According to the latest statistics, Australia is considered one of the most profitable gambling markets in the world. Undoubtedly, many operators want to start their business in this promising country. However, the Australian gambling laws have some limitations. Learn more about the specifics of running a gambling business in Australia with the 2WinPower team.
The gambling business in Australia has been developing for a long time. The first laws regulating the activities of the industry were adopted at the beginning of the 20th century. Sociological and economic studies show that Australians are big gambling enthusiasts.
Every year, residents of the country spend about $6 million on games of chance, betting and other entertainments. People of different ages visit various gambling establishments. There are more than 400 betshops, casinos, and lottery kiosks within the state.
The favourite entertainments of Australians are as follows:
Is gambling legal in Australia? According to the Australian gambling laws, all types of gambling are allowed throughout the country. However, it should be noted that Australia is a federal state. It includes 8 jurisdictions.
Each region has its own rules and restrictions (especially when it comes to the online sector). Therefore, if you want to start a casino in Australia, you should study gambling law in Australia 2020 very carefully.
For example, New South Wales legislation is quite loyal to virtual gambling. The rules for conducting land-based and online business are almost the same here. In the meantime, Victoria imposes some strict limitations on operators working in the field of virtual gaming services.
The situation with online gambling business in Australia is rather ambiguous. According to the Interactive Gambling Act (2001), virtual gaming is allowed in the country. Nevertheless, it is prohibited to provide paid services to Australian residents (i.e. real money games).
At the same time, it is not forbidden to provide paid services to residents of many other states. To obtain an Australian casino license, it is necessary to open and register a company within the country.
Besides, no casino law in Australia prohibits the activities of foreign online resources. Moreover, no sanctions are provided for gamblers visiting such websites. Thousands of Australian players use online casinos of famous international gambling brands every day.
It follows from this that businessmen wishing to open gambling projects in Australia should get an offshore jurisdiction license (the Isle of Man, Curacao, Kahnawake, Costa Rica, etc.). Having an international permit will help you work following gambling law in Australia 2020.
Australian gamblers prefer traditional entertainment, for example:
Operators wishing to enter the gambling market in Australia should consider these trends. Many successful companies combine different activities rather effectively.
For example, the British brand William Hill, which has been running gambling business in Australia for many years, has been providing its customers with a whole range of services (sports betting, casino, poker, bingo, live entertainments, and others). A broad assortment of offers will help you expand your potential audience.
It is also worth noting that Australia is well-known not only for the loyal attitude of the population to the games of chance but also for the high level of development of the game content creation field. The company Aristocrat is considered one of the best manufacturers of casino software in Australia and all over the world.
There are two main ways to launch an Australian gambling business:
The development of a turnkey casino in Australia includes the following options:
Operators prefer to start online gambling establishments in Australia buying ready-made projects for the following reasons:
Saving money and financial resources
The operator does not have to waste his or her time looking for intermediaries and partners.
The risk of cooperation with unreliable suppliers is reduced to zero
Cooperation with trusted suppliers
Your customer will be able to play bright, attractive and interesting casino games, online slots, live games, VR and AR entertainments
Quick payback of projects
The average payback period is only about 3-6 months (or even less in some cases)
The gambling market in Australia is attractive to lots of investors from Sydney, Melbourne, Brisbane, and other cities. Not surprisingly, opening a gambling business in Australia will bring the following benefits to the operator:
If you want to buy a casino in Australia and get a decent profit, turn to real professionals. 2WinPower has extensive experience in the gambling market in Australia. Thousands of operators have become owners of successful gaming projects with our help.
Do you want to learn more about our turnkey projects or buy a casino in Australia? Please, contact our managers:
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