The Australian government has today announced a review of illegal offshore wagering.
Minister for Social Services, Scott Morrison, announced that the review will investigate methods of strengthening enforcement and ensuring Australians are protected from illegal online betting operators.
“According to the Australian Institute of Family Studies (AIFS) online gambling is a $1.6 billion dollar business in Australia with sixty percent of this revenue going offshore to more than 2,000 sites beyond the reach of our regulators and tax collectors,” Minister Morrison said.
“Unlike Australia’s licensed operators, overseas agencies don’t contribute product fees to racing and sporting bodies, do not comply with Australia’s legal Read full article
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