Australia’s Love for Gambling and The Gambling Legislation in Each Territory

When one talks about gambling, the sin city, Las Vegas, is usually what most think about. This is why everyone can quickly assume that the US has the greatest number of gamblers worldwide. However, this isn’t really the case.

When based on the amount of losses that many gambling countries have each year, Australia is on the top spot with an average loss of $1,288.00 per adult. This is followed by Singapore with $1,174 per adult and Ireland with $588 worth of losses per adult.

Australia allows almost all types of gamblingand this mainly why people in this country are just hooked. In fact, over 80 percent of the adult population in Australia have already engaged in gambling of any kind. This percentage is actually the highest rate worldwide.

The gambling industry in Australia makes around 8 percent of the state and territory taxation. This local gambling industry is worth billions of dollars and this could be why the Australian government can’t completely ban gambling despite the addiction of many Australians towards it.

While this could also be good for Australia’s economy, the country is also facing serious gambling problems. The government is continuously trying to find ways to remedy this. Even banks in Australia charge higher interest rates on anything that concerns gambling.

While it seems that they still completely embrace gambling in general, online gambling is strictly regulated in Australia. The Interactive Gambling Act of 2001 is what helps govern the gambling activities in the country online. It states that online operators are not allowed to offer online gambling services to the people of Australia.

This law applies to both off-shore and local gambling operators. However, accessing and using gaming services from online casinos are not illegal in the country. This means that Australian companies are given the opportunity to offer their services to people located outside the country.

While this sounds like the locals aren’t allowed to play casino games online, there is really nothing in the bill that makes online gambling illegal. This is why Australian still flock the internet to play their favorite games.

When it comes to the most played games in Australia, it has to be the pokies or slot machines. Indeed, pokies and slots are the same things, so don’t get yourself confused. Australia has over 200,000 pokies machine all throughout the country.

Most of these electronic gaming machines are found in New South Wales. NSW has around half of the country’s poker machines. This is also the game that most Australian adults are losing money on. Aside from pokies, Australians also love to wager on sports and visit land-based casinos.

As if the 200,000 pokies machines are not enough, Australians also love to play pokies online. This is followed by other staple casino games like Blackjack, Poker, and Baccarat. lets the local players know what sites offer the best deals and games in the country.

Now, this country is indeed allowing its locals to still get into their favorite ways to gamble as they also remedy the gambling problems that they have. This is why each state or territory in the country have different specifics when it comes to how gambling is regulated in their areas.

The Australian government and constitution provide each federal government bodies in all territories of Australia. This means that each local government is allowed to have their own policies and regulations with regard to important matters like trade, money, and telecommunications. This includes the regulation of gambling in each territory.

For Victoria, the Victorian Commission for Liquor and Gambling Regulation is the authority responsible for ensuring compliance and licensing in the area. In New South Wales, the Liquor and Gaming New South Wales is who’s responsible for that.

Queensland has the Queensland Office of Liquor and Gaming Regulation that’s responsible for licensing. It’s the Office of Regulatory Policy who is responsible for indigenous policy in the territory. ACT’s The Gambling and Racing Commission is who’s in charge of the Minister for Regulatory Services.

The Tasmanian Liquor and Gaming Commission is with the Department of Treasury and Finance in Tasmania. The Western Australian Department of Racing, Gaming, and Liquor who’s also responsible for licensing, policies, and compliance of gambling operators in Western Australia.

The Northern Territory has the NTRC that’s responsible for compliance. Licensing NT is responsible for licensing. Both are within the NT department of the Attorney-General and Justice.

Lastly, South Australia has the Independent Gambling Authority who’s responsible for the regulation of casinos, electronic gaming machines, wagering, lotteries, and other gambling initiatives.

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