Australia Cracks Down on Illegal Gambling Websites

An Australian firm known as “Best Odds” faced repercussions for operating an internet wagering platform without the necessary authorization. Their intended purpose was to assist individuals in comparing odds from legitimate betting platforms; however, the governmental body ACMA asserted that they were essentially functioning as an illicit bookmaker.

This situation carries significant weight as unlawful gambling deprives Australia of substantial tax revenue, amounting to approximately $1.9 billion USD annually! The ACMA aims to safeguard individuals and ensure universal adherence to regulations, prompting them to issue a formal caution to “Best Odds.” Consequently, “Best Odds” has ceased operation of their betting service.

In an effort to curb illicit overseas wagering, the Australian Communications and Media Authority (ACMA) has joined forces with internet providers to restrict access to an additional nine websites, including Winning Days, 21Bit Casino, and Lucky Elf Casino. This action augments the hundreds of sites already blocked, demonstrating their dedication to safeguarding Australians from questionable gambling platforms.

These unlawful sites not only jeopardize individuals but also deprive Australia of substantial tax income. A recent study projected that in the coming years, these dubious offshore casinos could cost the nation billions! The government is demonstrably treating this matter with gravity, granting the ACMA increased authority to address this escalating issue.