During the 2023 FIFA Women’s World Cup, the Australian Communications and Media Authority (ACMA) scrutinised 220 websites, identifying over two dozen crypto gambling operators operating illegally in Australia.
Of the 21 services investigated, 18 were found operating without proper licensing. ACMA has taken enforcement action against these offenders, with three companies voluntarily withdrawing operations.
Compliance Challenges
Despite warnings, 15 operators have still not responded to ACMA’s directives, leading to their inclusion in the list of over 900 banned illegal gambling services in Australia.
Gambling Act 2001
Australia strictly enforces the Interactive Gambling Act 2001, which does not allow gambling sites from operating within its borders, including online casinos and sports betting platforms.
The Gambling Act Explained in Layman Terms without All the Legal Jargon
The Australian Gambling Act of 2001 is like a rulebook created by the government. Moreover, to make sure gambling is done fairly and safely in Australia. It’s not just about casinos; it covers everything from betting on sports to playing games online. The main idea is to keep gambling fun for everyone while making sure nobody gets hurt.
One big thing the law does is make sure that gambling companies play by the rules. If a company wants to run a gambling website or open a casino, they have to get permission first. It’s like asking for a special pass. If they don’t follow the rules, they can get into trouble and might even have to pay fines.
Another important part of the law is to protect people who like to gamble. It makes sure companies don’t cheat or trick their customers. Plus, it helps people who might have trouble with gambling by offering support and setting limits on how much they can spend. Basically, the law tries to keep the fun in gambling. However, still ensuring everyone stays safe and doesn’t get into too much trouble.
Ensuring Consumer Protection
Carolyn Lidgerwood, Head of Online Gambling at ACMA, emphasises the lack of consumer protection offered by offshore sites targeting Australians without proper licensing, cautioning players against engaging with them.
Vigilance Against Illegal Operators
ACMA maintains its vigilance and commitment to prosecuting illegal gambling websites that unlawfully target Australian consumers.
Crypto’s Role in Illegal Gambling
Many of the banned offshore casinos and sportsbooks in Australia have leveraged crypto payments, highlighting the need for continued regulatory oversight in the evolving landscape of online gambling.
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