Market News - Gambling

Australian operators warn of rising unlicensed online gambling

Australian gambling operators are warning that unlicensed online gambling is rapidly increasing, posing serious risks to consumers and undermining the regulated industry. According to industry representatives, offshore gambling websites are aggressively targeting Australian players, offering casino games and betting services that are illegal under national law.

 

These unregulated operators do not follow Australian standards for responsible gambling, customer protection, or data security. As a result, players who use offshore sites face higher risks of fraud, non-payment of winnings, identity theft, and problem gambling, with no legal recourse when issues arise. Industry leaders also report a rise in illegal advertising and influencer promotion encouraging Australians to access these platforms.

 

Licensed operators argue that the growing illegal market is costing the Australian economy millions in lost tax revenue and harming the viability of regulated gambling businesses that comply with strict rules. They are calling for stronger enforcement measures, including tighter financial blocks, ISP website blocking, and greater cooperation between government agencies and payment providers.

 

Regulators acknowledge the problem and are working to expand monitoring and enforcement, but industry groups insist that urgent action is needed to stop the continued growth of unlicensed gambling in Australia.

View the original full article here: https://www.gamingintelligence.com/legal/223047-australian-operators-warn-of-rising-unlicensed-online-gambling/

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