Gambling regulation in Australia.
In order to obtain Australian gambling license, you first need to understand the laws of Australia and each state separately. The main law that regulates gambling is the Interactive Gambling Act, passed by the Parliament of the Commonwealth of Australia in 2001. This law also made online gambling legal and regulated. And in 2017, an amendment was introduced to require additional licensing of gambling establishments by Australian authorities, which also added ways for players to opt out of gambling protections.
According to the 2001 law, the following are prohibited in Australia:
- Unlicensed iGaming products offered to Australians.
- Offering Australian iGaming products to other countries.
The law also prohibits most online gambling, from poker to roulette, blackjack and online poker. One thing it does not prohibit is auto racing and sports betting, as long as the betting is not done while the game is in progress, as well as online lotteries.
However, the government allows overseas providers to obtain an Australian gambling license, and players are free to choose any sites available to them and participate in online games, card games, virtual slot machines, pokies, etc.
Obtaining a gambling license in Australia.
While each state has its own gambling regulator, such as the Australian Capital Territory Gaming and Racing Commission; New South Wales Liquor, Gaming and Racing Office; Northern Territory Licensing Commission and others, common features and specificities are still visible.
Some common features of the requirements that are provided to applicants for a gambling license in Australia. The licensee is obliged:
- Cooperate with law enforcement agencies;
- Monitor the security of financial transactions;
- Limit the flow of financial resources (to avoid money laundering);
- Recruitment of personnel is carried out on the basis of an objective selection of candidates. All employees must be accredited and professional;
- Also, the licensee must store users’ personal information and worry about confidentiality;
- Play fair and fight crime through preventive measures.
Before buying a gambling license in Australia, casino operators are recommended to familiarize themselves with advertising laws: gambling companies do not have the right to advertise online games.
