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The proposed Interactive Gambling Act also brings forth some exciting changes. The proposed amendments to the IGA will allow Australia to become more competitive in the online gambling world.
Australian service providers for live-betting and online poker will be expected to match a series of standards set forward by the Australian government.
As soon as the standards for these companies have been finalised there will be a trial period for online poker.
Sites will receive licenses to offer online poker but will not be allowed to offer any other online casino games, which will still be considered as illegal on any approved sites.
One of the biggest and most exciting amendments will be allowing gamblers to make live or in-play bets on sporting events online. Micro-betting could possibly be banned at both online sites and live betting locations.
The IGA will give out heavier penalties to companies and individuals in Australia running illegal gambling sites. Action will be taken against the websites and directors of the companies will be held liable for their illegal gaming offering by the Australian Federal Police.
Illegal sites could be shutdown permanently. All the proposed changes to the IGA are put in place to minimize the possible harm of online gambling.
The monitoring of online betting activities will allow the government to prevent any match-fixing. All of these potential changes to the IGA could be instigated if the bill passes through parliament.
The support for the bill has been tremendous from both the gaming industry in Australia to a variety of political figures. The focus is on protecting the citizens and their funds while increasing the responsible gambling causes.
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