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Gambling Industry in Australia: Trends, Growth and Opportunity

Casino
Feb 05, 2024
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Australian Online Gambling

The online gambling industry in Australia is constantly thriving with the advent of technology, rising gambling platforms, and changing behaviors of bettors and punters. Today, people can bet anywhere and at any point in time on their favorite sports of their choice.

The global online gambling market was valued at $75.41 billion in 2021, which is constantly rising day by day and is estimated to grow at a CAGR of 12.0% during the forecast period of 2021 to 2030.

Online gambling offers people a chance to bet on casinos, sports games, and others over the Internet. If you wish to do gambling online, you must first understand the industry’s key trends and segments. 

If you are looking for Australian Online gambling trends, here we have got you all covered in this blog! In Australia, the introduction of new forms of online gambling, like keno, lottery terminals, and instant scratch tickets has gained popularity across the globe. Online gambling platforms also attract the younger generation and reach people who don’t have access to brick-and-mortar casinos or bars. 

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Australian Online Gambling Market 

  • According to a recent report by IMARC, named “Australia Online Gambling Market,” found out that Australia’s Online gambling market cap was valued at $4.5 billion in 2022. 
  • IMARC expects the market to reach $7.2 billion by 2028, exhibiting a compound annual growth rate of 7.09% from 2023 to 2028. 
  • Over 80% of Australian adults wager money at online casinos. As per the market analysis, in 2017-2018, they spent $24.887 billion, nearly $1.2 billion more than what was spent in 2016-2017. 
  • It was found that after the Covid-19 Pandemic, the online gambling habits of people have changed with an increase in the number of online gamblers from 16% after the pandemic. 
  • The Australian online gambling industry is primarily driven by increasing disposable incomes, and heavy reliance on smartphones for playing games and betting online. 
  • Key market players in the Australian market are launching online gambling applications that can be accessed via mobile devices and tablets. 
  • With low-cost data availability, people in Australia are more inclined towards online gambling websites and applications of global international and domestic markets. 
  • With the advent of technologies like AR, VR, 3D animation, and blockchain, gambling platforms have become immersive, safe, and transparent, offering bettors reliable betting platforms. 
  • Australian online Gambling market players are reimagining the experience of the gamblers by offering a safe and secure platform to bet on. 
  • Freemium models are available in online betting, making them more accessible across the globe. 
  • Mobile gaming and other cross-platform gambling games have accelerated the demand for online gambling games in Australia. 
  • Key players in Australia are interested in sports betting software development to launch their own sportsbook business and tap a global audience of punters. 
  • Entrepreneurs are launching new gambling apps online for all gamblers and punters. 

Key Market Segmentations 

IMARC Group provides a full-fledged segmentation of the Australian online gambling industry:

  • Based on the Game Type: The Australian online gambling market is broadly classified into multiple categories, including sports betting (football, horse racing, e-sports, and others), and casino betting ( baccarat, live casino, slots, blackjack, poker, etc.) 
  • Based on devices, the market is broadly classified into three categories, including mobile, desktop, etc.
  • Region-wise, the Australian gambling industry is broadly classified into categories including Western Australia, Queensland, Victoria and Tasmania, Australia Capital Territory and New South Wales, Northern Territory & Southern Australia. 
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Australian Online Gambling Rules & Regulations

As we have discussed the gambling market of Australia, it is time to understand some of the major rules and regulations that the country has for online gambling games. Though gambling is legal in the country, there are rules as per the different states and territories of the country. 

Australian Online Gambling Rules & Regulations

1. Australian Capital Territory 

It covers under a half million residents. As per the research, there are about 5000 pokies in the region, regulated by the Gaming Machine Act of 2004. Under this law, players can’t bill more than $20 nor they can bet over the amount of $10 per game. 

The Race and Sports Betting Act of 2001 grants horse race betting and other sports betting; both online and brick-and-mortar. Charity gambling is allowed but table games and poker are prohibited outside the Casino Canberra. 

2. New South Wales 

Legal gambling is happening more in New South Wales than in any other state or territory of the country. There are three casinos that are emerging today; Wolf Betting Casino in Terrigal, The Star, and Crown Casinos in Sydney, which house a small portion of more than 100,000 pokies in the state. 

If you want to gamble in New South Wales, there is a limit of $10 per game until and unless you are in one of those casinos, as they offer limitless opportunities to gamble. 

3. Northern Territory

Northern Territory has two main brick-and-mortar casinos; Mindil Beach in Darwin and Lasseters in Alice Springs. It is basically known for missing online licenses for sports betting in the country. It is home to plentiful TAB outlets, and approx. 2,200 pokies in bars and clubs. 

