Online Casinos Australia Banned

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Rumors that Australia plans all online casinos banned in Australia 2020 have been going around for a while, but now it’s official. An amended version of the bill to amend the law on online gambling was adopted on August 9, 2017 and also includes a regulation prohibiting online poker.

The House of Representatives passed the bill in June. This last act of the upper house of parliament means that the ban on all online casinos and poker sites in Australia in 2020 will come into force in 30 days.

The 2001 rules on gambling as well as the Australian regulation on interactive gaming from 2001 and the media authorities’ regulation of 2005 are too old to be applicable to the current situation in online gambling.

That is why the bill to amend the law was enforced. Ultimately, the goal is to protect players from legal ramifications and the dangers of gambling addiction. Voices, however, that the law change includes online poker, argue that the card game is the lowest addictive casino game and is much more skill-based than luck-based.

European poker sites close the gap

The closure of the Australian market will draw even more attention to online casinos and poker sites abroad, from which players can only benefit.

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Australia was the largest online gaming market and European casinos can now step in and close the gap. All over Europe the laws are much less strict, in Germany the law on online gambling is still changing and the situation is much more future-proof than now in Australia.

Competition between casinos and poker sites will also increase, as the Australian market closes, a large number of players will be looking for new sites to play.

Choose the best of the best

When the competition for customers’ skyrockets, German players can pick the raisins, but it is important that you only sign up at casinos that comply with the law and meet the highest standards.

When choosing a casino, you should ensure that it is approved and monitored, that the games are fair and genuine, are verified by an independent third party, and that you are able to deposit funds using a variety of suitable and reliable payment options and take off.

Customer support will also be essential for German players, which should be available in their mother tongue and by phone, email, chat or even social media. Bonuses, terms and conditions and other special features should be clearly explained, the website should be easy to navigate and the user interface should be user-friendly.

Online casinos are officially banned in Australia on real money casinos and online poker in Australia has given a new region the opportunity to get in and take over the market, and chances are that Europe will do just that.

A push to ban social casino games by an Australian MP has gained nationwide momentum.

Tech Guide reports that Independent MP Andrew Wilkie said a ban on social casino games would help reduce gambling-related harm in Australia.

He introduced a bill to parliament in 2020, with the Interactive Gambling Amendment Bill’s only objective to drive a nationwide ban on social casinos.

If the bill passes, Australia would prohibit social casino gaming, in addition to an existing ban on iGaming.

According to the Interactive Gambling Act, parties found guilty of participating in or facilitating online gaming would be required to pay a fine, of up to $220,000, with companies liable to pay $1.1 million.

Reclassifying social casino gaming as a form of gambling from its initial entertainment status would put it on the same level as iGaming.

From Mr Wilkie’s perspective, social casinos have paved a way for the thriving iGaming scene.

Casino operators on offline and online casinos platforms also ensure that only adults can access their products, with free online games allowing players to place wagers and win real money without depositing anything in their accounts.

A social casino game is an app or website where you can play popular casino games like roulette, poker machines and blackjack with your friends as virtual versions of the physical game.

Online gambling surge amid UK lockdown

Britons stuck at home due to coronavirus are hitting the online casinos, providing a boost for operators of virtual games such as blackjack and roulette.

Bloomberg reported in February that 888 Holdings Plc said Tuesday it’s seen increased customer activity in the casino and poker operations that make up the majority of its revenue, echoing comments made on March 19 by gambling technology firm Playtech.

Online Casinos Australia Banned 2020

The “encouraging” update from 888 reinforces the view that gambling companies can mitigate losses arising from the cancellation of sporting events.

Gavin Kelleher, an analyst at broker Goodbody, said in a note.

Australian Online Casinos List

888 got about 15 per cent of revenue from sports betting in 2018.

888 stock soared as much as 38 per cent Tuesday, the most ever, paring a plunge that followed widespread postponement of sports from soccer to horse racing as well as broader concerns about the virus’s impact on the economy.

The shares are down 33 per cent in the year, much less than the 77 per cent drop for bookmaker William Hill, which relies more on sports.

Among 888’s closest peers, Gamesys Group Plc has risen about 32 per cent since the firm said March 17 it’s seeing “good momentum across the business”.

But despite Playtech’s comments, its stock is down about 56 per cent over the past month.

Peel Hunt analysts Ivor Jones and Douglas Jack warned last week that Playtech’s live casino operation requires a large number of employees to be in the same place at the same time, operating tables that are streamed to people playing online.

Germany approves online gambling

The heads of Germany’s 16 states have recently approved the proposed legalisation of online casino games and online poker from July 1, 2021.

Casino News Daily reported that at the start of 2020, Germany implemented an experimental sports betting regulatory regime outlined in the country’s Third State Treaty on Gambling.

Under the gambling law that will remain in effect until June 30, 2021, international companies that want to operate in Germany must obtain licences from the competent licensing body – the Darmstadt Regional Council of the state of Hesse.

Such companies can only conduct online sports betting activities.

Online casino and poker products are prohibited under the Third State Treaty on Gambling.

The recently approved gambling law that will take effect from July 1, 2021, expands regulated online gambling services to casino and poker and beyond sports betting for the very first time since German lawmakers first launched their effort to introduce regulated online gambling.

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While Germany’s iGaming market is set to be expanded, it should be noted that when it happens, operators conducting regulated wagering and gaming activities will be subjected to heavy limitations.