What are online casinos?
During COVID-19, people began to spend more time at home. However, they wanted to have a good time as before. Online casinos are a great solution to brighten up your day and make money. This is the internet version of a traditional casino. Here you can play poker, slots, roulette, live casino, and more. In order not to worry about the legality of your actions on gambling platforms, we suggest that you read our article on the laws for online casinos in Australia.
This article was prepared with the help of the website https://online-casinoau.com/.
Is Gambling Legal In Australia?
If you are asking this question, then we are ready to dispel all your doubts. Gambling is legal in Australia, but not in all forms. Earlier Australian laws were soft and allowed to open any kind of establishment. Nowadays, such establishments still exist, but their activities may be limited.
Interactive Gambling Act 2001
The Interactive Gambling Act was the Australian Parliament’s way of addressing online gambling. At the time, Aussies were able to access locally based sites for real money games. Offshore gambling sites were also an option. This law targeted domestic operators and made it illegal for them to offer services to residents. It also made it an illegal offence to advertise Australian online gambling products and services locally (including all forms of media). The law permitted domestically based online sites to offer services to ‘designated countries,’ but not local citizens. The only form of domestic online wagering allowed was sports betting through a local service.
Who Regulates Gambling In Australia?
The regulation of gambling in Australia is twofold. There are some federal departments charged with broad regulation, but the primary responsibility lies with individual states and provinces. Here you can see some of the departments and their areas of responsibility:
- Australian Communications and Media Authority. Monitors telephone and online (remote) gambling
- Australian Center for Transaction Reporting and Analysis. Regulates money laundering activities
- Australian Federal Police. Ensures compliance with online gambling and finance laws
Minimum Gambling Age in Australia
In Australia, the minimum gambling age is standard nationwide. To enter an online casino in Australia, regardless of state, requires gamblers to meet the minimum age of eighteen. This fixed legal age applies to lottery ticket purchasing, sports betting and race betting, bingo, casino games, poker, slots, and all real money betting.
- What documents do I need to gamble in Australia?
Online casinos put players through an identity verification procedure before enabling them to withdraw money. To go through this process, you’ll need a scanned proof of identity (any document with your name and address, as well as a photo). The casino will also require proof of address. You’ll need to submit a recent utility bill or a bank statement with your name and address on it.
- Are online casinos AU profitable?
Yes, all online casinos are profitable. They still pay money to winners, but the games are designed in a way to keep the websites above the minimum level of profitability. Online gambling is profitable for players, too. These sites give you the same chances to win money as land-based casinos.
- Can I play in AUD dollars?
Most of the legal gambling sites accepting Australian players also accept AUD currency for transactions. This will include both deposits and payouts. Should a gambling site you visit not conduct business in AUD, they likely have a conversion mechanism in place so that you can still deposit using the Australian Dollar, or access to a deposit method that takes care of the currency conversion for you.