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Online gambling in Australia is governed by the Interactive Gambling Act of 2001. This made it illegal for Australian based companies to offer certain forms of gambling to Australian residents. Sports betting was the biggest exception, but any company wishing to offer online sports betting has to be fully licensed and comply with a strict set of regulatory requirements.
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Despite the current gambling plateau in Pennsylvania, the state’s existing gambling dens have so far dragged their feet on internet betting. According to OnlinePokerReport, the Pennsylvania Gaming Control Board had yet to receive any applications for online gaming as of last week. The Board said it would start accepting them in April. Under the state’s online gambling law, casinos have the option to apply for licenses for specific online gambling offerings after a 90-day window, rather than seek a more expensive license for a full suite of products. The online slots tax rate is also a matter of contention with the industry and reportedly has cooled some enthusiasm toward internet betting. During the years-long online casino debate, Pennsylvania was eyeing a regulated online betting market of $300 million per year.
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