Australian gambling: Authorities & Regulations In 2023
When it comes to gambling, it’s important to be familiar with the regulations that apply to your country and the institutions behind those norms. Every nation has a different gambling panorama, and governments try to keep everything balanced to avoid issues.
Of course, Australia is one of the many countries where gambling is permitted. However, it is quite regulated, and certain restrictions may apply. In fact, the Australian gambling industry is one of the world’s most controlled markets.
Thus, if you’re based in Australia, we advise you to get to know the authorities behind the industry and the norms that may apply to you. This way, you can protect yourself against potential situations and see what you can or cannot do when it comes to certain situations.
What is “gambling”?
Australia doesn’t have a specific definition for gambling. It can refer to any activity where you’re staking money or any valuable object on an event where the outcome is decided by chance. Thus, the concept also applies to horseracing and sports betting. All of these events, as well as online casino games, are considered to be “gambling” under Australian law.
A brief explanation of the Australian gambling authorities and regulations
As mentioned, different regulations apply to the Australian gambling industry. Next up, we’ll explain the rules that apply to operators and players and the general laws that apply to online gambling.