{"id":74,"date":"2024-06-13T08:52:57","date_gmt":"2024-06-13T05:52:57","guid":{"rendered":"https:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/"},"modified":"2024-06-17T12:57:41","modified_gmt":"2024-06-17T09:57:41","slug":"australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore","status":"publish","type":"post","link":"https:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/","title":{"rendered":"Australia Facing Billions in Losses as Outdated Gambling Laws Drive Players Offshore"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/5NipKD_IHG8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The digital gaming sector in Australia is facing a potential financial crisis. Projections suggest a loss of substantial funds, potentially reaching two to two and a half billion Australian dollars by 2020, if the nation fails to modernize its internet gaming regulations. This alarming data comes from a recent analysis conducted by H2 Gambling Capital, a respected research firm, at the behest of the Australian Wagering Council (AWC), an organization representing major industry players like Bet365 and William Hill Australia. <\/p>\n<p>The AWC is raising significant concerns, advocating for a unified national framework for gambling oversight, including the removal of restrictions on internet-based casinos. They contend that the existing system, a fragmented collection of state and territory regulations, is antiquated and driving Australians towards unregulated offshore gaming platforms. Their argument holds weight \u2013 the study estimates Australia is forfeiting a considerable sum in tax income annually due to this issue. The AWC urges the government to address this situation and view it as an opportunity to establish a comprehensive and effective regulatory framework for gambling within Australia. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital gaming sector in Australia is facing a potential financial crisis. Projections suggest a&hellip;<\/p>\n","protected":false},"author":30,"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 in Crisis? \ud83c\udfae\ud83d\udcb8 | Outdated Laws Threaten Billions<\/title>\n<meta name=\"description\" content=\"Will Australia lose $2.5 billion in gaming revenue by 2020? Outdated regulations are putting the brakes on a booming industry. Learn more about the potential crisis and how modernization can save Aussie gaming.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia Facing Billions in Losses as Outdated Gambling Laws Drive Players Offshore\" \/>\n<meta property=\"og:description\" content=\"Will Australia lose $2.5 billion in gaming revenue by 2020? Outdated regulations are putting the brakes on a booming industry. Learn more about the potential crisis and how modernization can save Aussie gaming.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/\" \/>\n<meta property=\"og:site_name\" content=\"Unlock Your Winning Potential | Licensed Online Casino Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T05:52:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:57:41+00:00\" \/>\n<meta name=\"author\" content=\"Elizabeth &quot;Elixir&quot; Cox\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth &quot;Elixir&quot; Cox\" \/>\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:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/\",\"url\":\"https:\/\/7bitcasinobonuscode.icu\/2024\/06\/13\/australia-facing-billions-in-losses-as-outdated-gambling-laws-drive-players-offshore\/\",\"name\":\"Aussie Gaming in Crisis? \ud83c\udfae\ud83d\udcb8 | Outdated Laws Threaten Billions\",\"isPartOf\":{\"@id\":\"https:\/\/7bitcasinobonuscode.icu\/#website\"},\"datePublished\":\"2024-06-13T05:52:57+00:00\",\"dateModified\":\"2024-06-17T09:57:41+00:00\",\"author\":{\"@id\":\"https:\/\/7bitcasinobonuscode.icu\/#\/schema\/person\/7b1431b1a63d27e76162fcf5e76bb527\"},\"description\":\"Will Australia lose $2.5 billion in gaming revenue by 2020? 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