taxation on racing, and control of betting on sports.|
The listed legislative provisions of the country have been passed by officials at various times, starting from 1936 and ending in 2006.
State Gambling Regulators
The activities of land-based gambling establishments and online casinos are constantly monitored by the agencies. You can find information about them at https://www.slotsup.com/online-casinos/australia-au. They are different for each region:
- Gambling and Racing Commission (the capital and surrounding area);
- Independent Gambling Authority (cities in the southern region);
- Commission for Gambling and Liquor Regulation (Victoria Territory);
- Tasmanian Gaming Commission (Tasmanian region) и др.
Despite the fact that each city has its own government agencies, their functional responsibilities are similar. Their primary tasks are to issue permits, control the functioning of gambling clubs, and their observance of requirements spelled out in laws. They also make sure that the terms of Fair Go casino payout time are observed since it is the money issues that interest the clients of gambling establishments the most.
What Kinds of Games are Subject to Licensing?
According to a legislative base of Australia, all gambling games are conditionally divided into several categories, the names of which can differ slightly in separate states. As a rule, there are the following types: casino entertainment (roulette, poker, games at card tables), slot machines, keno, bets on sports events, lotteries, and races.
How to Get a License?
To obtain an official authorization document, the owner of a gambling business must collect a package of documents and, together with the application, submit it to the regulator for consideration. The application includes the following documentation:
- passport data of the business organizer;
- certificate of no criminal record;
- financial reports confirming the solvency of the individual;
- Documentation that serves as proof of 100% compliance of the gaming equipment and premises for the organization of the business with the established requirements;
- Receipt of payment of commissions and taxes.
Certain state jurisdictions have the right to request additional documents from the applicant.