Many people take gambling as an activity and as a source of entertainment. Others indulge in it for the financial benefits. Online gambling is very popular in Australia, and we will look at the prospects in the region.

A Potential Market

Gambling is among the popular ways of entertainment for the teeming population of players in Australia. Reports have it that over 80% of adults in the country are gambling addicts, and online casinos are the favorite spots for their games. This pitches the region as one of the highest in online gambling.

Regulations in the Offing

The growth of online casino in Australia encountered a cog in the wheels. Regulations became the in-thing, as many legislations came on board to check the excesses in the system. Before the implementation of the Interactive Gambling Act (IGA) of 2001, many people regarded interactive gambling on online casinos as an illegal activity. Thus, it was important to regulate the process.

However, the major focus was on online gambling platforms (casinos) and their operators. The Act clamped down on the advertisement of online gambling (either through the digital or print media). The clampdown also extended to the advertisement of interactive gambling or any other real-money related activity. To make it effective, the regulators extended the scope of the regulation to cover “designated countries”, which are areas that the clampdown covers. However, Australian-based are free to extend their interactive gambling services to players outside Australia.

Stepping down the Restrictions

Despite the stringent laws behind online gambling, there is a new lease of life for players. The Interactive Gambling Act of 2001 is specifically for online operators and not the players. To this end, gamblers are free to participate in interactive gambling because of its regard as a hobby and recreational activity. Thus, players are tax-free despite the winnings that come through this.

Where can I play?

Do you reside in Australia and want to take part in interactive gambling? Here is a list of some offshore online casinos that you can play and earn real money:

• BitStarz Casino
• Casino Moons
• EmuCasino
• Joe Fortune
• Ignition Casino
• Fair Go Casino
• Grande Vegas
• Planet 7
• Slot Madness

Final Thoughts

Do you have some time to spare? Why don’t you hitch a ride to riches by playing at any of the casinos o the list? You will be glad you did!