Various gambling laws are being changed in Australia in order to combat future gambling problems. Online gambling is on the up in Australia with a growth of 15% per annum and by putting these new restrictions in place, the government believes that these will impact the gambling industry in a positive way by allowing consumers to still bet online, but with greater control and less chance of getting into financial trouble.
Loopholes that allow online poker and casino playing to take place through unlicensed operators are being closed and those regarding in-play sports betting are being shut down.
Lawmakers are now looking to block ISPs to further shut down unlicensed operators, as well as introducing new restrictions that would make financial institutions refuse monetary transaction that involve both online gambling and unlicensed offshore sites.
All these to ensure that consumers are protected during online gambling play.