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Casino in Australia: Discover New Gambling Opportunities with 2WinPower

1. Australian Licenses: The Specifics of Local Laws

2. License for a Casino in Australia: The Terms of Purchase

3. Online Gaming in Australia

4. Gambling Taxation

5. Requirements for Applicants 

6. Conclusion

All types of gambling are legalized in Australia. Australians are big gambling enthusiasts. The local population spends about $6 million on casino games (approximately $500 per player) annually. Obtaining an Australian casino license is an excellent opportunity to enter the international gaming market with an impeccable reputation.

The 2WinPower team has collected comprehensive information about the nuances of regulating the gambling business in this offshore zone, the taxation system, and the rules of getting local permission. Moreover, a turnkey project development service is available for operators who do not want to spend their time on independent collection and preparation of documents.

Australian Licenses: The Specifics of Local Laws

Australian license: the specifics of local laws

Despite the stable development and popularization of real money games, Australian gambling regulation is quite complicated. This situation is explained by the division of powers between the federal and local governments (8 jurisdictions).

Each region regulates the industry with the help of its own departments:

  • The metropolitan casinos in Australia are controlled by the Gambling and Racing Commission.
  • The gaming industry is monitored by the Liquor & Gaming NSW agency in New South Wales.
  • You can receive a license in Victoria from the Victorian Commission for Gambling and Liquor Regulation
  • The industry is regulated by the Office of Liquor and Gaming Regulation in Queensland.
  • You can buy a gambling permit by turning to the NT Racing Commission in the Northern Territory of Australia.
  • The Independent Gambling Authority operates in South Australia.
  • The industry control in Western Australia belongs to the Racing, Gaming, and Liquor Department.
  • The Tasmanian Liquor and Gaming Commission operates in Tasmania.

License for a Casino in Australia: The Terms of Purchase

It is possible to obtain permission for such types of ground-based entertainments in this offshore zone:

  • casinos: table games, roulette, poker;
  • lottery terminals;
  • slots;
  • keno;
  • bookmaker's offices (horserace betting is a separate category).

License for a casino in Australia: the terms of purchase

Here is the general list of documents requested from the candidate (regardless of the region):

  • proof of identity of interested persons (passports or driver's licenses of founders);
  • police clearance certificate;
  • confirmation of solvency;
  • certificates of conformity of hardware and software;
  • documents confirming taxpaying.

Online Gaming in Australia

The Internet segment is controlled by the national government. The Interactive Gambling Act prescribing the rules of online entrepreneurship was adopted in 2001. According to this document, all types of available content can be divided into several categories:

  • roulette, poker, card emulators, dice, and other games (standard assortment of virtual casinos);
  • video slots;
  • lottery draws of various formats (instant lotteries, bingo, keno);
  • totalizator;
  • bookmaking business.

Gambling Taxation

Interestingly, since 2001, only service suppliers are taxed. Deductions are not charged to winnings. Any cash prize is treated as random luck.

The size and type of deductions depend on the region in which the license for a casino in Australia is purchased. Fifteen per cent of the country's annual income consists of tax fees from gambling operators.

Basic gambling industry taxes

Type of deduction

Description

Turnover commission

Fees are collected from the organizers of sports betting activities and lotteries

Penalty for a lost customer

This payment is mandatory for all forms of gambling platforms (bookmakers, sweepstakes, ground-based and virtual casinos in Australia, slots, etc.)

Deductions from net revenue

This tax applies only to poker rooms and sweepstakes

Maintenance of licenses in Australia

A fee is charged to all operators having purchased a license for casinos in Australia for distribution of online services

Requirements for Applicants

Opening a casino in Australia

As mentioned above, each state has its specifics of industry regulation. Nevertheless, the list of the main requirements for operators consists of the following characteristics:

  1. Cooperation with law enforcement agencies. A gambling company must report violations promptly (for example, the participation of minors in gambling activities, suspicious financial manipulations and fraudulent actions, etc.).
  2. Creation of a favourable atmosphere. The operator's task lies in providing customers with a full range of services and tools for playing games.
  3. The security of transactions. The owner of the website should guarantee not only the transparency of operations but also set fixed limits on withdrawals and deposits.
  4. Compliance with the Australian Consumer Law. When buying licenses in Australia, investors should remember about the ban on promoting online projects in the country through promotional and media materials.
  5. Accreditation of employees. The staff must be highly qualified. Employees should have appropriate work permits.
  6. Confidentiality. Personal data about the users’ location should not be disclosed. The exceptions are requests from law enforcement agencies and regulatory authorities.
  7. Crime-fighting. Online casinos must be protected from any attempts to launder money and fraudulent activities.

Conclusion

Due to the strict requirements for operators, the license for a casino in Australia is considered the best confirmation of the brand’s impeccable reputation and reliability.

2WinPower employees are ready to help you with the legalization of gaming projects of any format. We provide both consulting services and full legal support (from collecting documents to creating bank accounts and opening local representative offices in offshore zones).

Cooperating with 2WinPower, you will always have access to the latest gambling market novelties. Our assortment includes the best solutions from Microgaming, Novomatic, Igrosoft, Amatic, Playtech, and other world-famous suppliers.

Become the owner of the most profitable business of our time with 2WinPower right now:

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