Regulating Taxation Of Online Gambling In Australia

Subject to certain regulations, online gambling is legal in Australia. But, for example, it is illegal for online gambling operators in Australia to solicit or accept wagers from people in the United States. In addition, the Interactive Gambling Act prohibits the access of Australian residents to certain interactive gambling sites. It allows interactive sports betting and wagering services, but stipulates penalties for providing interactive gambling services to a customer physically present in Australia. An interactive gambling tax is paid by a licensee for each authorized game conducted in Australia.

The following questions have been addressed in this article:

What are the penalties levied under the Australian Interactive Gambling Act 2001?
Can residents of foreign countries gamble at online casinos in Australia?
Was it legal for Australia residents to use interactive gambling services during the moratorium period between May 2000 and May 2001?

Continue...

Facebook Twitter RSS