AU $1000 Bonus
AU $750 Bonus
AU $250 Bonus
AU $500 BonusThe Australian Government has rejected the Australian Productivity Commissions recent report by stating that it has no plans at present to open up online gambling in the country by liberalising Australian gaming laws.
The Australian Productivity Commission recommended that the 2001 Interactive Gambling Act be repealed so that online gambling in Australia could be controlled and therefore taxed.
There are many supporters of the report who feel that the Government should look more closely at the report because it makes some very valid points. If the Government is concerned about responsible online gambling they could see that these concerns are, in fact, addressed in the report.
Australian gambling laws, along with some other countries, notably America, are very restrictive as they stand currently.
Only Government approved providers are legally allowed to offer internet poker, casino gaming and sports betting. As a consequence most Australians play at offshore casinos, some of which may not be well regulated, but all of which pay no taxes to the Australian Government.
With an estimated $1 billion spent by Australians each year on these sites, this is a huge loss of potential tax revenue.
