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Casino with Australian Dollar

THERE ARE NO NETENT CASINOS IN AUSTRALIAN DOLLAR

Play in a casino with Australian Dollar

Even though they often call Australia the ‘Lucky Country’, it was only in 1973 that the first legal land-based casino in the country opened. It is because of this fact that Australia’s gambling industry is relatively new in comparison to many gambling industries elsewhere in the world.

The same goes for the online gambling industry that officially shut down in 2001. It is thanks to the weakly implemented Interactive Gambling Act (IGA) that Aussies kept on making use of gambling sites to bet on sports, play online pokies at NetEnt casinos, and online poker.

Australian online gambling laws

While offering ‘real money’, gambling to Australian players is prohibited. It’s the Interactive Gambling Act of 2001 (IGA) that prohibits online gambling. Nevertheless, the country’s citizens are allowed to access online casino sites and play with real money.

A confusing situation if you ask me. Especially because overseas operators are pretty active in Australia these days. The same goes for the Australian population. They say that 80% of them uses an online gambling site at least once a year.

They mainly bet on sports, play online table games or video slots. The latter are also called pokies in Australia, the country of the kangaroos and koalas.

Whether operators can or cannot accept Australian players to access their sites remains a slightly grey area. The Australian gambling laws seem to prohibit any type of online gambling not supported by the government. But regulations are not happening either.

With the majority of online casinos ignoring the IGA with casino licences granted elsewhere in the world, they offer online casino games to numerous countries worldwide. Many Australian players found a way to gambling sites in the past years. They often play at international casino sites.

Recently, the Australian Gaming Regulator ACMA started to block offshore operators.

Legalize and Regulate

Nowadays, many governments all around the world accept the fact that online gambling is here to stay. And that resistance is useless. The only way to control online gambling is to legalize and regulate online casinos, accepting offshore operators as well.

This last because the largest operators have been around since the first casino sites appeared on the internet in the mid 90’s, often based in European iGaming jurisdictions such as Malta, Gibraltar, UK, Alderney, and Isle of Man.

The government failed to keep the Aussies away from offshore gambling sites. Therefore, in 2012 the government started to look for ways to legalize online gambling.

When regulated, the income stream goes directly into the Government’s coffers instead of those from offshore governments.

If controlled and managed correctly, Australian online casinos could be a good source of income. Income comes from licensing fees and taxes.

Australian online casinos

Waiting for regulations regarding Australian online casinos, many operators found a way to the iGaming world Down Under.

The majority of the overseas operators targeting Australian players have been successful in Europe already and, therefore, have the resources to expand their horizons.

Therefore, I’m pretty sure that when you are from Down Under, you appreciate any online casino that might offer the Australian Dollar.