Due to the current legislative climate with regard to online gambling in Australia software giants like Playtech, Microgaming and Net Entertainment no longer accept Aussie players.
The only software vendors that still accept players from this jurisdiction are RTG (RealTime Gaming), Betsoft, Saucify and Rival powered casinos. Australians can deposit and play in Australian dollars, they offer a myriad of deposit and withdrawal methods including credit/debits (Visa, MasterCard), ewallets (Skrill, Neteller), bank wire, checks and Bitcoin. Their game libraries list a robust selection of downloadable and browser-based slots (3, 5 reel and 3D slots), table games (baccarat, blackjack, craps, roulette), video poker, live casinos and specialty games (bingo, keno and scratch cards).
”Laws currently in effect are based around Australian gambling companies and licensing. It is illegal to operate a Web-based casino in Australia, but it is not illegal to play at one.”
What Does The Future Hold For Online Casinos in Australia?
The reason why the Australian government banned online casinos accepting Australian players is because they want their citizens to play in a safe and fully regulated environment. The Interactive Gambling Amendment Act was introduced to the Communications Minister Mitch Fifield in 2016. The Bill was implemented in September 2017, it places live betting services under the magnifying glass because the foreign based online sports betting sites found a loophole by simulation a phone call dubbed ”click to call”.
Human Services Minister Alan Tudge said that there are hundreds of unlicensed online casinos and sports betting sites that can be easily accessed by Australians. He believes it poses a severe problem because 2.7% of all Australians gambling at offshore operators are problem gamblers. Once the new law is rolled out offshore gaming sites will be prosecuted by the Australian Communications Authority (ACMA) if they continue to target Australian punters.
The Interactive Gambling Act (IAG) of 2001 has set the stage for some exciting changes, presently it prohibits unlicensed Australian betting, casino and poker sites from targeting Australian players. Once the amendments of the IGA are in full force Australia will become one of the powerhouses of the online gambling industry.
Before an operator can apply for a license it must prove to the Australian government that it has the necessary resources and it must meet the criteria set forth by it. It’s believed once all the formalities are sorted online poker will be given a trial period, but operators won’t be able to list casino games such as slots or table games on their sites.
What will happen to online casinos who operate illegally in the country? The IGA will slap them with severe penalties that includes heavy fines and their websites will be shut down permanently. The idea behind the new law is to curtail the possible harm online gambling can cause. Also, if operators are licensed in Australia the government will be able to prevent any form of match fixing.
In summary. Because of the exponential growth of online gambling and in Australia in particular it prompted the Australian government to create the Interactive Gambling Act (IGA). Amended in 2016, the bill restricts foreign based operators (Malta and UK regulated) to offer their services to Australian punters, this is why many of the top online casinos closed down shop in the country and no longer accept Australian bettors.