I have noticed Tom Waterhouse has a maximum you can win on one bet of $10,000. The Government estimates Australians spend up to $400 million on illegal gambling websites each year, amounting to $100 million in lost tax revenue. The move follows a review by former New South Wales premier Barry O’Farrell in 2015 which recommended blocking illegal gambling websites.
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Powers to be used by the Australian Communications and Media Authority (ACMA) for the first time would allow it to block access to illegal sites once an investigation has been carried out. Communications Minister Paul Fletcher said too many people were losing money through more than 1,000 sites which targeted them with misleading incentives. Illegal offshore gambling websites ripping off Australians will be blocked under new measures announced by the Federal Government.
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Is Australia number one in gambling?
There are plenty of reasons to feel good about being Australian. Whether it's education, health, or household wealth, Australia ranks consistently high on global livability metrics. But one international leaderboard Australia uncomfortably sits at the top of is gambling losses per capita.
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- On the other hand, casino-style games and live sports wagering are not legal in Australia, even if you can access them on overseas websites.
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