Online casino gambling has always been popular with Australians. Ever since the online gambling industry was spawned in the 90s and one of the first legalized online casinos - Lasseters - began taking bets, the Australian market has been a hot spot for online casinos, poker rooms and bookies.
However, after the passing of the 2001 Interactive Gambling Act, the landscape of Australian online casinos began to change.
The 2001 Interactive Gambling Act is somewhat tricky, for it allows Australian citizens to gamble online, yet does not allow online casinos - whether offshore or based in Australia - to offer betting services to Australian citizens. It is sort of a catch-22 designed to protect Australian citizens from rogue online casinos and discourage problem gambling.
The debate continues as gambling is viewed as a dangerous addiction by many, but online casinos remain as a good source of revenue. In addition, the websites sometimes have banners that carry offensive material that would be inappropriate for children, even though the law prohibits gambling to those under the age of 18. Basically, the act says you cannot be penalized for gambling online, but it protects you from fake online casinos and puts measures in place to avoid problem gambling.
However, there are plenty of reputable Australian online casinos which their government does not seem to mind. In fact, Australian online casinos are some of the busiest on the Web right now.
Stats show that Australia has a higher online gambling rate per capital than the UK and the U.S., and there are no signs foretelling any changes. As of 2009, a large number of operators are lining up to solicit media advertising services in hope of getting their fair share of the market.
The good news for Australian citizens is that they now have a wide variety of online casinos to choose from, including the top licenses being powered by the top software providers, such as Microgaming. Without question, the most popular casino software developer in the world is Microgaming, and it powers the top Australian online casinos in business today. There are more than 480 online casinos in Oceania, a majority of which operate from Australia. Best of all, most of them offer better payouts than land-based ones.
This page was updated on May 21, 2010.