🕰️ 1990s: The Birth of Online Betting in Australia
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1994: Online Gambling Legalization
Event Description Legalization of Online Gambling The Australian government began to regulate online gambling, paving the way for betting sites. -
1997: Introduction of Betfair
Event Description Launch of Betfair The first betting exchange in Australia, offering a platform for peer-to-peer betting.
📈 2000s: The Rise of Online Betting Sites
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2001: Opening of SportsBet
Event Description Launch of SportsBet SportsBet established itself as one of the leading betting platforms in Australia. -
2008: Introduction of Point of Consumption Tax
Event Description POCT Implementation States started implementing a tax on betting services, impacting online bookmakers.
🌍 2010s: Expansion and Regulation
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2012: Launch of the Interactive Gambling Act Review
Event Description I Gambling Act Review The Australian government reviewed regulations surrounding online sports betting. -
2016: Regulatory Changes for Betting Websites
Event Description New Regulations Implementation of stricter advertising rules for online betting platforms in Australia.
🚀 2020s: The Current Landscape of Betting Sites
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2020: Surge in Online Betting Due to COVID-19
Event Description COVID-19 Impact Increased participation in online betting as usual sporting events were canceled. -
2023: Introduction of New Technologies
Event Description Tech Innovations Emergence of mobile betting apps enhancing user experience and accessibility.
