{"id":36,"date":"2024-06-11T16:35:22","date_gmt":"2024-06-11T13:35:22","guid":{"rendered":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/11\/australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws\/"},"modified":"2024-06-12T10:46:03","modified_gmt":"2024-06-12T07:46:03","slug":"australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws","status":"publish","type":"post","link":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/11\/australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws\/","title":{"rendered":"Australia Risks Billions in Lost Revenue Over Outdated Online Gambling Laws"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/VmTgSwryTz0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The internet-based gaming sector in Australia is facing a potential financial hit.  New research forecasts that Australia might forfeit a substantial $2.2 to $2.3 billion in earnings by 2020 if it doesn&#8217;t adjust its stance on digital wagering. That&#8217;s a significant amount of prospective income vanishing!  Furthermore, the analysis estimates that Australia is losing a massive $1 billion in tax income annually due to the existing limitations.<\/p>\n<p>The Australian Betting Council (ABC), representing industry giants like Bet365, Betfair, and William Hill Australia, is spearheading the push for reform. They advocate for a nationwide regulatory structure that would eliminate the antiquated prohibition on internet-based gaming. They contend that the current regulations are driving Australians towards illicit offshore providers, resulting in job losses and diminished revenue for the country. <\/p>\n<p>ABC&#8217;s Chief Executive, Ian Fletcher, was blunt, asserting that Australia has fallen behind in adapting to the digital era and the worldwide shift toward online betting. He views this evaluation as a prime chance for Australia to finally modernize its gambling regulations. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The internet-based gaming sector in Australia is facing a potential financial hit. New research forecasts that Australia might forfeit a substantial $2.2 to $2.3 billion in earnings by 2020 if it doesn&#8217;t adjust its stance on digital wagering. That&#8217;s a significant amount of prospective income vanishing! Furthermore, the analysis estimates that Australia is losing a [&hellip;]<\/p>\n","protected":false},"author":80,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aussie Gaming Revenue: $2.3 Billion Up For Grabs?<\/title>\n<meta name=\"description\" content=\"Will Australia miss out on a potential $2.3 billion windfall? New research suggests a shift in digital wagering policy could unlock massive revenue. 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Find out more!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/11\/australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws\/\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Curve with Our Licensed Casino Gaming Updates\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T13:35:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:46:03+00:00\" \/>\n<meta name=\"author\" content=\"Naomi &quot;Nyx&quot; Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Naomi &quot;Nyx&quot; Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/11\/australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws\/\",\"url\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/11\/australia-risks-billions-in-lost-revenue-over-outdated-online-gambling-laws\/\",\"name\":\"Aussie Gaming Revenue: $2.3 Billion Up For Grabs?\",\"isPartOf\":{\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-11T13:35:22+00:00\",\"dateModified\":\"2024-06-12T07:46:03+00:00\",\"author\":{\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/9304167df44080df2541e1d68c58835f\"},\"description\":\"Will Australia miss out on a potential $2.3 billion windfall? 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