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Author Topic: Online Casinos for Australians?  (Read 158 times)

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kav

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Online Casinos for Australians?
« on: April 08, 2018, 12:41:37 AM »
First it was US players who had restrictions in online gambling.

Now it's Australians too:

QUOTE   ================

So I'm a long way behind the 8 ball on this, as I have mentioned I'm not a regular gambler. And only the last couple of days have I realised the effect of the new Australian interactive gaming amendment act. So being a little unhappy to find one of my guilty pleasures being taken away from me like a punished child, I spent most of today scanning the Internet for information. Most of you will already know all of this, but I thought I'd make a short summary of my findings should any other disgruntled Aussie wander into this thread looking for information.

So... the laws passed recently is to directly prevent gambling providers from providing services to Australian players under threat of heavy fines. what this means is that gaming providers and casino's that operate under offshore licences and regulations, that is providers and casino's that operate legally and generally come with the trust of the gambling community have withdrawn support for Australian players. The result is Casino's that have been safe havens for players are no longer available to Australians, further, providers such as Microgaming and NetEnt have withdrawn support for Aussie players along with payment processors such as neteller.

Now it is important to note that these providers, and I will use the example of NetEnt here, have shown a willingness to work with various global regulations, and have applied for and gained licences with other countries in similar situations to continue to provide their games, and this includes paying tax to the countries in question. The IGA act holds that providers will not be permitted to provide their games to Australians without a licence. great! so NetEnt just needs to apply for and obtain a licence right? well as it happens, Australia has no government body to provide such a licence, and it would seem no plans to create such a body or implement the means to provide such a licence.

So where are we now... Players can still legally gamble online there is no penalty, however providers are threatened with heavy fines, so it's up the player to find casino's that are willing to support Australian players at their own risk. currently some casino's that Hold licences in Malta and united Kingdom are continuing to accept Australian players with a wait and see approach, the only payment methods available in most cases are credit card and bitcoin. So the current landscape for Aussie gamblers is that there are vastly fewer safe places for online gambling, by it's very nature the law targets those casino's that offer a fair and regulated gaming environment, but it remains to be seen whether it will see any reduction in 'dodgy' online gambling venues.

I tried to be objective in writing this post but to be honest I'm a little unhappy so probably doesn't come across that way. Truth is I gamble so infrequently that I can probably live without, but the handling of this law and the implications, in my opinion, has been a backward step that makes gambling more dangerous. And I don't like having my toys taken away from me.

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Hmmm... It seems governments hate missing on taxing casino operations.
But instead of banning online play they could just sell licenses to online casinos.
Then maybe the Brick and Mortar casino lobby would be upset?
I don't know. What's your take on this?
Anyone from Australia?