Experts warn against short-term fixes in Australia online review

Following months of controversy over “in-play” bets and growing offshore wagering, the Australian government has said it will launch a review of the country’s online gambling act. The terms of reference for the review have not been finalized, but it is expected to look at live-sports betting, the regulation of offshore gambling operations and the regulatory changes required as a result of technological advancements within the industry. At present, the Interactive Gambling Act 2001 prohibits the provision and advertising of online gambling to Australian residents and prohibits “in-play” betting for live sporting and racing events online. Regulation of gambling in Australia primarily rests with State and Territory governments, but with many critics labelling Australia’s 2001 Interactive Gambling Act outdated, the review aims to develop a “national approach to gambling policy … in a cohesive and consultative way.” Part of the pressure for the review has come from the country’s racing industry on concern...

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