4. Victoria 

Being an independent gambling authority, the Victorian Gambling and Casino Control Commission is responsible for licensing and compliance matters. The Office of Liquor, Gaming, and Racing is a division within VIC’s Department of Community Safety and Justice, that adheres to legislation, and major licensing. 

5. Queensland 

The Queensland Office of Liquor and Gaming Regulation adheres to licensing and compliance. While the Office of Regulatory Policy keeps up with the regulation of fair trading, liquor, and gaming.

6. Tasmania 

7. South Australia 

The Lotteries Commission of South Australia promotes and conducts lotteries in SA. 

Consumer and business services within the Attorney General’s Department are catering to the legal requirements of licensing, policy, and compliance when it comes to gaming machines, lotteries, betting, and casinos.

8. Western Australia 

The Western Australian Department of Liquor, Gaming, and Racing is responsible for catering to the requirements of licensing, policy, and compliance matters. 

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Best Australian Online Gambling Games Sites 

You might have understood the most popular and preferred Australian online gambling games that are available out there in the market. Here is the list of the best Australian gambling software providers that are preferred not only in Australia but also across the globe. 

Best Australian Online Gambling Games Sites
Rank Gambling Site Name Features Bonus 
1st22 Bet Hundreds of casino games to choose from Available as both app and mobile browser site Fast payouts and high deposit limits access to the Industry’s best progressive jackpots Welcome Bonus: 
100% up to ₹25,000 
2nd BetwayChoose from over 400 casino games Get up to $2,400 in bonus money Welcome Bonus: 
100% up to ₹78,360 
3rd Europa Casino Hundreds of casino games to choose from Available as both app and mobile browser sites Fast payouts and high deposit limits access to the Industry’s best progressive jackpots Welcome Bonus: 
100% up to ₹200,000
4thSpin Casino Multiple welcome bonuses Licensed by Malta Gaming Authority and Kahnawake Gaming Commission Play 500+ casino games from Microgaming Welcome Bonus: 
100% up to ₹1,00,000 
5th 10 Cricgo The default Currency is Rupees Multiple promotions for new and existing customers Instant payouts with Bitcoin Welcome Bonus: 
250% up to ₹60,000 

By now you might have known what are the best online casinos in the gambling industry in Australia that can benefit you massively. Try our online game gambling sites to earn rewards and exciting prizes that are hard to find elsewhere. 

Australian Online Gambling Opportunities 

As we have seen that it is legal to operate gambling setups in the country, the industry seems to have a lucrative future, offering sports entrepreneurs plentiful business opportunities. Whether you are a sports gaming business owner or bettor; there are plentiful Australian online gambling games that can help you generate next-level revenue. With online gambling software development, you can generate a high level of ROI and a massive user base who like keeping track of the best online gambling game platforms, including live scores, stats, and performance. 

Here is the list of Australian online game gambling opportunities that can help you reach millions of screens and generate a high ROI:

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Final Words 

By now you might have understood the Australian online gambling trends, rules, and games that are becoming increasingly popular among the community of bettors and punters. If you are fascinated by the concept of launching your own gambling business in Australia, contact BR Softech a leading casino game development company in Australia that can help you develop gambling apps that offer exciting rewards to players in the field of online gambling software industry. Our in-house team of certified designers and developers work day in and day out to bring forth interactive and innovation-driven gambling game applications that are regulated by Australian jurisdiction.

Our in-house team of certified designers and developers work day in and day out to bring forth interactive and innovation-driven gambling game applications that are regulated by Australian jurisdiction. 

Frequently Asked Questions 

Q.1 Is Online Gambling Legal In Australia? 

Yes, it is legal to play online gambling games in Australia since there is no dedicated law that prevents players from playing casino or sports betting games. Besides that, different states and territories are having separate laws and rules related to gambling and licensing.

Q.2 Do You Provide Customized And White-Label Sportsbook Software?

Yes as the best sportsbook software provider in Australia, we ensure to provide a wide range of software, including white label, customized, and turnkey sports betting software. 

Q.3 What Type Of Casino Game Software Do You Provide? 

As the best casino game development company in Australia, we provide software featuring varied casino game development services, including slots, baccarat, blackjack, teen patti, live dealer casino, Texas Holdem, and poker game software development. 

Q. 4 What are the most popular gambling apps in Australia?

Ans. The most popular gambling apps in Australia include: 

  • BetRivers 
  • Fanduel 
  • Bovada
  • BetMGM
  • DraftKings 

Nitin Garg

I am Nitin Garg, founder of BR Softech PVT LTD - an award-winning mobile game development company known for its excellence in the gaming domain. We have a team of 180+ exceptional professionals & we have a satisfied clientele of 2.7k+ globally. Driven by an entrepreneurial spirit, I aim to elevate BR Softech to a billion-dollar company.

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