Australia government looks to regulate online gambling with overseas providers!

Online gambling in Australia is becoming more and more popular like in the rest of the of the world.

Are you aware that players from Australia spend significantly more than $ 2 million on on the web gambling through operators located overseas!?

AUs spend 2.1 million dollars every month

This is why the Australia government is concerned that money just isn't being returned to the local communities and so they decided that they have to somehow stop it or reduce it according to AUherald.

Internal Affairs Minister Tracey Martin has released a discussion document with four possible reforms, which are not harmful to either players or on the web casino owners.

Specifically, one of the reforms involves issuing licenses to offshore operators.

Minister Tracey Martin said she was shocked at the amount of money spent on online gambling.

The Statistics Australia Government says that before 1 . 5 years spent over 381 million dollars on real money online casinos that are based outside AU.

That is 2.1 million dollars a month.

This is the plan for the future

In the document, the 4 options are outlined:

  • Licensing of domestic and overseas operators
  • Status quo
  • Gambling products Lotto and Tab will be extended
  • Licensing the domestic operators

Minister Tracey has additionally said that govt intensions are not to stop Australiaers to gamble because they relish it, because it become so big they've to modify it.

This is not so bad news for players or overseas casinos, because the new law won't make any changes on the industry want it was in Sweden and other countries.