Wed. Jul 3rd, 2024

Australia Cracks Down on Five More Illegal Online Casinos

The Land Down Under has taken action against an additional quintet of illicit internet gaming platforms.

This recent wave of restrictions, aimed at sites such as Viperspin and Just Casino, increases the cumulative number of platforms blocked by the Australian Communications and Media Authority (ACMA) to a staggering 835. The ACMA has been diligently pursuing these unauthorized operators, pushing over 200 of them out of the Australian market since 2017.

These efforts are part of a broader initiative to safeguard Australians from the risks associated with unregulated online wagering. The ACMA possesses extensive authority to restrict websites that provide prohibited gaming services, such as virtual casinos and slot machines, directly to Australians. They can even target platforms that promote these unlawful services within the nation.

This development coincides with a surge of activity in the Australian gaming sphere. Stake.com is confronting legal proceedings, the government introduced its BetStop self-exclusion registry, and Tabcorp recently obtained a substantial tax reimbursement. Adding to the strain, Crown Resorts was slapped with a hefty penalty by AUSTRAC, and Victoria is poised to implement even more stringent gaming regulations by 2024.

Author

By William "Whisper" Anderson

This accomplished writer holds a Bachelor's degree in Applied Mathematics and a Master's in Financial Engineering. Their expertise in stochastic calculus, time series analysis, and risk management allows them to provide in-depth analysis of casino games and betting strategies. They have a passion for educating readers on the mathematical foundations of gambling and helping them make informed decisions. Their work has been published in numerous industry journals and online platforms.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *