Australia has a unique gambling culture; it has been forming for centuries. The Australian way of gambling is called “the way we play.” With this as a starting point, it would be impossible for anyone to ever learn about the gambling culture in Australia through books, academic studies, or other sources. So, rather than telling you about this by saying “just like here,” this article focuses on telling you what the Australian way of gambling is about. It goes unsaid that we will talk here about gambling only at top-rated online casinos like the ones featured on OnlineCasinoGo ratings
Key Features of Gambling in Australia
In Australia, gambling is a big industry and a big business. It is estimated that approximately $70 billion of gambling money are spent in casinos and betting agencies in Australia. This says a lot about how popular gambling is and how much locals love to gamble. A lot of gambling options and a variety of games advance the market further.
With casinos located across the entire country, Australia has one of the highest per capita gambling rates in the world. And with that comes a uniquely Australian sense of aversion to taking risks. While Australians spend over $20 billion on gambling each year, over $10 billion of that is spent on poker. A third of all poker tournaments are held here. And the government takes close to half of all gambling income.
Although gambling is extremely popular in the country, not all Aussies feel the same way. In fact, just under a third of the Australian population takes part in their fair share of gambling. It’s interesting to note that this same proportion of Australians also supports the government’s attempts to reduce problem gambling. This isn’t necessarily a contradiction – just be aware that many people who don’t have a problem with gambling also support government interventions that help people not to have issues with this type of activity.
For many people, gambling can be a source of entertainment and fun. That’s one of the reasons why gambling is far from a social pariah in this country despite the fact that the majority of Australians support government interventions to reduce problem gambling. In fact, as Australia develops as a nation, you’ll find the country’s gambling industry continuing to grow with it. This is an overview of what you need to know about the gambling culture in Australia. But it can’t cover everything. If you’re thinking about getting into the local gambling industry, we recommend you check casino reviews for gamblers from Australia for further reading.
Gambling in Australia
If you’re hoping to make any money out of your gambling in Australia, you’ll be happy to know that there’s gambling in just about every nook and cranny of the country. This means you can gamble online, at a local bookmaker, at a casino, at a government-run lottery, at a private club, and on a beachfront in the sunshine.
That’s a good thing, given that Australians spend over $20 billion on gambling each year. According to government figures, people spend over $10 billion on poker in Australia. That’s more than their total spends on the lottery. And more than the total spend on all forms of gambling in the United Kingdom. In fact, the government estimates that around $10 billion is spent on casino games and only about $3 billion comes from betting on sporting events, horse racing, and lotto.
If you’re planning on making any money out of gambling in Australia, you’ll need to know what the legal requirements are in this regard. One of the first things to know about Australian gambling laws is that they’re unique to this country. That’s because Australia is one of the few countries in the world with a form of legal gambling.
When you look at it, it makes sense. Australia has a very strong relationship with the gambling industry. Most of their gaming machines have been produced by manufacturers based in Australia. And most of the gambling games found on the poker machines used in casinos around Australia are Australian-made. One of the other laws you need to know about is that Australian gambling laws are fairly strict. That’s because they’re based on the principle that you can’t win anything of value without losing some. And that’s very true of Australian gaming laws.
The government has a duty to protect people from the risks associated with gambling. Part of that is to ensure that players aren’t being misled into playing games that are far more complex than they expect. A player who knows their limits is more likely to keep their gambling to a relatively low level, which can be good news for the government. It’s better for all of us if players are spending their money on low-risk products. That keeps the risk of people gambling in such a way that makes them problem gamblers in the future at a very low level. The very same can be said about gambling in New Zealand, where every aspect of the industry is regulated so that players’ interests are fully protected.
The other big aspect of gambling law is the requirement for transparency. This is something that you’ll quickly understand as a player in Australia. There’s a lot of paperwork and bureaucracy involved in getting set up as a casino business. However, you’ll need to know that there are no exemptions from this requirement.