πŸ€‘ Australian online gambling reform: Extraterritorial reach - LawExchange International

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The Interactive Gambling Act (IGA) was passed in June by the Australian Government released a discussion paper for the review of the Interactive Gambling Act This page was last edited on 24 January , at (​UTC).


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The proposed amendments to the key Federal gambling legislation are in their final stages of review by the Australian Parliament and are likely.


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Online gambling in Australia, whether offered by providers located in Australia or offshore, is regulated at a Federal level under the Interactive Gambling Act (​Cth) (IGA). Many reviews have been undertaken over time by the Australian Government in relation to LawExchange International


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Online gambling in Australia, whether offered by providers located in Australia or offshore, is regulated at a Federal level under the Interactive Gambling Act (​Cth) (IGA). Many reviews have been undertaken over time by the Australian Government in relation to LawExchange International


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department) would undertake a review of the Interactive Gambling Act (the IGA). An interim report from the review was released for public comment on


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It will face four big challenges. Third is the question of time. There has also been a Lords inquiry into gambling, an all-party parliamentary group inquiry into gambling-related harm, and material published by the Department for Digital, Culture, Media and Sport select committee. First is the question of its premise. A familiar theme now dominates the front pages: for too long, the betting industry has encouraged excessive spending, exploited vulnerable people, and failed to tackle money laundering or protect its customers. A new review will require someone of the stature and integrity of Alan Budd to lead it, and its success will depend on the quality of the relationship between the Department of Health, the Treasury and β€” if the rumours in Whitehall are true β€” whatever is about to replace DCMS. The stories stack up. Loading comments… Trouble loading? Show 25 25 50 All. This was the right question to ask at the time, but since the world has experienced technological change that Budd could not have foreseen. Topics Gambling Opinion. None of these four challenges will be easy to resolve. Politically, the outrage has led to a cross-party consensus that it is time for change. If the same happens now, then by the time a new act comes into effect, in , the industry will have changed beyond recognition, with new products, new markets and new types of currency. Echoing both the Labour party and campaigners, the government has just committed to a review of the Gambling Act. Order by newest oldest recommendations. Fourth is the question of scale. There is an argument that new legislation should be leaner and agile enough to respond to innovation and change. Second is the question of scope. And, in the breakdown of that relationship, many people have been harmed. It is now embedded in every aspect of our lives: our banks, high streets, television screens and football teams. Most popular.{/INSERTKEYS}{/PARAGRAPH} In other words, a new review should be more novella than novel. Threads collapsed expanded unthreaded. It is a hefty tome. The advantage to this approach would be that it ensures leanness and agility. The Guardian recently showed how one operator profits from a company that treats gambling addicts. Similar scandals have highlighted the industry use of VIP schemes , and the fact that some FA Cup games have been exclusively streamed via betting giants such as Bet These stories have led to outrage. It is a world that stretches the limits of the relationship between freedom and the protection of the state. A new review must be based on a premise that incorporates the reality of machines as well as humans and the market. When we talk about gambling, we enter a vast world that spans questions from addiction and isolation to market failure and machine learning. Research suggests that there are just under half a million problem gamblers who have their lives damaged by debt, depression, family breakdown and, in the worst cases, suicide. The Budd report took over a year to write and was published in The act became law in and was fully implemented in The whole process took the best part of a decade. Budd sought a balance between the freedom to gamble and protection from harm. It is important that a new review does not create a similar delay. The act reads like a Victorian novel. A review of the act will require a Budd report fit for the digital age. Gambling has become a canary in the coalmine of our economy. It categorises and it promulgates, it espouses key concepts in subclauses. Technological change is mentioned, but the report could not have foreseen the rise of smartphones and social media β€” let alone recent developments in data analytics and algorithmic intelligence. Reuse this content. The disadvantage would be that it risks being piecemeal. {PARAGRAPH}{INSERTKEYS}N ot a day goes by without another horror story about gambling. Budd worked on the premise that a balance could be struck between economic freedom and social protection. Because of the risks of scope and time, there is an argument that instead of One Single Big Act, a series of smaller interventions could be drafted around specific questions β€” not dissimilar to the approach taken in the shorter act on online gambling.