Casino Closure

Casino Closure Led to 140% Online Gambling Growth in Australia

Casino Closure
Casino Closure

Despite the coronavirus pandemic, that has led to the closure of many businesses. There are some good news in the Australian gambling space. Online gambling in Australia has massively grown 140% according to the gaming regulator.

Addressing at ICE Asia Digital meeting, the prominent Officer of Liquor and Gaming Regulations (OLGR) Queensland executive director, Michael Sarquis, indicated that the closure of all the regulated gambling venues during the month of March brought about a massive increase in online gambling in the country. Even though there are some unlicensed online gambling, which is another remaining concern.

Sarquis indicated that the COVID-19 effect was significant on both land-based and online industry. This brought about a noteworthy response in online gambling in Australia.

“It remains to be seen if online arrangements are likely to continue at that level. The rise will have a significant impact on how we regulate in the future, with online gambling advertisement regulations already strengthened.

“For land-based operators, it’s had an adverse impact which will add to the problems for some of those companies.

“While regulated online wagering has been growing significantly in Australia, there has been concern around growth in unregulated online gambling. Our Government has been very active in controlling it; however, it continues to be a major challenge.”

The rise in Online Gambling During COVID-19

The rise in online gambling as been taking massive changes during the coronavirus lockdowns. A study by an Australian credit bureau and AlphaBeta made a reveal that there is a 76% increase in online gambling in the previous weeks.

Online Gambling in Australia Forecast
Online Gambling in Australia

These figures are based on the trial of the transaction of 250.000 Aussie customers; indicate the online gambling industry as amongst the biggest victors of COVID-19 lockdown. Online gambling also joins other services such as food deliveries rising 63%, whereas online retail and subscription services are up to 61%.

As it stands, we are expecting more players to place their bets online in Australia since most casinos are not yet open. Online gambling has now taken a tow in a bid to make sure that all gamblers enjoy real money gaming anywhere they are as long as there is an internet connection.

Final Thoughts

It’s not surprising that there has been a massive rise in online gambling growth in Australia during lockdown. Rather, there was always a real possibility that gamblers will turn for other alternatives. And the closest one was online casino gambling.  This is because players understand that real money gambling online will surely offer them the highest possibilities of making sure that they win amazing prizes at the comfort of their homes.

FAQs


There is no legal principle that bares players from playing online casino games in Aussie. And for that reason, most people assume that online gambling is illegal in the state.

Each applicant who has a certain interest in gambling must complete an application for a state gambling license that usually cost $500. This is a non-refundable application commission.

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