When determining how to place bets in Australia, it is very critical to understand the legal aspects of gambling. Even if you are just generally looking to place a bet, there are certain gambling laws in Australia which you should be aware of. This article aims to give you some helpful information so that you do not get into trouble with the law, or gamble away your hard-earned cash. If you don’t have time for reading it, here is an accredited source of online casino games in the country since 2018 – AllSpinsWin Casino.
Gambling Licensing: the Simple Guide for Aussies
Each form of gambling has different requirements and restrictions placed upon them. The laws and regulations surrounding the laws change all the time, so it would be virtually impossible to manage an up-to-date site that covers every aspect to consider. However, with the basics covered in this guide, there should be enough information to get Aussies started.
In short, in order to operate an online casino in Australia, a company needs to acquire a remote or land-based license. Both of these licenses have similar requirements and must be done through the gaming regulator. The only difference is that if a company has a land-based casino, it will automatically have the permission to operate a remote casino.
Australia has multiple jurisdictions but is generally governed by Commonwealth law. Each state has the power to make laws regarding gambling, given that such laws do not conflict with Commonwealth law. This may be why you see some differences in gambling rules between states. Additionally, Australian-based companies may extend their services to other jurisdictions within the country; however, these companies are subject to the laws of their home jurisdiction.
Australia has three main gambling laws, the Gambling Act 1996 (Cth), the Interactive Gambling Act 2001 (Cth) and the Australian Communications and Media Authority Act 2005 (ACMA). Despite these laws, there are still many forms of legalized gambling including: bookmakers, poker machines and clubs. In addition to these legalized forms of gambling there are also unregulated forms of gambling such as illegal bingo games and sports betting.
Anyway, in the territory there are two categories of licenses you will primarily meet, the Australian license and a local license. The Australian licenses are issued by the federal gambling commission, while a local license is issued by your state or territory. If you have any doubts regarding this matter, contact us immediately.
It’s still highly unregulated, but let’s get one thing clear: if you want to ensure your financial wellbeing as a player, make sure that wherever you’re playing has been assessed and approved by the powers that be. With that in mind, here’s the final word on licensing agreements and where you can play Australian online casinos to your heart’s content.
The Online Gambling licensing requirements in Australia are constantly changing, we’ll simply recommend that you contact local state authorities regarding the most up to date information on gambling legislation within Australia.
Land-Based & Remote Casinos
In order to operate a remote casino in Australia, companies must acquire a Class 4 Gaming Machine License from the gaming regulator, ARGC (Australian Remote Gambling Commission). The cost of this license is $10 000 AUD per year and is renewable annually.
The Australian online casino industry is overseen by the Australian Securities and Investments Commission (ASIC). In order to operate an online-based casino in Australia, a company needs to acquire either a remote or land-based license. Both of these licenses have similar requirements and must be done through the gaming regulator. The only difference is that if a company has a land-based casino, it will automatically have permission to operate a remote casino.
Verdict
At the end of the day, gambling and betting is legal in Australia for those who are at least eighteen years of age. There are also restrictions being placed on various forms of gambling, such as Interactive Gambling, but for the most part it is acceptable to play here. It’s always best to check with your local government if you want to be completely sure about your gambling rights and what boundaries you have to work within.
